Current Portfolio: 13,906 keys, 42 properties (MEA)
Millennium Hotels and Resorts owns, asset manages and operates over 130 hotels worldwide. With almost 40,000 rooms globally, the company is present in nearly all the continents with a portfolio of brands, which serve different market segments. Millennium Hotels & Resorts Middle East & Africa currently operates 42 hotels with nearly 14,000 keys in addition to ten hotels which are due to open in 2019, and 35 hotels in the pipeline across the region.
Current hotels in the region:
United Arab Emirates
Copthorne Airport Hotel Dubai
Millennium Hotel Doha
Millennium Plaza Doha
Copthorne Hotel Doha
Kingsgate Hotel Doha
M Hotel Makkah Al Aziziah
The Biltmore Hotel Tbilisi
Millennium Golden Horn Istanbul
Growth and key aspects:
- There are ten hotels due to open in 2019 in the Middle East region.
- With 35 hotels in development, the Group has one of the Middle East’s most significant pipelines in the region.
- Upcoming hotels include Grand Millennium Resort Tabouk, Grand Millennium Konya Hotel, Grand Millennium Jizan, Millennium Deyaar Montrose Apartments, Millennium Riyadh Olaya, Studio M Shaden Muscat, Studio M Al Barsha, Millennium Al Barsha, Millennium Place Barsha Heights and Copthorne Makkah Al Naseem.
- By the end of 2019, Millennium Hotels and Resorts will operate 52 hotels in the Middle East and Africa, growing from 28 properties in 2016.
- The Kingdom of Saudi Arabia is a key strategic focus for the Group with more than 20 hotels set to open within the next five years. The expansion will cover not only the Holy Cities of Makkah and Madinah, but will also extend across locations in the North, South and Western provinces, offering a variety of brands from the portfolio.
Did you know?
- The hotel’s portfolio is diverse; from 3-star to luxury properties, it includes dry and Sharia-compliant hotels, leisure resorts and business hotels all tailored to meet the needs of its surrounding and source markets.
- Millennium Place is the latest addition to the brand portfolio and is built based on a “Stay Happy” proposition, a commitment to delivering smiles through different touchpoints during guest stays.
- Millennium Hotels and Resorts signed an exclusive three-year global hotel partnership with Chelsea Football Club, enabling the Group to offer room packages linked to a range of football experiences.
Millennium Place Marina (newly opened)
The 4-star property features 453 rooms and suites.
Millennium Makkah Al Naseem (newly opened)
The 5-star property features 831 rooms and suites.
Millennium Place Barsha Heights (coming soon)
The 4-star property will have 915 rooms, suites and serviced apartments.
Studio M Al Barsha (coming soon)
The second Studio M property in the UAE is expected to open in Q4 this year. The hotel will have 155 rooms.
In 2019, Millennium Hotels & Resorts introduced three new distinct brands to the Middle East & Africa region includes Millennium Place, Millennium Executive Apartment and Studio M.
From the Chief Operating Officer – industry trends:
- Middle East hospitality sector continues to mature from its existing provision of luxury and branded hotels to the need for more upscale and midscale developments reaching international standards to meet the demands of a broader spectrum of visitors.
- More lifestyle, midscale segment properties, and innovative accommodation solutions
- have begun entering the market catering to broader segments.
- Adventure, solo, and family travels are the categories which attract the most significant number of people into the region, but young travelers as a source of inbound business will continue to dominate.
- Since younger travelers are substantially technology savvy and demand more flexible pricing and trendy hotel concept, the mid scale sector will play an important role.
- Health and wellness are playing an increasingly more significant role today, where hospitality ought to amend its offering to adapt to the demand for sustainability and efficiency as early as the designing phase of a hotel.
- New independent culinary concepts are rising with unique offerings and experiences out of the traditional hotel offerings to meet the guests’ changing needs.
What are some of the key challenges facing the industry today?
- Technology is integral at every stage of the modern travellers’ journey and will continue. Thus, it’s vital for the industry to understand how travelers gather information and make decisions.
- Changes in guest expectations is one of the biggest challenges in the hotel industry, and this requires hotels to be able to adapt and respond faster to the continuously changing consumer demands and to remain closer to customers through more interactive marketing campaigns, harnessing the power of social media.
- The industry attracts young talent to join from hotel schools, tourism board initiatives, and other sources at an entry level, which secures base talent for future supply.
- However, with the tremendous growth in the industry, having an experienced professional talent pool at middle management level is vital to support the supply growth in a short spin.
UNITED ARAB EMIRATES: Hotels:15 Keys: 5385
SAUDI ARABIA: Hotels: 10 Keys: 4889
QATAR: Hotels: 4 Keys: 735
JORDAN: Hotels: 1 Keys: 177
KUWAIT: Hotels: 3 Keys: 705
OMAN: Hotels: 4 Keys: 1037
IRAQ: Hotels: 3 Keys: 466
GEORGIA: Hotels: 1 Keys: 214
PALESTINE: Hotel: 1 Keys: 171
TURKEY: Hotel: 1 Keys: 127
TOTAL 42 13,906