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Page 1 of 3 Millennium Hotels and Resorts signs two iconic hotels in Makkah Rapidly expanding the Group presence and Millennium Brands to the Holy City August, 2017 - Millennium Hotels and Resorts is continuing with its successful expansion strategy across Saudi Arabia by announcing the takeover of two landmark hotels in the Holy City of Makkah. Following the signing of a management agreement with Makkah Construction & Development Company, the Group will operate Makkah Millennium Hotel and Makkah Millennium Towers, under the global flagship of Millennium Hotels and Resorts, Middle East and Africa with the agreement coming into effect by 1 st September 2017. The move solidifies the Group’s position as one of the fastest growing operators in the Kingdom, ensuring it comfortably meets its target to open over 20 hotels in Saudi Arabia within the next four years. As the nearest hotels to Al Masjid Al Haram, with direct access to The Holy Kaaba, the properties occupy a premium location in Makkah, providing an ideal base for pilgrim travellers. The 614 key Makkah Millennium Hotel is scheduled to go under extensive renovation with the plan to convert the hotel into a unique luxury property part of The Biltmore Collection set to provide the highest level of guest experience to pilgrim travellers. Meanwhile, the 802 key Makkah Millennium Towers adjacent to Makkah Millennium Hotel will deliver the high service standards expected from Millennium Collection. With iconic architecture and traditionally-inspired Arabian décor combined, both hotels create a contemporary celebration of Arabic hospitality, and will offer world-class amenities, including a range of restaurants, meeting spaces, prayer halls and fitness facilities, and will address the rapidly growing demand in the Holy City. Mr. Ali Hamad Lakhraim Alzaabi, President and CEO, Millennium Hotels and Resorts MEA stated; “We are honoured to enter into an agreement with Makkah Construction & Development Company, one of the Kingdom’s most renowned real estate developers to operate these landmark hotels. Religious tourism is expected to rise even further in the Holy City, and with significant government investment into infrastructure there are plenty of opportunities to support this development by offering an array of excellent accommodation options for visitors.

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Page 1: Millennium Hotels and Resorts signs two iconic hotels in ... · ensuring it comfortably meets its target to open over 20 hotels in Saudi Arabia within the ... The group offers over

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MillenniumHotelsandResortssignstwoiconichotelsinMakkah

RapidlyexpandingtheGrouppresenceandMillenniumBrandstotheHolyCity

August,2017 -MillenniumHotelsandResorts iscontinuingwith itssuccessfulexpansionstrategyacrossSaudiArabiabyannouncingthetakeoveroftwolandmarkhotelsintheHolyCityofMakkah.FollowingthesigningofamanagementagreementwithMakkahConstruction&DevelopmentCompany,theGroupwilloperateMakkahMillenniumHotelandMakkahMillenniumTowers,undertheglobalflagshipofMillenniumHotelsandResorts,MiddleEastandAfricawiththeagreementcomingintoeffectby1stSeptember2017.ThemovesolidifiestheGroup’spositionasoneofthefastestgrowingoperatorsintheKingdom,ensuringitcomfortablymeetsitstargettoopenover20hotelsinSaudiArabiawithinthenextfouryears.AsthenearesthotelstoAlMasjidAlHaram,withdirectaccesstoTheHolyKaaba,thepropertiesoccupyapremiumlocationinMakkah, providing an ideal base for pilgrim travellers. The 614 key Makkah Millennium Hotel is scheduled to go underextensiverenovationwiththeplantoconvertthehotelintoauniqueluxurypropertypartofTheBiltmoreCollectionsettoprovidethehighestlevelofguestexperiencetopilgrimtravellers.Meanwhile,the802keyMakkahMillenniumTowersadjacentto Makkah Millennium Hotel will deliver the high service standards expected from Millennium Collection. With iconicarchitecture and traditionally-inspired Arabian décor combined, both hotels create a contemporary celebration of Arabichospitality, andwill offerworld-class amenities, includinga rangeof restaurants,meeting spaces, prayerhalls and fitnessfacilities,andwilladdresstherapidlygrowingdemandintheHolyCity.Mr.AliHamadLakhraimAlzaabi,PresidentandCEO,MillenniumHotelsandResortsMEAstated;“Wearehonouredtoenterinto an agreementwithMakkahConstruction&Development Company, one of theKingdom’smost renowned real estatedevelopers tooperate these landmarkhotels.Religious tourism isexpected to riseeven further in theHolyCity, andwithsignificant government investment into infrastructure there are plenty of opportunities to support this development byofferinganarrayofexcellentaccommodationoptionsforvisitors.

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OurGrouppossessestheresourcesandknowledgetooperatetheseprestigiousproperties,ensuringweconsistentlydeliverthehigheststandardsthankstoourglobalexpertisecombinedwithadeepunderstandingoftheregion.WelookforwardtobeginningthislongtermandfruitfulrelationshipwithMakkahConstruction&DevelopmentCompany.”H.E.SheikhAbdulRahmanA.Fakieh,ChairmanofMakkahConstructionandDevelopmentCompanynoted;“WearedelightedtoenterintothispartnershipandlookforwardtoworkingcloselywithglobalhospitalityleaderMillenniumHotels&Resorts.Weareconfidentthattheywilldeliverexceptionaloperationalandservicestandardsandtheirconsiderableexpertisewillenabletheseuniquepropertiestoachievetheirfullpotential,ensuringamutuallybeneficialcollaborationformanyyearstocome.”

MillenniumHotels&ResortscurrentlyoperatesfivepropertiesintheKingdom,withanadditional21upcomingpropertiesinthepipeline.TheGroup’snextopeningsforthecountryincludeMillenniumMadinaAirport,MillenniumMakkahAlNaseemandCopthorneMakkahAlNaseem.

Forfurtherinformationandhotelreservations,visitwww.millenniumhotels.com.

-ENDS-MediaEnquiriesHue&Cry:LucyFotheringhamandLucyBrennanE:[email protected]:+44(0)2038295690AboutMillennium&CopthorneHotelsPlcMillennium&CopthorneHotelsplc(LSE:MLC),listedontheLondonStockExchangesince1996,isaglobalhotelcompany,whichowns,assetmanagesand/oroperatesaworldwideportfolioofover125hotelsacrosseightdistinctglobalbrands–GrandMillennium,Millennium,GrandCopthorne,Copthorne,MHotel,MSocial,StudioMandKingsgate– throughoutAsiaPacific,Europe,MiddleEast,andNorthAmerica.MillenniumHotelsandResorts(MHR)wasestablishedasaglobalbrandbyMillennium&CopthorneHotelsplctoprovideacommonmarketingandoperatingplatformacrossitsportfolio.Foundedonthephilosophyofgenuinehospitality,thisdynamichospitalitygrouphasanoutstandingreputationforexcellence,takingprideinexceedingtheneedsofitsbusinessandleisuretravellers. The strategic localities of its properties in key gateways cities such as London, Paris, Dubai, Abu Dhabi, Doha,Singapore,Beijing,Shanghai,Seoul,Taipei,HongKong,KualaLumpur,andBangkokmakesMHRtheperfectaddresstoconductyourbusinessorindulgeyourselfwhileonholiday.AboutMillenniumHotelsandResortsMillenniumHotelsandResortsisaglobalhotelgroupthatoffersauniquerangeofpropertiesaroundtheworld.Foundedonthe philosophy of genuine hospitality, the group takes pride inmeeting and exceeding the needs of business and leisuretravellers.Ourhotelsarenevercookie-cutter,butalwaysfresh,surprisingandtailoredtotheirlocation.

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Thegroupoffersover100fourandfivestarproperties,ingatewaycitiesacrossAsia,Europe,MiddleEast,NewZealandandNorthAmerica.MillenniumHotels andResorts consists of eight brands:GrandMillennium,Millennium,GrandCopthorne,Copthorne,Kingsgate,MHotel,MSocialandStudioM.IntheUKandEurope,thereare24well-appointedhotels,situatedinprimelocationsacrossLondon,theNorthandSouthofEngland,Scotland,Wales,FranceandItaly.Allhotelsoffersuperbaccommodation,directtransportlinksandahighqualityofservice.From a single property in Abu Dhabi, Millennium Hotels & Resorts, Middle East & Africa has expanded into variousneighbouringdestinationsandisnowrecognisedasoneofthefastestgrowingregionalhotelmanagementcompaniesintheMiddle East & Africa. Along the way, the company has cultivated partnerships with reputable and respected owners.MillenniumHotels&Resortscurrentlyoperates30hotels,has12hotelsduetoopenwithinthenextyearand40hotelsinthepipelineacrosstheregion.FormoreinformationaboutMillenniumHotelsandResortsvisitwww.milleniumhotels.com