The Ascott Limited (Ascott), a wholly-owned lodging business unit of CapitaLand Investment Limited (CLI), will manage Ascott Gurney Penang, the state's first international-class serviced residence under Ascott's world-renowned luxury Ascott The Residence brand. Plenitude Berhad, a publicly traded corporation having investments in hospitality and property development, owns Ascott Gurney Penang.

"Ascott's flagship brand, Ascott The Residence, delivers exclusivity, personalized services, and perfect comfort to discriminating travelers around the world, and we are happy to present the first Ascott-branded hotel in Penang," said Mr. Mondi Mecja, Ascott's Country General Manager for Malaysia. 

Guests will find their home-away-from-home at Ascott Gurney Penang, which offers large and well-designed rooms as well as a variety of services and food and beverage options. The award of 'World's Leading Serviced Apartment Brand' by the renowned World Travel Awards 2021 to Ascott is a testament to our strong brand reputation and operational excellence. In one of Malaysia's most historically significant cities, we encourage travelers to experience our award-winning hospitality."

Ascott Gurney Penang is a business and leisure hotel located along a coastal promenade in the center of George Town, catering to both business and pleasure travelers as well as corporate long-stay clients. The Ascott Gurney Penang is a 37-story building with 271 modern apartments ranging from studios to one- and two-bedroom apartments. Each apartment has its living and dining areas, as well as a fully outfitted kitchen and a built-in washing and dryer.
An infinity pool, gym, yoga room, residents' lounge, children's playroom, children's playground, and dedicated outdoor grilling spaces are all available at Ascott Gurney Penang.

The property also has a fantastic selection of flexible and accommodating event and conference venues. The property's well-equipped conference rooms can accommodate up to 20 people for intimate meetings, while the ballroom with banquet service can accommodate up to 800 people for weddings or corporate gatherings.