Millennium Hotels and Resorts was founded in 1989, on the vision of its Chairman, Kwek Leng Beng, who leads Singapore’s Hong Leong Group.
Formed as a Hong Leong subsidiary, CDL Hotels International acquires its first 6 Asian hotels.
CDL enters the US market, acquiring the Millennium Hilton and the Millennium Broadway Hotel New York.
CDL acquires Copthorne Hotels from Aer Lingus for £219 million, and launches its new global hotel brand, Millennium Hotels And Resorts. 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. During the same year, it acquires the Millennium Hotel London Mayfair from InterContinental, as well as hotels in France and Germany.
M&C is voted "Best UK Hotel Group of the Year" at the Executive Travel Hotel Awards.