Report On Kingwood Hotel Sibu
Prepared by Lau Tiew Yong
Part A – Introduction
History
Kingwood Hotel Sibu was formally established in April 1995. Its founder is Datuk Hii
Yii Peng and passed away in 2015 (Hotel, 2020). Kingwood Hotel Group become
Sarawak largest privately-owned and managed hotel chain which is located in Miri,
Kuching, Sibu, Mukah. Kingwood Hotel Sibu is the first four-star hotel in Sibu, and it
is also the only hotel in Sibu built next to the Rejang River (Sibu, 2020).
Core Business
The core business of Kingwood Hotel Sibu is to provide consumers with “affordable
high-quality services.” The rooms are elegantly furnished and equipped with modern
amenities providing comfort and convenience of a four-star hotel. It not only provides
accommodation services, but also has a large banquet hall that can accommodate
thousands of people. It is the first choice for large-scale events in Sibu (Sibu, 2020).
Vision
Kingwood Hotel Group’s vision is to become the king of hoteliers in Sarawak. In recent
years, ecological and cultural tourism has become a trend in Sarawak, and the state
government fully supports the development of tourism. Thus, Kingwood Hotel Group
seized this opportunity to pioneer its expansion in the hotel industry (Story, 2010).
Kingwood Hotel Sibu also completed a new expansion in 2010. Now it has a total of
420 rooms, which is the largest hotel in Sibu (Sibu, 2020).