Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today
announced it has signed an agreement with IOI Properties Group to manage
two hotels – Four Points by Sheraton Puchong and Le Méridien Putrajaya,
slated to open in the fall of 2014 and 2015, respectively. These two
new hotels will add 599 rooms to Starwood’s robust portfolio in the
country and reflect Starwood’s desire to expand into the fast growing
districts of Malaysia. Puchong and Putrajaya are part of the Klang
Valley area, which includes Kuala Lumpur and its suburbs and adjoining
cities and towns in the state of Selangor.
“We are delighted to announce the signings of Four Points by Sheraton
and Le Méridien in the Klang Valley, underscoring our expansion plans
in Malaysia, one of the world’s most dynamic destinations,” said Chuck
Abbott, Regional Vice President, Southeast Asia, Starwood Hotels &
Resorts. “We look forward to further strengthening our footprint in the
country as we welcome these two hotels into our portfolio.”
“IOI Properties is happy to partner Starwood Hotels and Resorts to
expand the Four Points by Sheraton and Le Méridien brands in the Klang
Valley,” said Lee Yeow Seng, Chief Executive Officer, IOI Properties
Group Berhad. “The hotels will be considered landmark developments
within the two townships and contribute positively towards their growth
and our portfolio.”
“Malaysia’s strong economic growth and healthy tourism arrivals
present us with a very exciting growth opportunity,” said Matthew Fry,
Senior Vice President, Acquisition & Development, Asia Pacific,
Starwood Hotels & Resorts. “Starwood’s development in the fast
growing districts of Puchong and Putrajaya will enable us to cater to
Malaysia’s growing middle class and the increased number of business and
leisure travellers in the market.”
Starwood currently operates 12 hotels in the country’s key
destinations, including Kuala Lumpur, Langkawi, Penang, Kota Kinabalu,
Sandakan, and Kuching. In addition to Four Points by Sheraton Puchong
and Le Méridien Putrajaya, Starwood’s Malaysian pipeline includes: The
St. Regis Kuala Lumpur, W Kuala Lumpur, Sheraton Petaling Jaya Hotel,
Sheraton Desaru Hotel, and Four Points by Sheraton Kota Kinabalu.
Four Points by Sheraton Puchong
Scheduled to open in the fourth quarter of 2014, Four Points by Sheraton
Puchong is strategically located in the heart of Puchong’s developing
new business district, Puchong Financial Corporate Centre (PFCC) at
Bandar Puteri Puchong. Puchong is a major town in the Petaling district
of Selangor, Malaysia and is situated midway between Kuala Lumpur and
Putrajaya, the federal administrative capital. The hotel is located
about 32 kilometers from the Kuala Lumpur International Airport; and is
approximately a 20-minute drive to the Kuala Lumpur city centre. The
hotel will be conveniently accessible by public transportation, and only
be a short walk from the LRT station due for completion in the first
quarter of 2016.
Four Points by Sheraton Puchong will feature 249 stylish and
contemporary guestrooms, including 12 executive suites designed for an
unencumbered, comfortable stay. The hotel will also feature a total of
1,110 square metres of meeting space, including an 800-square- metre
grand ballroom. Additionally, the hotel will have a swimming pool, two
food and beverage venues including the brand’s signature restaurant, The
Eatery, a fitness centre, and a variety of other amenities such as free
Wi-Fi, free bottled water and free coffee – all amenities that make the
Four Points brand a favourite with travellers worldwide.
Upon completion, Four Points by Sheraton Puchong will be the fifth
Four Points by Sheraton property in Malaysia, following the success of
the brand in Langkawi, Sandakan, Kuching and the recently opened Four
Points Penang.
Le Méridien Putrajaya
Strategically located in Malaysia’s federal administrative capital, Le
Méridien Putrajaya will be situated in close proximity to the city’s
commercial and retail areas, including the IOI City Mall, which is
slated to open late this year. The hotel will offer 350 contemporary
guestrooms, all outfitted with the signature Le Méridien BedÒ. Le
Méridien Putrajaya will feature two innovative restaurants concepts,
fitness centre, spa facilities, and a swimming pool. The hotel will have
more than 1,630 square metres of state-of-the-art meeting and event
space, including a grand ballroom.
Le Méridien Putrajaya will also feature the signature Le Méridien
Hub™, which re-interprets the traditional lobby into a social gathering
place, and further builds on the brand’s award-winning arrival
experience and coffee culture. Le Méridien arrival consists of four
elements: large-scale artwork in high impact areas; the sensory
experience, illustrated through Le Méridien signature scent, sound and
use of light; UNLOCK ART™ programme, featuring artist designed key card
collections that offer access to Le Méridien affiliated contemporary
cultural centers in the city; and a 24-hour curated soundtrack by French
Bossa Nova band Nouvelle Vague. The Hub features the signature Master
Barista, a recently launched initiative to meet the growing demands of
coffee lovers at every Le Méridien hotel worldwide. Master Baristas lead
coffee-related initiatives at each hotel, serve as a coffee cultural
ambassador, and maintain knowledge of current coffee trends within the
destination.
Le Méridien Putrajaya will be the brand’s third hotel in Malaysia after Le Méridien Kuala Lumpur and Le Méridien Kota Kinabalu.
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