Quotes: 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 meting 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
 Jul 24 2016 - Two Israeli Reconnaissance Planes Violate Lebanon's AirspaceQatar News Agency
(MENAFN - Qatar News Agency) Beirut, July 23 (QNA) - An Israeli reconnaissance plane has violated the Lebanese airspace above Lebanon's Alma Shaab and flew over Iqlim Kharroub region, as indicated by ...

 Jul 24 2016 - Mass Hunger Strike in Protest of Israel's Detention of PalestiniansQatar News Agency
(MENAFN - Qatar News Agency) Ramallah, July 23 (QNA) - A mass hunger strike across Israeli prisons continued on Saturday in protest of Israel";s detention of Palestinians without charge or trial, ...

 Jul 24 2016 - EU Condemns Kabul AttacksQatar News Agency
(MENAFN - Qatar News Agency) Brussels, July 23 (QNA) -The EU has condemned an attack in Kabul earlier today at a march in which 80 people were killed and over 200 injured. A statement by Maja ...

 Jul 24 2016 - Turkey Forms State of Emergency Coordination CommitteeQatar News Agency
(MENAFN - Qatar News Agency) Ankara, July 24 (QNA) - Turkey has formed a state of emergency coordination committee chaired by Prime Minister Binali Yildirim, according to the Official Gazette. The ...

 Jul 24 2016 - Israeli Army Injures One Palestinian, Arrests Three OthersQatar News Agency
(MENAFN - Qatar News Agency) Ramallah, July 24 (QNA) - Israeli soldiers invaded, at dawn Sunday, the town of Silwad, east of the central West Bank city of Ramallah, shot and seriously wounded one ...

 Jul 24 2016 - Bahrain to launch USD526m market revampMENAFN
(MENAFN) Bahrain's government has announced a USD526 million project to revamp Bahrain's Manama Central Market.In detail, the project is still awaiting approval, six months after it was suspended ...

 Jul 24 2016 - Enec, KHNP shake hands on support services dealMENAFN
(MENAFN) The Emirates Nuclear Energy Corporation (Enec) and Korea Hydro & Nuclear Power (KHNP) have inked an operating support services agreement (OSSA) for the Barakah nuclear power plant in Abu ...

 Jul 24 2016 - QIA, Douglas Emmett acquires USD225m LA office buildingMENAFN
(MENAFN) Qatar Investment Authority (QIA) has announced the acquisition of a mega office property in Los Angeles in joint venture with Douglas Emmett, a real estate investment trust (REIT.In detail, ...

 Jul 24 2016 - WEEK AHEAD: Blue-chips aplenty due to update marketProactiveInvestors - UK
(MENAFN - ProactiveInvestors - UK) The week ahead is set to be a busy one as blue-chips race to get their results out before people head off on holiday. The first of the big companies reports on ...

 Jul 24 2016 - Italian banking crisis may not spill over to global economy: QNBGulf Times
(MENAFN - Gulf Times) Italian banks are in 'trouble” because of their 'large stock of bad loans” QNB said although it does not foresee the trouble 'spilling over” to the wider ...

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help