Reinforcing its portfolio in the Kingdom’s US$894 million hotel industry, the company’s expansion plan is set to create thousands of new jobs in the Kingdom
Millennium Hotels & Resorts MEA, one of the fastest-growing regional hotel management companies in the Middle East & Africa, is driving the growth of the Saudi hospitality sector with its ambitious plan to open new hotels across the kingdom to add to its growing portfolio.
In its first phase, the plan includes the opening of 6 new hotels in Makkah, Madina, Tabouk, Jizan and Baha in addition to recently opened Millennium and Copthorne Makkah Al Naseem hotels. The move reinforces the Millennium Hotels and Resorts portfolio and position in the Kingdom’s hotel industry. The expansion will initially create over 6000 new jobs in the KSA’s hospitality industry across various functions.
In line with the Saudi Vision 2030, which focuses on diversification of the economy, Millennium Hotels and Resorts foresee massive growth in the travel, tourism and hotel sector of Saudi Arabia. Industry outlook records extensive visitor growth for the three key tourist demand pools: leisure, pilgrim and corporate visitors and thus accelerating the hotel requirements across the Kingdom.
Kevork Deldelian, Chief Operating Officer of Millennium Hotels and Resorts Middle East and Africa, revealed: “We are fully committed to strategic expansion in Saudi Arabia, extending our reach across the entire Kingdom, with new hotels planned to open in various locations in the next two years. New properties are set to become key landmarks in different cities of the KSA.”
“Millennium brand is deeply rooted in the Middle East and boast of a better understanding of the local culture and heritage. Millennium brand portfolio includes dry and Sharia-compliant hotels, leisure resorts and business hotels, each tailored to meet the needs of its surrounding and source markets such as Saudi Arabia”, he said.
To further strengthen its position in the Saudi market, Millennium Hotels and Resorts MEA introduced TooMooH program earlier this year. The program aims at increasing GCC citizens’ employment in the hospitality industry. TooMooH works on boosting local talent in the hospitality industry of the KSA, Oman, Kuwait and the UAE. The program has been successful at attracting national talents, enabling participants to be a driving force in the region’s sustainable economic development.