By Sharen Kaur - Published in NST Property on April 15, 2022
sharen@nst.com.my
After a two-year wait, the Mercure Kuala Lumpur Glenmarie, which is part of the Utropolis Glenmarie integrated development in Shah Alam, Selangor, has finally opened.
Paramount Corp Bhd is developing the 21.7-acre Utropolis Glenmarie, which contains the Utropolis Marketplace mall, 1,500 serviced apartments, and the UOW Malaysia KDU University College campus.
Super Ace Resources (SAR) Sdn Bhd signed a deal with AccorHotels in April 2017 to operate the 229-key hotel.
SAR was formed in August 2016 as a joint venture between Paramount and Singapore-listed Lasseters International Holding Ltd to build the hotel.
It was revealed at the signing that the 13-story hotel will cost RM75 million to develop and it is expected to open by the end of 2019.
On November 15, 2021, the four-star hotel held a soft opening.
The next month, Paramount announced that it had acquired 100 per cent ownership of SAR. It paid RM4.85 million in cash for the remaining 29 percent collective shares of Lasseters Properties Sdn Bhd and Lasseters Management (M) Sdn Bhd in SAR.
Garth Simmons, chief executive officer of Accor Southeast Asia, Japan, and South Korea, said in a statement that the hotel is a significant addition to Accor's mid-scale brand portfolio in Malaysia.
"It joins the global Mercure network with more than 810 hotels in over 60 countries," he said.
The Mercure Kuala Lumpur Glenmarie is the first international business hotel in the Glenmarie area, offering both business and leisure travellers locally inspired experiences.
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