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M&C to manage Makkah hotels

Makkah, Saudia Arabia – 5 July 2017 – 
Makkah Construction and Development appoints Millennium & Copthorne Middle East Holdings to manage and operate the company’s five-star hotels in Makkah.

The contract period is for 20 years starting from November 1, 2017.

The company says contract has no specific value as M&C will get a portion of profit against hotel operations and management. It expects positive financial impact from Q4 of the current financial year.