Palm Garden Hotel: View of the courtyard in Palm Garden Hotel. KUALA LUMPUR, May 20 (Bernama) -- IOI Properties Group Berhad (IOIPG) has entered into agreements with Marriott International, Inc. (Marriott International) to manage its signature hotels, namely Putrajaya Marriott Hotel and Palm Garden Hotel. The Putrajaya Marriott Hotel will be converted from its existing franchise arrangement to a managed contract under the Premium brand, whilst the Palm Garden Hotel will be converted to the management of Marriott International under the Tribute Portfolio brand.
The Putrajaya Marriott Hotel, boasts of a grand Mediterranean-Moorish architecture and this 5-star property stands majestically on a 6.5-acre land amidst lush greenery and tranquil surroundings.
Enjoying the Tribute Portfolio status is the 4-star, 151-room Palm Garden Hotel that will come under the Marriott Bonvoy portfolio at the end of 2021. The hotel is nestled in the 788-acre of scenic greenery of IOI Resort City that includes the breathtaking 18-hole Palm Garden golf course and IOI City Mall, one of the largest shopping malls in Malaysia.
“We are thrilled to sign the agreement with IOI Properties Group to introduce the Tribute Portfolio brand to the administrative city of Putrajaya,” said Rivero Delgado, Area Vice President - Singapore, Malaysia, Maldives, Marriott International. “This signing marks our commitment to expand our diverse Marriott Bonvoy portfolio across Malaysia where we currently offer a breadth of brands providing guests endless experiences.”
IOIPG Executive Vice Chairman Lee Yeow Seng said the hospitality and leisure segment of the Group leverages on its stable of world-class brand hotels in providing excellent customer experience, augmented by distinctive IOIPG-brand offerings that always prioritise the needs of its customers.
“This is in line with our business strategy of delivering excellence, creating value for stakeholders, and developing sustainable communities. Marriott International has a reputation for excellent service and quality. Their commitment to diversity and inclusion creates opportunities for local communities to thrive, fostering a positive sense of wellbeing in the society, which reflects the corporate culture of IOIPG,” he said after the signing ceremony between IOIPG and Marriott International.
Currently, Marriott International manages Le Méridien Putrajaya in IOI Resort City, and Four Points by Sheraton Puchong, both of which are part of the hotel portfolio of IOIPG. It will also be managing both the upcoming Moxy Putrajaya in IOI Resort City, and the Sheraton Grand within the IOI Palm City mixed development in Xiamen, China.
Lee Yeow Seng also added, “We are constantly finding alternatives to increase revenue and consolidating our hotel operations is an effective way. This will lead to better cost optimisation and improved operational efficiency, resulting in value creation for stakeholders and sustained profits for shareholders. It will unlock the potential value of our property and hotel assets. The strong brand positioning and presence of Marriott International, together with its values of pursuing excellence and embracing change will take the hospitality segment of IOIPG to the next level, as the hospitality and leisure industry in Malaysia recovers post COVID-19.”
Source: IOI Properties Group Berhad FOR MORE INFORMATION, PLEASE CONTACT:Name: Kristine Ng General Manager, Group Corporate Communication & SustainabilityIOI Properties Group Berhad Tel: 019-354 0431 Email: kristine.ng@ioigroup.com Name: Belinda LiewCorporate Communication Senior ManagerIOI Properties Group Berhad Tel: 017-563 2572 Email: belinda.liew@ioigroup.com --BERNAMA
