Wednesday, August 19, 2009

Plans For More Cititel Express Hotels In Sabah

Malaysia's home-grown hotel management company Cititel Hotel Management (CHM) plans to open up more hotels under its Cititel Express brand in Sabah and Sarawak soon.

CHM Managing Director Datuk Eric Lim said the company was in the process of seeking prospective sites for the purpose.

"We will focus on state capital first before moving to secondary locations in Sabah and Sarawak," he told reporters after the launch of its first Cititel Express hotel here by Sabah Chief Minister, Datuk Seri Musa Aman, on Tuesday.

The new 275-room Cititel Express, located in the heart of the city, is within the Asia City complex, and 10-minute drive from the Kota Kinabalu International Airport. It is also just a stone's throw from the famous Filipino Market and KK Esplanade.

"Our direction is clear for east Malaysia (Sabah and Sarawak). We are confident of the various economic activities taking place here including the Sabah Corridor Development (SDC)," he said.

However, Lim said CHM was not setting any time line to open up more Cititel Express here but would go for it "when the opportunity arises."

CHM is a subsidiary of IGB Corporation Bhd, a property and investment holding company listed on the Malaysian Stock EXchange, renowned for its numerous high-end commercial, residential and retail development inclusive of Malaysia's popular shopping destination Mid Valley City.

On Cititel Express, he said in May 2007, IGB corporation Bhd signed a memorandum of understanding with the Sabah Economic Development Corporation (SEDCO) to reactivate the hotel.

"When we mobilised on site work in June 2008, only three floors of this building were completed then, and after 14 months, the Cititel Express Kota Kinabalu became a reality, our group's second hotel under the Cititel Express brand in the country," he said.

Lim said CHM had invested some RM30 million to compete the project, and SEDCO leased out the property to CHM for 30 years under the build, operate and transfer (BOT) agreement.

He said CHM would reopen its five-star MiCasa All Suite Hotel in Kuala Lumpur at the end of this year and open up its first hotel in Makati, Philippines under the name of ST. Giles next year.

Source : Bernama
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