Millennium Hotels and Resorts partners with Hasaad Real Estate to operate Millennium Central Jeddah in the Kingdom of Saudi Arabia

Riyadh, Saudi Arabia - Millennium Hotels & Resorts Middle East, the region's fastest-growing hotel management company, announced the signing of its first Millennium Central property in the Kingdom of Saudi Arabia in partnership with Hasaad Real Estate, on stage at the Saudi Arabia Hospitality Investment Conference (SHIC), held in Riyadh from 21-22 January, 2020.

Following the opening of the first Millennium Central hotel in Downtown Dubai just six months ago, Millennium Central Jeddah will mark the brand's debut in the Kingdom of Saudi Arabia and is the fourth hotel in the Millennium Central brand portfolio.

A four-star hotel with 210 rooms and suites spread across two towers, the Millennium Central Jeddah will feature three food & beverage outlets, a swimming pool, a health club, three meeting rooms and an event hall with outdoor area.

Commenting on the signing, Kevork Deldelian, who was recently promoted to Chief Executive Officer, Millennium Hotels and Resorts MEA, said: "The signing of the Millennium Central Jeddah represents our ongoing commitment to development in the Kingdom of Saudi Arabia, a market we have been operating in for five years."

"I'm proud to add the Millennium Central Jeddah to our Saudi Arabian portfolio, which comprises eight hotels in operation across Makkah, Madinah and Hail."

Millennium Central is the group's urban four-star brand in central urban locations featuring contemporary design fused with local influences including signature art in each of the properties.

In December, Millennium Hotels & Resorts MEA revealed its ambitious development plans for Saudi Arabia with a goal of operating 25 hotels kingdom-wide by 2025.

The group is targeting strategic locations in every region across the country as it maps out its blueprint for growth over the next five years.

About AHIC 2021

AHIC, now in its 17^th year, is the annual gathering for the Middle East's hospitality investment community organised by global hotel investment event organiser Bench in partnership with Middle East business intelligence brand, MEED. AHIC 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. AHIC 2021 will be held at Madinat Jumeirah in Dubai from 20 to 22 September under the patronage of His Highness Sheikh Ahmed bin Saeed al Maktoum, Chairman of Dubai Airports, President of Dubai Civil Aviation Authority and Chairman and CEO of Emirates Airline and Group, whose continued support of the industry and AHIC has been critical to the region's tourism growth.

AHIC 2021 Sponsors

Sponsors include: Jumeirah Hotels & Resorts as Host Sponsor; Accor, Dur Hospitality, Hilton and SMIT as Platinum Sponsors; Emaar Hospitality Group, IHG, Marriott International, Millennium Hotels and Resorts, NEOM, Radisson Hotel Group, Rotana and Taiba Investments as Emerald Sponsors; Aleph Hospitality, Bespoke Modular Solutions, Colliers International, Compass Project Consulting, Farnek, HVS, The Indian Hotels Company, Insignia, IT Hospitality Group, Katch, Louvre Hotels Group, OBMI Architecture, SSH, STR, TIME Hotels, Toggle Hospitality and The London Project as Gold Sponsors; Al Tamimi and Company, Colliers Project Leaders, Deutsche Hospitality, Diriyah Gate Authority, Hotstats, JLL, MMAC Design, CHIC-NAIA, PWC, Ròya, Shangri-La Group, The Red Sea Development Company, and Voltere by Egis as Silver Sponsors; The Emirates Academy of Hospitality Management, Hospitality Asset Managers Association, Sustainability Hospitality Alliance and WiH Global as Supporters; JA Resorts and Hotels as Golf Supporter; and Nespresso as Official Coffee Partner.

Anne Bleeker
In2 Consulting FZE
+971 56 6030886
MEED