The company has 18 hotels in the pipeline in KSA, UAE, Qatar, Oman, Turkey, and Iraq
Dubai, United Arab Emirates (September 22, 2021) – Millennium Hotels & Resorts MEA, unveiled its hotel development pipeline at the Arabian & African Hospitality Investment Conference (AHIC) with 18 new hotels adding 5000+ keys in KSA, UAE, Qatar, Oman, Turkey, and Iraq.
In 2021, the company will open 4 new hotels including Millennium Place Mirdif and Studio M Al Barsha in the UAE, Grand Millennium Gizan in KSA and Grand Millennium Al Seef Basra in Iraq adding 1,000+ keys.
Millennium current portfolio includes various hotels in key gateway cities across the world tailored to meet the needs of the surrounding and source markets. The company operates 50 hotels in the Middle East under 12 brands catering for all segments and offering a unique guest experience in 17 cities across 9 countries with 17,000+ keys.
Hamid Sidine, COO of Millennium Hotels & Resorts, Middle East and Africa, has recently participated in “the new normal for profitability” session that was held as part of AHIC. He highlighted the continuous efforts of Millennium Hotels & Resorts MEA adapted to meet the new hospitality normal and to continue staging the guest experience while maintaining
a reasonable return to business partners.
AHIC, now in its 17th year, is the annual gathering for the Middle East’s hospitality investment community organised by global hotel investment event organiser Bench in partnership with the Middle East business intelligence brand, MEED. It creates a knowledge and networking platform for global and regional investors of all backgrounds, offering essential insights to investing in hotels, showcasing regional and international hospitality investment opportunities and facilitating direct connections with hospitality industry stakeholders.
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ABOUT MILLENNIUM & COPTHORNE HOTELS
Millennium & Copthorne Hotels (M&C) is a London-based global hotel company, which owns, manages and operates over 145 hotels across some 80 locations worldwide. Its properties are in key gateway cities such as London, New York, Los Angeles, Paris, Dubai, Doha, Beijing, Shanghai, Seoul, Singapore and Hong Kong. M&C is the hotel arm of Singapore-listed global real estate company City Developments Limited (CDL). M&C’s global brand – Millennium Hotels and Resorts (MHR) has four distinct hotel collections — Leng’s Collection, M Collection, Millennium Collection and Copthorne Collection — throughout Asia, Europe, the Middle East, New Zealand and the United States. Occupying the best locations around the world, MHR has the perfect address for business and leisure travellers. Listed on the London Stock Exchange in 1996, M&C was delisted on 11 October 2019 following a successful privatisation exercise launched by CDL.
Millennium Hotels & Resorts Middle East & Africa currently operates 50 hotels with 17,000+ keys in addition to 18 hotels in the pipeline across the region. From a single property in Abu Dhabi, Millennium Hotels & Resorts, Middle East & Africa has expanded into various neighbouring destinations and is now recognised as one of the fastest-growing regional hotel management companies in the Middle East & Africa. Along the way, the company has cultivated partnerships with reputable and respected owners.