Fairmont Hotels & Resorts, a luxury brand in the FRHI Hotels & Resorts (FRHI) portfolio, has announced an agreement with CITITOWER SDN BHD, a joint venture between Qatari Diar Real Estate Investment Company and KLCC (Holdings) Sdn, Bhd, a wholly-wned company of Petroliam Nasional Berhad (PETRONAS), to open its first property in Malaysia. The Fairmont Kuala Lumpur is set to debut in 2017.
The 62-storey hotel will be located in the Kuala Lumpur City Centre (KLCC) development, which is home to the PETRONAS Twin Towers, the tallest twin buildings in the world. The project will include the hotel and one high-rise office tower, which will be connected via a six-storey retail podium.
It will offer:
- 750 guestrooms
- 30,000 sq. ft. of meeting and banquet space
- executive lounge
- Fairmont Gold, the luxury brand’s hotel-within-a-hotel offering
- six dining outlets
- swimming pool, health club and spa
“Fairmont Kuala Lumpur is an important milestone for both our brand and for FRHI,” said Jennifer Fox, president, FRHI International and Fairmont Brand. “It’s a dynamic new destination for Fairmont and is our company’s first hotel in Malaysia, an influential and growing market that we feel is of strategic importance. We’re very excited to be entering Kuala Lumpur, a key gateway city in the region, and remain focused on expanding the Fairmont brand in Southeast Asia and other leading destinations globally.”
The project is being designed by Pelli Clarke Architects, a group that is associated with many prestigious projects including the PETRONAS Twin Towers and the International Financial Centre in Hong Kong.
Fairmont continues to expand its presence in Asia Pacific. New projects are set to open in Chengdu (residences 2014/hotel 2015), Jakarta (2015), Bali (2016), Taiyuan (2016), Changsha (2016), and Hangzhou (2017).