Millennium Hotels and Resorts reveals plans to grow its Saudi Arabia footprint to 25 hotels by 2025
The Middle East’s fastest-growing hotel management company sets out ambitious strategy to establish a presence in every region kingdom-wide
Dubai, UAE - Millennium Hotels & Resorts MEA, the region's fastest-growing hotel management company, has revealed ambitious development plans for Saudi Arabia with a goal of operating 25 hotels kingdom-wide by 2025.
The group, which currently operates nine hotels across Riyadh, Makkah, Madinah and Hail and has seven hotels under development in Makkah, Madinah, Jeddah, Jizan and Tabouk, is targeting strategic locations in every region across the country as it maps out its blueprint for growth over the next five years.
"Most hotel chains target the primary cities of Riyadh, Jeddah, Madinah and Makkah for expansion, but having operated in Saudi Arabia for five years, we have identified opportunities beyond these markets, in line with Vision 2030 and the phenomenal growth of the country's tourism and hospitality industry," said Kevork Deldelian, who was recently promoted to Chief Executive Officer, Millennium Hotels and Resorts MEA.
"The recent introduction of tourist visas has sparked huge interest from travellers keen to explore this fascinating destination and we are committed to play a key role in meeting this demand by providing supply in high-growth potential locations that include secondary cities and new tourism hotspots."
He added: "Millennium Hotels and Resorts is one of the world's largest owner-operators and we believe our unique expertise will help hotel owners in Saudi Arabia maximise the value of their assets, create bespoke properties and deliver a modern guest experience."
With Saudisation a focal point of its talent acquisition and development plans, Millennium Hotels and Resorts MEA is also expanding its TooMooH programme, which trains and develops Saudi Nationals to become hospitality industry leaders of the future.
This is supported by a robust Human Resources strategy, with the company aiming to double its current number of employees in Saudi Arabia to fulfil its development ambitions for the kingdom over the next five years.
Millennium Hotels and Resorts has operated in the Middle East since 2002. Most recently, global benchmarking specialist STR ranked the brand number one out of 16 global hotel brands for both Middle East supply (with 11,186 rooms in operation) and pipeline (with 7,251 rooms under construction).
About Millennium & Copthorne Hotels
Millennium Hotels and Resorts (MHR) is the global brand of Millennium & Copthorne Hotels Limited (M&C), a global hotel company which owns, manages and operates over 150 hotels across some 80 locations worldwide throughout Asia, Europe, the Middle East, New Zealand and the United States. Its properties are in key gateway cities such as London, New York, Los Angeles, Paris, Dubai, Beijing, Shanghai, Seoul, Tokyo, Singapore and Hong Kong. Occupying the best locations around the world, MHR has the perfect address for business and leisure travellers. M&C is the hotel arm of Singapore listed global real estate company City Developments Limited and is a member of the Hong Leong Group.
Millennium Hotels & Resorts, Middle East & Africa currently operates over 50 hotels and 15,000 keys, in addition to 32 hotels in the development pipeline across the region. From a single property in Abu Dhabi, Millennium Hotels & Resorts, Middle East & Africa has expanded into various neighbouring destinations, cultivating partnerships with reputable owners, and is now recognized as one of the fastest growing hotel management companies in the region. For more information, please visit www.millenniumhotels.com.
Anne Bleeker
Managing Partner, In2 Consulting
+971 56 603 0886
Millennium
