[By NBC-1TV H. J Yook]Fairmont Hotels & Resorts, a luxury brand in the FRHI Hotels & Resorts (FRHI) portfolio, today announced an agreement with CITITOWER SDN BHD, a joint venture between Qatari Diar Real Estate Investment Company and KLCC (Holdings) Sdn Bhd, a wholly-owned company of Petroliam Nasional Berhad (PETRONAS), to open its first property in Malaysia. Building on the brand's growing presence in Southeast Asia, Fairmont Kuala Lumpur is set to debut in 2017.

The 62-story luxury hotel will offer 750 well-appointed guestrooms along with an executive lounge and Fairmont Gold, the luxury brand's hotel within a hotel offering. Fairmont Kuala Lumpur will also feature six dining outlets, as well as 2,787 square meters (30,000 square feet) of meeting and banquet space and recreational facilities including a swimming pool, health club and spa.

Fairmont Kuala Lumpur will be located in the Kuala Lumpur City Centre (KLCC) development, which is home to the iconic 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-story retail podium.

“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.”