Thursday 28 October 2021

Millennium expansion plan targets 18 hotels in region

DUBAI, September 22, 2021

Millennium Hotels & Resorts MEA has unveiled its hotel development pipeline at the Arabian & African Hospitality Investment Conference (AHIC) with plans for 18 new hotels adding 5,000+ keys in Saudi Arabia, UAE, Qatar, Oman, Turkey, and Iraq.
In 2021, the company will open four new hotels, including Millennium Place Mirdif and Studio M Al Barsha in the UAE, Grand Millennium Gizan in Saudi Arabia and Grand Millennium Al Seef Basra in Iraq adding 1,000+ keys.
Millennium's 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. - TradeArabia News Service


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