Millennium Hotels & Resorts has revealed development plans for Saudi Arabia with a goal of operating 25 hotels kingdom-wide by 2025.
The group, which currently operates nine hotels across Riyadh, Makkah, Madinah and Hail and has seven hotels under development in Makkah, Madinah, Jeddah, Jizan and Tabouk, is targeting every region across the country as it maps out its blueprint for growth over the next five years.
Millennium Hotels and Resorts has operated in the Middle East since 2002. Most recently, global benchmarking specialist STR ranked the brand number one out of 16 global hotel brands for both Middle East supply (with 11,186 rooms in operation) and pipeline (with 7,251 rooms under construction).
“Opportunities beyond these markets”
Kevork Deldelian, who was recently promoted to chief executive officer at Millennium Hotels and Resorts MEA, said: “Most hotel chains target the primary cities of Riyadh, Jeddah, Madinah and Makkah for expansion, but having operated in Saudi Arabia for five years, we have identified opportunities beyond these markets, in line with Vision 2030 and the phenomenal growth of the country’s tourism and hospitality industry.
“The recent introduction of tourist visas has sparked huge interest from travellers keen to explore this fascinating destination and we are committed to playing a key role in meeting this demand by providing supply in high-growth potential locations that include secondary cities and new tourism hotspots.”