We write about Millennium & Copthorne Hotels regularly and in detail to keep hoteliers and industry professionals in the know. The closure of the Millennium Hotel London Mayfair for refurbishment is continuing to hit owner Millennium & Copthorne's profits. For Business Growing from a single property in Abu Dhabi, Millennium & Copthorne, Middle East & Africa (MEA) has expanded into various neighbouring destinations and is now recognised as one of the fastest growing regional hotel management companies in the region. The owner of the Millennium Hotel Cincinnati told The Enquirer it supports a proposal to replace the aging convention center hotel with a new, more modern version. With an inventory of almost 40,000 rooms globally, the company is present on all continents with a portfolio of brands that serve different market segments, offering quality and value across every category. In the same year, the Group strengthens its commitment to China, acquiring a 70% majority stake in the award-winning Grand Millennium Beijing.The Group completes two significant asset management transactions - selling and leasing back Studio M to CDLHT and selling a parcel of land adjacent to the Grand Millennium Hotel Kuala Lumpur. “Millennium Place JVT Dubai marks another major milestone for The First Group, as we continue to grow our portfolio of hotel properties across the city,” said Danny Lubert, the company’s co-founder and joint chairman.“In partnership with Millennium & Copthorne, one of the world’s leading upscale hotel brands, this high-profile project will set new hospitality standards in a fast-developing and centrally-located district of ‘New Dubai’ – Jumeirah Village Triangle.”The signing strengthens Millennium & Copthorne’s rapidly expanding portfolio in the UAE, cementing its position as one of the fastest growing operators in the region.Ali Hamad Lakhraim Alzaabi, President & CEO of Millennium & Copthorne, Middle East and Africa (MEA) added: “Millennium Place JVT Dubai will be an exciting addition to our regional portfolio, which we aim to grow to 100 properties strong by 2020.The UAE continues to present us with exciting opportunities to expand in the 4 star hotel sector, where there is a high demand for contemporary and stylish accommodation, and we are confident that together with one of Dubai’s leading property developers, we will make this prestigious hotel project a great success.”Millennium & Copthorne Hotels plc is a dynamic, global hotel company, which owns, asset manages and/or operates more than 125 hotels worldwide. In the same year, M&C acquires a land site in Tokyo's prestigious Ginza district and announces it will build its first ever hotel in the Japanese capital.The Group announces record revenues and profits for the year ending December 31, 2011, reflecting robust operating performance, as well as gains from its asset management activities.The Group announces its delisting from the London Stock Exchange in October following a privatisation exercise by its parent company, CDL.I would like to receive the global e-newsletter containing offers and updates about your products and services, by e-mail. According to the statement by Millennium Hotels & Resorts MEA, Makkah Construction, the owner of Makkah Millennium Hotel and Towers, had, “unlawfully, and in contrary to the terms of the operating and management agreement, interfered with the exclusive rights of Millennium in the management and operation of the hotel and towers”.The hotel group also said it is “confident in the Saudi judiciary system in the protection of rights and imposing justice”.In the statement, the company confirmed its exclusive rights to manage and operate Makkah Millennium Hotel and Towers without interference from the owner or others.The hotel company also said that it had “addressed its guests with deep regrets for the inconvenience they might have encountered during their stay at Makkah Millennium Hotel and Towers”.It is not clear at this stage what inconvenience guests may have faced during their stay at the hotel. Zawya news outlet also said that Makkah noted that it has notified Millennium and Copthorne with the decision of ending this contract, according to a bourse filing on Thursday [13 june 2019].The nerws outlet said that the Tadawul-listed company aims at appointing another international hotel operator to meet Makkah’s objectives.It reported that work is still ongoing in the hotel and towers which are being operated and managed by Makkah, the company said, adding that no negative impact should reflect on Makkah’s financial statements after ending the deal with Millennium and Copthorne.For all the latest hospitality news from UAE, Gulf countries and around the world, follow us on Published by ITP Media Group. Around this time, the Group becomes New Zealand's largest hotel owner, with 21 hotels, and acquires a controlling stake in the Plaza Hotel in New York (the stake was sold in a landmark transaction in 2004).Millennium & Copthorne Hotels plc (M&C) floats on the London Stock Exchange. Millennium Hotels and Resorts MEA operates 4067 keys in Saudi ArabiaKeep supporting great journalism by turning off your ad blocker. Get the latest news stories and articles on Millennium & Copthorne Hotels from the business journalists at Hotel Owner. Millennium is taking legal action against the owner of Makkah Millennium Hotel and Towers hotel, a statement has revealed.This follows Makkah Construction and Development Co's announcement earlier last week that it has terminated any contracts with its subsidiary in Makkah City, Millennium and Copthorne Middle East Holdings Limited company, accroding to Zawya news outlet. Millennium & Copthorne Hotels operates the Millennium, Copthorne and Kingsgate hotel chains.