MILLENNIUM & Copthorne Hotels (M&C) is investing S$280 million (US$197 million) to upgrade and enhance its hotels globally, including a S$17 million revamp of the Grand Copthorne Waterfront in Singapore, expected to complete in 3Q2016.
Its M Hotel property is also expected to complete a S$3 million (US$2.1 million) upgrade of its building with energy-saving features in 1Q2016.
Renovations at four of North America’s 14 M&C hotels – Millennium Durham, North Carolina; Millennium Buffalo, Western New York; ONE UN New York, New York City; Millennium Biltmore, Los Angeles – are ongoing, with the Lakefront Anchorage having completed a US$8.4 million makeover to its guestrooms and common areas.
The UK properties such as Millennium Knightsbridge and Millennium Mayfair are expected to commence in 2016 pending final approvals, with renovations designed to reposition them to appeal to higher yielding customers. Refurbishments to Millennium Bailey will see redesigned bedrooms, reception, public areas, restaurant and bar, due to be completed in January 2016.
New Zealand’s Copthorne Auckland Harbour City sees an over NZ$40 million (US$26.1 million) refurbishment to its building services, new guestrooms and public areas and is expected to reopen in 2017. Sister property Copthorne Hotel & Resort Queenstown Lakefront is also due for renovation and refurbishment of 40 guestrooms to be completed ahead of the 2015/2016 high season.
Meanwhile, the 679-room Millennium Seoul Hilton has completed the final phase of its renovation with upgraded rooms and furnishings. Also due for completion by early 2016 is the £61 million renovation of the 853-room Grand Hyatt Taipei.
“We are focused on long term returns. The global refurbishment programme will ensure that our hotels feed into the market’s needs by keeping up with trends. Upgraded facilities will allow us to reposition properties to better realise their potential,” said Aloysius Lee, CEO of M&C.
