March 28, 2024

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Rotana inks Oman’s largest hotel deal

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UAE-based Rotana hotels has signed a contract to open a chain of hotels in Oman, totaling 1,500 rooms by 2020, across the 3-, 4- and 5-star categories. It is the largest deal of its kind for a hotel chain operating in the Sultanate.

The new properties will open in Muscat, Sohar and Salalah and are backed by Golden Group of Companies and Taameer Investment SAOC, considered one of the leading investment companies in the country.

The signings are part of their strategy to increase hospitality operations in line with Omani performance and the group already owns Wave Muscat Hotel and Shaza Salalah Hotel and Spa.

“We are proud to have been chosen to manage these five properties in Oman and I wish to thank Golden Group and Taameer Investment for their trust and confidence,” said Nasser Al Nowais, chairperson of Rotana.

“Rotana sees Oman as an important growth market, and with our decades of experience and global expertise in hotel management, we are confident we can add value to the hospitality industry in the region and bring a new level of sophistication to the guest experience. Those openings will make a major contribution to the community by providing additional employment opportunities for Omani nationals and strengthening the local supply chain in support of the country’s developing tourism industry. As we continue to execute on our vision of operating 100 hotels by 2020, Rotana looks forward to assuming a central role in elevating the hospitality scene in Oman while meeting the demands of the market,” he concluded.

Rotana currently manages a portfolio of over 100 properties throughout the Middle East, Africa, South Asia and Eastern Europe with an aggressive expansion plan in place.

 

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