said. However, tourism receipts are still below its aim of RM3.8 billion
(US$1.2 billion), so this will be a critical year to reach it, he
added.
“We need to look at high net worth tourists because (this segment) will give higher revenues with smaller numbers.
“We don’t want amusement parks in Langkawi…We are focusing on iconic projects, not mega developments,” he said.
In line with this, Langkawi’s hotel pipeline comprises several luxury
hotels, including St Regis and Ritz-Carlton, which will boost the
destination’s room supply from the current 9,000 to 15,000 by 2017.
In addition, a host of new tourism products are opening.
Property and leisure group Tradewinds Corp is also reportedly investing
some RM4 billion to develop Perdana Quay in Langkawi’s Pantai Kok-Teluk
Burau area on the northwest of the island. This will be the first
integrated leisure, retail, residential and commercial development on
the island, and it targets the luxury segment.
Their time in the sun - TTG Asia - Leader in Hotel, Airlines, Tourism and Travel Trade News
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