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Wednesday, April 6, 2011

Dijaya ventures into hotel biz in JV with Starwood Hotels & Resorts Worldwide

KUALA LUMPUR: Property-based DIJAYA CORPORATION BHD is venturing into the hotel business with US-based Starwood Hotels & Resorts Worldwide, Inc. to develop a W Hotel in Kuala Lumpur.

Dijaya said on Wednesday, April 6 the 150-room hotel is scheduled to open in 2016 and will mark the entry of the W brand to Malaysia.

Its independent non-executive chairman Datuk Rohana Mahmood said Dijaya was proud to collaborate with Starwood Hotels & Resorts Worldwide, a company with a long history of designing, building and managing world-class hotels and resorts.

“We have chosen a proven partner that is in line with our focus to grow with a dynamic presence,” she said.

Rohana said Dijaya’s venture into the hospitality industry underlined the company’s commitment to continued growth.

“Dijaya is seeking differentiation with regards to sustainability practices. With W Kuala Lumpur, Dijaya will work towards a Green Building Index (GBI) rating,” she said.

The hotel would be along Jalan Ampang, across the Petronas Twin Towers and 500 metres from the Kuala Lumpur Convention Centre (KLCC).

W Kuala Lumpur is designed by Skidmore, Owings & Merrill LLP from New York. Scheduled to open in 2016, W Kuala Lumpur will feature 150 rooms and suites with urban views.

By The EDGE Malaysia

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