Millennium Resort Patong hotel is owned by Phuket Square Company Ltd and managed by M&C. Phuket Square Company Ltd is the owner and developer of the Phuket Jungceylon shopping and leisure complex where the M&C hotel is located.
In March 2006, Real Estate Capital Asia Partners L.P (RECAP) through Dolruethai Co.,Ltd acquired a 95% interest in the Phuket Jungceylon project, a mega hotel and retail complex of two million square feet. RECAP is a private real estate fund in which the City Developments Limited Group (CDL) has significant interest with a US-based investment fund and other limited partners.
