Global hotel company Jumeirah is eyeing Thailand after announcing Kuala Lumpur is set to see more branded residences after the signing of management agreements with Oxley Malaysia to operate a 190-room luxury Jumeirah hotel and to brand 273 premium residences in the heart of the Malaysian capital.
Jumeirah Kuala Lumpur hotel and Jumeirah Living Kuala Lumpur residences will be set within one of the three towers which make up a landmark mixed-use development that is set to transform the skyline of Kuala Lumpur.
The three towers, connected via a retail podium, will be located in the middle of the Kuala Lumpur City Centre precinct within easy reach of the Petronas Twin Towers, Maxis Tower and the Kuala Lumpur Convention Centre. Construction of the development, which will cover an area of more than 12,500 sqm. Completion is expected in 2021.
Jumeirah Living Kuala Lumpur residences will be located on the lower floors of the tower, and Jumeirah Kuala Lumpur hotel will occupy the upper floors offering spectacular views across the city.
Ching Chiat Kwong, Chairman and Chief Executive Officer of Oxley, said: “We are pleased to announce we have taken a step forward with the milestone agreement with Jumeirah Group to build a hotel and residences in Kuala Lumpur.
“This partnership with Jumeirah Group further enlarges and reiterates our presence in the Malaysian market. We are excited, delighted and proud to be Jumeirah’s first business partner in Malaysia to introduce the Jumeirah experience, an epitome of luxury, to guests staying in our hotel.”
Speaking at the signing of the agreements, Gerald Lawless, President and Group Chief Executive Officer of Jumeirah Group, said: “Our agreement with Oxley Malaysia paves the way for Jumeirah’s entry into the important Malaysian market.
“This highly prestigious development further reinforces the reputation of the Jumeirah brand and will greatly appeal to our loyal customers who stay with Jumeirah in our properties across Europe, the Middle East and Asia.
“We are proud to have been chosen as a partner and look forward to the launch of a new expression of outstanding luxury in the Malaysian capital.”
Jumeirah Group’s entry into the Malaysian market is a significant milestone for the company as it continues its ambitious expansion plans.
The Group currently operates 23 hotels in Europe, the Middle East and Asia and has a further 25 Jumeirah and Venu properties in the pipeline.
In a press statement the Group said it is in negotiations for further properties across the region, including in Thailand, Cambodia and Singapore.