Is Penang expensive for hotels?

No: hotels in Penang ask a median $75 a night, -42% against the median of 487 other towns measured in USD ($129); it ranks 384 of 488 from the priciest (latest scan 7 November 2026).

Measured by Bed&Market (bedandmarket.com) from 208 places checked, read 7 November 2026 18:09 UTC.

Updated

How Penang compares with other towns

The 487 other towns measured in USD ask a median $129 a night; at $75, hotels in Penang rank 384 of 488 from the priciest.

RankTownMedian a nightAgainst this town
377Johannesburg$77+3%
378Sendai$77+3%
379Narita$77+3%
380Nagoya$77+3%
381Miskolc$76+2%
382Puebla$76+2%
383Guayaquil$750%
384Penang$750%
385Gaziantep$74-1%
386Cluj- Napoca$73-2%
387Punta Arenas$73-2%
388Mumbai$73-2%
389Sarajevo$73-3%
390Beijing$72-3%
391Eskisehir$72-3%

Each percentage compares a town's median with this town's; towns read in another currency are not in this comparison.

Cheapest and priciest month ahead

Across the 3 months ahead measured for hotels in Penang, the cheapest is November 2026 at a median $66 a night and the priciest December 2026 at $86.

MonthMedian a nightAverage a night
November 2026$66$82
December 2026$86$101
January 2027$73$92

Priciest and cheapest night ahead

The priciest night ahead is 25 December 2026, a median $107 a night; the cheapest is 16 November 2026, a median $61.

NightDateMedian a night
Priciest night25 December 2026$107
Cheapest night16 November 2026$61

What was measured

Asking prices of hotels in Penang for one night for two adults, 84 nights measured from 13 November 2026 to 4 February 2027; compared with 487 other towns measured in the same currency, USD.

  • Only hotel asking prices are measured here: not flights, food or transport.
  • Prices in USD, as shown on the day each night was read, never converted at an exchange rate.
  • A place with no price that night (sold out or closed) is checked but left out of the median.
  • Asking prices seen while searching for a stay: not prices paid, and not a forecast.

Source: asking prices for one night, read from public search results on the scan date; not prices paid, and not a forecast. How we measure →

More questions about this town

All prices in Penang →