I-Bhd, a prominent property developer, has unveiled a strategic partnership with Wyndham Hotels & Resorts to manage the upscale property, Wyndham Suites KLCC, situated in the heart of Kuala Lumpur city center.
Wyndham Suites KLCC, an existing luxury condominium property, holds a gross development value (GDV) of RM820 million. This collaboration marks a significant milestone for I-Bhd, as it enhances the group’s brand reputation and global visibility. Chairman Tan Sri Lim Kim Hong stated, “We are thrilled to join hands with Wyndham Hotels & Resorts to transform Wyndham Suites KLCC. This will not only enhance the group’s overall brand reputation and visibility but also provide a powerful platform for our RM10 billion GDV project in i-City, Shah Alam, to gain greater international exposure.”
He emphasized the attraction of Wyndham Suites KLCC to a diverse global audience, including families, business travelers, and holidaymakers, leveraging the Wyndham Rewards loyalty program, which boasts over 103 million members worldwide.
Ooi Joon Aun, President of Wyndham Hotels & Resorts Asia-Pacific, expressed enthusiasm for this partnership, stating, “Malaysia continues to be a popular destination for business and leisure travelers. We are delighted to partner with I-Bhd for this esteemed project. This partnership will provide further growth opportunities for our portfolio of hotels by strengthening our flagship brand Wyndham’s presence in Malaysia.”
Notably, I-Bhd is recognized for its extensive 72-acre i-City development in Shah Alam, with a GDV of RM10 billion. The developer’s other significant project is the 50-storey 8 Kia Peng luxury development located in Kuala Lumpur city center, sharing a similar GDV of RM820 million.
Details regarding Wyndham Suites KLCC have not been disclosed by the developer, and it remains unconfirmed whether this property is synonymous with the 8 Kia Peng development.