Labuan: The new owners of the five-star Sheraton here - now called Grand Dorsett - are convinced of the island's potential in tourism.
The hotel is owned by the Hong Kong-based, Far East Consortium International Ltd (Fecil) and the Dorsett group recently owns and manages four hotels in Malaysia. Sheraton Labuan is the first five-star hotel under its portfolio.
Speaking at the launching of the Grand Dorsett, Fecil Malaysia representative, Eddie Tang said: "The owner Tan Sri David Chew who visited Labuan was convinced of a bright future in the region."
He said while the company would be investing some RM20 million beginning next year to upgrade various facilities and increase the number of food and beverage outlets "there are plans to further expand subject to approval from the local authority.
Presently the hotel has 178 guest rooms. Tang said that with the new investment made and with the rebranding exercise he was confident that the "property would be positioned as the preferred hotel for both the business and leisure travellers, and this would improve the room yield."
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