KUALA LUMPUR (May 19): IOI Properties Group Bhd 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, while the Palm Garden Hotel will be converted to the management of Marriott International under the Tribute Portfolio brand.
The ceremony was attended by Marriott International Asia Pacific (excluding Greater China) president Rajeev Menon, IOI Properties executive vice chairman Lee Yeow Seng, Marriott International Asia pacific vice president and assistant general counsel Karen Eu, Marriott International area market vice-president of Singapore, Malaysia and the Maldives Rivero Delgado and Marriott International Asia pacific senior director of hotel development Andree Susilo.
Lee said in a press statement today the hospitality and leisure segment of the group leverages its stable of world-class brand hotels in providing excellent customer experience, augmented by the distinctive company’s brand offerings that always prioritise the needs of 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 the company,” he added.
“We are thrilled to sign the agreement with IOI Properties to introduce the Tribute Portfolio brand to the administrative city of Putrajaya. This marks our commitment to expand our diverse Marriott Bonvoy portfolio across Malaysia where we currently offer a breadth of brands providing guests endless experiences,” said Delgado.
Sitting on 6.5 acres of land, the five-star Putrajaya Marriott Hotel boasts a grand Mediterranean-Moorish architecture and comprises 380 guest rooms, 73 executive rooms and 35 exclusive suites.
Enjoying the Tribute Portfolio status is the four-star Palm Garden Hotel with unique design characteristics that will come under the Marriott Bonvoy portfolio at end-2021. Nestled in 788 acres of scenic greenery within IOI Resort City, the hotel offers 151 spacious rooms and a central courtyard that is home to a lush palm garden.
There will also be a signature Thai restaurant, an alfresco bar, two large swimming pools, a recreation centre with obstacle courses and various team building facilities, as well as 11 multifunctional event spaces, which include a ballroom measuring over 6,000 sq ft.
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 the upcoming Moxy Putrajaya in IOI Resort City and the Sheraton Grand within the IOI Palm City mixed development in Xiamen, China.
Lee said the group is constantly finding alternatives to increase revenue and consolidating their 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.