Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

FRHI launches 7 properties in MEAI  Join our daily free Newsletter

MENAFN - Khaleej Times - 08/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Frhi hotels & resorts (frhi) has launched seven new properties in the burgeoning middle east africa and india region with an aim to double its portfolio by 2020 in the region.

the hotel management company that operates the luxury and upper upscale hotel brands raffles hotels & resorts fairmont hotels & resorts and swissôtel hotels & resorts announced its expansion plans during a news conference at arabian travel market (atm) in dubai.

currently frhi has 19 existing hotels in the meai region. the new developments are set to open in key strategic markets including the kingdom of saudi arabia the uae egypt and nigeria.

“our newly announced projects represent significant growth for frhi and support our global expansion strategy of growing by 50 per cent over the next five years.” said michael glennie frhi’s president and chief operating officer. “increasing the footprint of our leading hotel brands as well as the continued expansion of our residential business across the meai region is critical to our success. we look forward to successfully opening these new hotels and to exploring future development opportunities throughout the region.”

new properties

with four properties operating in dubai and abu dhabi and more in development - fairmont ajman fairmont fujairah and fairmont abu dhabi marina - frhi is bringing the swissôtel brand to its growing uae portfolio in an emerging area of jaddaf in dubai. the property will feature 276 guestrooms and suites 1600 square meters (17200 square feet) of ultra-contemporary meeting and conference space and a pürovel spa & sport which has philosophy that is inspired by the alpine seasons. the five-star swissotel will anchor the al jaddaf mixed use development envisioned by aabar properties to also include two other hotels serviced apartments residential and retail facilities.

two new hotels will complement an existing presence in makkah as well as the fairmont riyadh business gate set to open in late 2014. with an enviable location and inspired by rich arab heritage the luxury hotel will feature 180 guestrooms and 188 branded residences.

located in the bustling palestine road swissôtel jeddah will have 350 guestrooms executive rooms and suites a unique variety of innovative and trendy dining options 2500 square meters (26900 square feet) of meeting and conference space and a 1200 square meter pürovel spa and sport center featuring indoor and outdoor pools.

to complement existing properties in cairo frhi will partner with citystars on an exceptional flagship project in sharm el sheikh. three new hotels and a signature golf course will be built in egypt’s red sea coastal city.

lagos nigeria’s commercial capital and the second fastest-growing city in africa represents an important business hub. the city will soon welcome its first fairmont property – fairmont lagos.

glennie said: “this is the first of what we hope will be many exciting announcements for frhi in the year ahead as we continue to focus on opening new luxury hotels and growing our brands in key strategic markets.”

— abdulbasit?khaleejtimes.com


 


Khaleej Times




  MENA News Headlines
 Oct 22 2014 - China Fiscal Revenue Rises 6.3% in SeptemberQatar News Agency
(MENAFN - QNA) China's fiscal revenue rose 6.3% year on year to 995.3 billion yuan about (162.6 billion US dollars) in September, quickening from a 6.1% rise in August, the Chinese Ministry of ...

 Oct 22 2014 - Tokyo Stocks End Sharply up WednesdayQatar News Agency
(MENAFN - QNA) Tokyo stocks ended sharply higher Wednesday, boosted by overnight rises in European and US stocks. The 225-issue Nikkei Stock Average rose 391.49 points, or 2.64%, from Tuesday to ...

 Oct 22 2014 - Cooperating Robots Developed in China-US ProjectQatar News Agency
(MENAFN - QNA) An award-winning collaboration between Chinese and American researchers has pointed the way forward for the use of cloud computing to link different robots and make them more ...

 Oct 22 2014 - Summary of Local News Released Tuesday - 3-Qatar News Agency
(MENAFN - QNA) - World Innovation Summit for Health (WISH) has appointed chairperson for the WISH Dementia Forum that will mull current challenges, innovation in care-giving, financial models and ...

 Oct 22 2014 - Ban Calls for Investigation into Israeli Attacks on UN Facilities in GazaQatar News Agency
(MENAFN - QNA) United Nations Secretary-General Ban Ki-moon called for a thorough investigation into incidents where UN facilities sustained hits and many innocent people were killed by the Israeli ...

 Oct 22 2014 - China Responds over "Hacker Infiltration to Apple's iCloud"Qatar News Agency
(MENAFN - QNA) China reiterated opposition to cyber attacks from hackers in all forms after media reported Chinese hackers infiltrated Apple's iCloud. "China is resolutely opposed to hacker attacks ...

 Oct 22 2014 - At Least 37 Taliban Militants Killed in AfghanistanQatar News Agency
(MENAFN - QNA) At least 37 Taliban militants were killed following military operations by Afghan national security forces in the past 24. The Afghan Ministry of Interior said Wednesday that the ...

 Oct 22 2014 - Japan's KEPCO to Submit Revised Takahama Safety PlanQatar News Agency
(MENAFN - QNA) The operator of a power plant on the Sea of Japan coast says it will submit revised safety measures to the country's nuclear regulator as early as next week, Japan's (NHK World) ...

 Oct 22 2014 - OIC states condemn Israeli violations against Al-Aqsa Mosque and Muslim worshipers 3 New YorkSaudi Press Agency
(MENAFN - Saudi Press Agency)  On Syria, the ambassador expressed deep concern about the escalation of acts of destruction, violence, murder and heinous crimes committed against the Syrian people as ...

 Oct 22 2014 - Saudi Transport Minister heads Kingdom's delegation to meetings of Arab Transport Ministers in EgyptSaudi Press Agency
(MENAFN - Saudi Press Agency)  The Council of Arab Ministers of Transport started their 27th session here today in the presence of Ministers of Transport and Communications of various Arab ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help