business

Marriott takes mandate to manage IOI Properties' hotels in Putrajaya

KUALA LUMPUR: IOI Properties Group Bhd (IOIPG) has entered into agreements with Marriott International Inc to manage two of its signature hotels at IOI Resort City in Putrajaya namely Putrajaya Marriott Hotel and Palm Garden Hotel. 

In a statement today, IOI Properties said Putrajaya Marriott Hotel would 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.

Marriott International area vice president for Singapore, Malaysia and Maldives Rivero Delgado said the signing marked the group's commitment to expand its diverse Marriott Bonvoy portfolio across Malaysia.

"We are thrilled to sign the agreement with IOI Properties Group to introduce the Tribute Portfolio brand to IOI Resort City, Putrajaya," she said.

IOI Properties executive vice chairman Lee Yeow Seng said the hospitality and leisure segment of the group leveraged on its stable of world-class brand hotels in providing excellent customer experience, augmented by distinctive IOI Properties brand offerings that always prioritise the needs of its 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 IOI Properties Group," he said after the signing ceremony.

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 IOI Properties. 

It will also be managing both the upcoming Moxy Putrajaya in IOI Resort City and the Sheraton Grand within the IOI Palm City mixed development in Xiamen, China.

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