UK's Millennium Hotels continues North American investment

In February, Millennium Hotels & Resorts said it would continue to invest heavily in its North American portfolio of 14 hotels, as part of its commitment to ensuring its properties were at the top of their game in their respective markets. To date, the London-based company's capital investment in upgrades and renovations, which began in 2012, totals over $200 million, with more hotels slated to go under construction later this year, including in Boston and Buffalo.

Millennium's global portfolio stands at 110 hotels, and the company not only manages but owns every one of its properties.

Four Millennium properties already have wrapped up major overhauls. The One UN New York (formerly the Millennium UN Plaza Hotel) debuted its new $30 million, 154-room West Tower in 2012. Besides a new lobby, a new private Skyline Club on the tower's 30th floor has its own concierge services, all-day refreshments, evening cocktails and hors d'oeuvres.

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.

This month the 248-room Lakefront Anchorage, formerly known as the Millennium Alaskan Hotel Anchorage, wrapped up an $8.3 million renovation, which included an overhaul of its guests rooms, lobby and meeting space. The hotel is the only lakeside property in Alaska's capital.

Currently undergoing a makeover is the 683-room Millennium Biltmore Los Angeles. When unveiled, its updated guestrooms will have a gray palette on top of its 1920s Italian Renaissance architecture. The hotel's four ballrooms and meeting space, which total 70,000 square feet, also are being refreshed.