Friday, August 14, 2015
Jumeirah Group enters Malaysian market with two new properties
Jumeirah Group has signed an agreement with Oxley Malaysia to operate the new Jumeirah Kuala Lumpur Hotel and to brand the Jumeirah Living Kuala Lumpur residences. Construction is expected to start in 2016 and complete in 2021.
Both properties will be housed in the same tower located near the Petronas Twin Towers, Maxis Tower and Kuala Lumpur Convention Centre.
The 190-key hotel will occupy the upper floors of the tower with amenities including an all-day dining venue, a fine dining restaurant, a lounge and bar, spa, fitness club and swimming pool. The residences will take up the lower floors of the tower.
Jumeirah Group’s agreement with Oxley Malaysia marks the company’s entry into the Malaysian market. It currently operates 23 hotels across Europe, the Middle East and Asia, with another 25 in the pipeline. Of those projects, 11 of them are being developed in Indonesia, China and India.