Millennium Hotels and Resorts partners with Hasaad Real Estate to operate Millennium Central Jeddah in the Kingdom of Saudi Arabia
The deal was signed at the Saudi Arabia Hospitality Investment Conference (SHIC) in Riyadh and marks the debut of the Millennium Central brand in KSA
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.
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.
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About AHIC 2020
AHIC, now in its 16th year, is the annual gathering for the Middle East's hospitality investment community organised by global hotel investment event organiser Bench Events 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 2020 will be held at Madinat Jumeirah in Dubai from 14 April to 16 April and hosted by its founding patron, 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 2020 Sponsors
Sponsors include: Jumeirah Group as Host Sponsor; Accor, Al Hokair Group, Marjan, and Dur Hospitality as Platinum Sponsors; Emaar Hospitality Group, Millennium Hotels and Resorts and Marriott International as Emerald Sponsors; and Alkamal International, febc, Insignia, JA Resorts & Hotels, Knight Frank, Louvre Hotels Group, Melia Hotels International, Shaza Hotels, SSH, and STR as Gold Sponsors. Al Tamimi and Company, and MMAC Design Associates are the Silver Sponsors, while The Emirates Academy of Hospitality Management is a Supporting Partner.
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