Press Release: IOI Properties Group Inks Agreements with Marriott International to Manage Putrajaya Marriott Hotel and Palm Garden Hotel in IOI Resort City, Putrajaya
IOI Properties Group Berhad (IOIPG) has entered into agreements with Marriott International, Inc. (Marriott International) to manage two of its signature hotels in IOI Resort City, Putrajaya, 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. It has 380 guest rooms, 73 executive rooms, and 35 exclusive suites. For more info, visit https://www.ioiproperties.com.my/ioi-resort-city-putrajaya/putrajaya-marriott-hotel
Enjoying the Tribute Portfolio status is the 4-star Palm Garden Hotel with unique design characteristics that will come under the Marriott Bonvoy portfolio at the end of 2021. Nestled in the 788-acre of scenic greenery within the IOI Resort City development that includes the breathtaking 18-hole Palm Garden golf course and IOI City Mall, one of the largest shopping malls in Malaysia, the hotel offers 151 spacious rooms and a central courtyard that is home to a lush palm garden. The hotel features a signature Thai restaurant and an alfresco bar that is ideal for guests to enjoy a social evening outdoors. The hotel also houses two large swimming pools and a recreation center with obstacle courses and various teambuilding facilities; and features 11 multifunctional event spaces including a ballroom measuring over 6,000 sq ft. Tribute Portfolio is a growing global family of independent characterful hotels, drawn together by their passion for captivating design and their drive to create vibrant social scenes for guests and locals alike. For more info, visit https://www.ioiproperties.com.my/ioi-resort-city-putrajaya/palm-garden-hotel
“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. Our strong partnership with Marriott International since 2002 with the opening of Putrajaya Marriott Hotel augurs well for our stakeholders. 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 also reflects the corporate culture of IOI Properties Group,” 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.
“We are excited to build on our relationship with IOI Properties Group and further expand our portfolio in Malaysia,” said Paul Foskey, Chief Development Officer, Asia Pacific, Marriott International.
Mr 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.”
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