City Development Targets 500 Properties in Global Expansion Plan
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City Development wants to triple in size, rising to 500 properties, mostly under the Millennium brand of hotels and resorts. Plus, more deals and development news.
City Development’s Executive Chairman Kwek Leng Beng wants the company to triple in size, rising to 500 properties around the globe. CDL currently has over 160 hotels in its portfolio. Its Millennium Hotels & Resorts unit operates over 145 hotels worldwide with 37,000 rooms in total. Over 60 are owned by the group through Millennium & Copthorne Hotels. CDL doesn’t seem to care about owned or not-owned hotels, with Beng saying they are not constrained by any ownership structure as long as they carry the MHR brand and meet their standards as part of their portfolio.
Marriott International’s Fairfield by Marriott brand announced the opening of the Fairfield by Marriott Jaipur Tonk Road, located in the city of Jaipur. The hotel is located just 6km from Jaipur International Airport. The property features 115 rooms, each offering views overlooking the vast cityscape of Jaipur. Vista 20 is their all-day dining restaurant, located on the 20
