Millennium & Copthorne sets sights on Africa
|
|
Millennium & Copthorne sets sights on Africa
|
Category: Africa Indian Ocean - Industry economy
- Hotel projects
This is a press release selected by our editorial committee and published online for free on 2011-09-28
Hotel group’s MENA division expands to incorporate Middle East and all Africa
Millennium & Copthorne Middle East and North Africa has today announced a corporate restructure which will see the group’s regional headquarter in Abu Dhabi widening its focus to encompass all Africa.
The organisation, one of the world’s largest hotel companies with more than 120 owned and managed hotels across 20 countries, has identified particular opportunities for its portfolio of brands in South Africa, as well as other key markets across the continent.
Ali Hamad Lakhraim Alzaabi, President and Chief Executive Officer of Millennium & Copthorne Middle East and Africa, said:
“We see tremendous opportunity in Africa. There are many key markets underserved by quality hotels offering international standards and value in every class to guests, as well as solid returns to owners. There is also significant bilateral trade between the Middle East and many African countries. We look forward to spearheading the group’s foray into this continent. We already have a few agreements on the table and look forward to announcing our first African properties soon.”
Millennium & Copthorne Middle East and Africa is projecting tremendous growth with 40 signed agreements in the pipeline, and a growing portfolio of brands that resonate with the markets in which it operates. These brands include Grand Millennium, Millennium, Copthorne, Kingsgate and the recently launched exclusive destination brand Biltmore.
About Millennium & Copthorne
Millennium & Copthorne Hotels plc is one of the world’s largest hotel companies with more than 120 owned and managed hotels across Asia Pacific, Europe, North America, and the Middle East and North Africa. The group has a portfolio of brands which serve different market segments, representing quality and value in every class. In the Middle East and Africa, Millennium & Copthorne operates 10 hotels, increasing to 52 hotels over the next 5 years. With the motto “you are the centre of our world”, Millennium & Copthorne is committed to a customer-centric philosophy while ensuring returns for investors and owners.
|
|
