Penang – CapitaLand Investment Limited’s wholly owned lodging business unit, The Ascott Limited (Ascott), proudly announces, its iconic heritage property, The George Penang by The Crest Collection, has been crowned the Best Hotel in Penang at the prestigious TTG Awards 2024, held in Bangkok, Thailand.

This esteemed recognition marks a significant milestone for the property, further solidifying its position as a premier luxury destination in Penang.

The TTG Awards, widely regarded as one of the most coveted accolades in the global travel and tourism industry, celebrates excellence and innovation in hospitality.

The George Penang’s win is a testament to its exceptional guest experience, heritage-rich design, and world-class service, setting it apart as the leading luxury hotel in Penang.

Mondi Mecja, Country General Manager of Ascott Malaysia, expressed pride in receiving the award: “This win is a reflection of our unwavering commitment to delivering unique and memorable experiences for our guests. The George Penang by The Crest Collection captures the essence of Penang’s rich history while offering modern luxuries, and we are deeply honored to be recognized by TTG for this achievement.”

Located in the heart of Penang’s UNESCO World Heritage-listed George Town, The George Penang by The Crest Collection is known for blending colonial charm with contemporary elegance. Its distinctive offering appeals to travelers seeking both a cultural immersion and a lavish retreat.

The hotel’s success can be attributed not only to its architectural beauty but also to its curated services that highlight Penang’s vibrant local culture.

From gourmet dining experiences inspired by Penang’s culinary scene to personalized itineraries that explore the island’s history, The George Penang continues to redefine luxury hospitality.

As one of the flagship properties under The Crest Collection, a selection of timeless, bespoke hotels by The Ascott Limited, The George Penang sets a new standard for luxury accommodations in Malaysia and the region.

This win comes on the heels of Ascott Malaysia’s broader success in elevating hospitality experiences nationwide, contributing to its growing reputation as a leader in the industry.

The TTG Awards 2024 gala saw the participation of industry leaders from across Asia-Pacific, making The George Penang’s win a key highlight of the night.

In Penang, the Ascott Group already has Ascott Gurney Penang, Citadines Prai Penang and Citadines Connect Georgetown Penang.  More Ascott brands are in pipeline, namely lyf Georgetown Penang, Citadines Tanjong Tokong, HARRIS Sunshine Penang in Ayer Itam and another new Oakwood branded hotel to name a few.

About The George Penang by The Crest Collection

The George Penang by The Crest Collection is a luxury heritage hotel nestled in the heart of George Town, Penang. As part of The Crest Collection by The Ascott Limited, it offers a unique blend of Penang’s rich history and modern sophistication, with a commitment to delivering world-class service and exceptional guest experiences.

About The Ascott Limited

The Ascott Limited (Ascott) is a Singapore company that has grown to be one of the leading international lodging owner-operators. Ascott’s portfolio spans over 200 cities across over 40 countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa, and the USA. 

Ascott has more than 89,000 operating units and about 64,000 units under development, making a total of more than 153,000 units in over 900 properties. 

The company’s serviced apartment, co-living and hotel brands include Ascott, The Crest Collection, Somerset, Oakwood, Quest, Citadines, lyf, The Unlimited Collection, Préférence, Vertu, Harris, Fox, Yello, and POP!.

Ascott’s loyalty programme, Ascott Star Rewards, offers exclusive benefits to its members when they book directly with Ascott for their stays at its participating properties. 

Ascott, a wholly owned subsidiary of CapitaLand Investment Limited, pioneered Asia Pacific’s first international class serviced apartment with the opening of The Ascott Singapore in 1984. Today, the company boasts over 30 years of industry track record and award-winning brands that enjoy recognition worldwide. 

For more information, please visit www.discoverasr.com.

About CapitaLand Investment Limited

Headquartered and listed in Singapore, CapitaLand Investment Limited (CLI) is a leading global real estate investment manager (REIM) with a strong Asia foothold.  As at 30 June 2022, CLI had about S$125 billion of real estate assets under management, and about S$86 billion of real estate funds under management (FUM) held via six listed real estate investment trusts and business trusts, and more than 20 private vehicles across Asia-Pacific, Europe and USA.  Its diversified real estate asset classes cover retail, office, lodging, business parks, industrial, logistics and data centres.

CLI aims to scale its FUM and fee-related earnings through fund management, lodging management and its full stack of operating capabilities, and maintain effective capital management.  As the investment management arm of CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand’s development arm.  

As a responsible company, CLI places sustainability at the core of what it does and has committed to achieve net zero emissions by 2050.  CLI contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.

Visit http://www.capitalandinvest.com for more information.