(MENAFN - Muscat Daily) Gloria Hotels & Resorts has signed a management agreement with Bin Karam Modern Investment Co, owner of the Gloria al Salam Resort in Buraimi and the Gloria al Salam Hotel in Sharjah, UAE.
The agreement was signed at the ongoing Arabian Travel Market (ATM) by Antoine Sayegh, president of Gloria Hotels & Resorts, and Sheikh Yaqoub bin Karam, chairman of Bin Karam Modern Investment.
Gloria Hotels said, in a press release, that it is preparing to open the Sharjah property - with 165 rooms and suites - by the end of December. The two hotels have been signed to meet the market needs of Oman and the UAE.
The hotel management company added that it would launch the four-star Gloria Ghala Muscat in June 2016.
Antoine Sayegh, president of Gloria Hotels, said that Gloria al Salam Hotel Sharjah and Gloria al Salam Resort in Buraimi are the new additions to the Gloria Hotels group.
This addition comes as part of the group's expansion plan in the Middle East. The UAE-based company is to soon launch seven large hotel projects, comprising more than 1,000 rooms, in Oman, Saudi Arabia, Qatar, Egypt, and the UAE, the release added.