Millennium & Copthorne to expand in Madinah

Millennium & Copthorne Hotels, Middle East and Africa has signed four new hotels in Madinah.

The properties include two Millennium hotels as well as a Studio M and Millennium Executive Apartments, the boutique budget and serviced apartment brands, respectively.

According to Hotelier Middle East, the new hotels will be part of Knowledge Economic City, a US $7 billion development in Saudi Arabia's second holy city.

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Slated to open by 2020, the four hotels will range in the size from 600 to 1,000 rooms per property. Knowledge Economic City will also feature an academy and campus, museum, wellness centre, retail, commercial offices, residential housing and a mosque housing 10,000 worshippers.

The Group’s presence in Madina will address the demand for internationally branded and long-stay options in the city, especially during the religious periods of Hajj and Umrah. In addition, the business and conference segments are expect to encounter growth in the coming years with the completion of Knowledge Economic City.

“The hospitality industry in the Holy City of Madina is witnessing remarkable growth due to a rise in religious tourism as well as the thriving economy,” Ali Hamad Lakhraim Alzaabi, president and CEO, Millennium & Copthorne EMEA, told the site. “There is currently an under-supply of branded hotels with international standards and we are confident that our expansion plans will help address this.” 

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Construction of the hotel on the site of the historic Equity Chambers building has commenced and the project is expected to open by Q2 2020.

Al Messila, A Luxury Collection Resort & Spa in Doha, has 152 rooms and suites.

Millenium purchased the property with its own resources as well as with a secured loans mortgage from Bilbao-based Kutxabank.