Millenium's Kingsgate brand expands

Landmark Real Estate Investment signed an agreement with Millennium and Copthorne Hotels (M&C) to operate their new three star hotel in Dubai Investment Park.

The deal has been arranged by PKF The Consulting House. The property will be operated under M&C's new mid-level "Kingsgate Hotels and Resorts" brand. The deal confirms Landmark's and Millenium's commitment to Dubai's expanding business hotel segment. Located coneviently for the Jebel Ali Free Zone, Jebel Ali Airport City, Media City, Internet City and Dubailand, the contemporary designed hotel will attract a wide mix of business, leisure and local guests.

Chris Purdon, CEO of Landmark Real Estate Investment states: "The project is designed to cater to business and leisure travellers in the three star category and harnesses an investment opportunity created by the gap in demand and supply for mid scale accommodation from visitors to Dubai. We are excited to work with a well reputed operating company who is entering this strategically important segment in partnership with us."

The AED 100 million project will boast 200 hotel rooms and 50 suites complemented by conference facilities, four food and beverage outlets including two themed restaurants as well as lounge and pool bars. The preliminary design works have been agreed and the hotel is anticipated to open in Q1 2009.

The hotel and apartments will be a conducive place for business travellers looking to break away from a milieu of small rooms in the branded mid scale hotels category. The upper guest floors overlook landscaped gardens and a pool area, whereas the ground floor is laid out with a selection of themed restaurants and bars and four food and beverage outlets include an all day dining coffee shop, a themed restaurant, a sports bar and a lounge.

The lounge and themed restaurant provide an amicable meeting and entertainment place for guests at the hotels and patrons of the growing Dubai Investment Park, JAFZA and JAAC. A selection of one, two and three bedroom suites provide a home away from home work setting for longer staying business travellers.

The range of leisure amenities like the swimming pool and the sports bar provide holidaymakers with a perfect base within convenient proximity to Dubai's shopping venues, the beach and the envisaged Dubailand project.

Holidaymakers travelling with families or as small groups benefit from the hotel apartments annexed to the hotel while having full use of hotel amenities.

Ali H. Lakhraim, President & CEO Millenium Hotels Middle East was very pleased to have completed the deal: "We consider this property exactly the right profile for the expansion of the Kingsgate brand. We look forward to expanding and deepening our relationship with Landmark Properties from here."

Sven P. Gade, Director and Head of Consulting of PKF-TCH added:

"We are very pleased to have brought together two partners in a mutually satisfactory and very smooth approach. This agreement can be the foundation for a deep future partnership."