Tuesday, September 07, 2010 Home Archiving Advertising Contact Us
Test: Large | Medium | Small
Market Update
 
 
Free Monthly Alert
Get our free monthly newsletter, which tells you about what is inside the issue. Once you register, you will receive an update on what you can expect in each issue.
 

Surveys & Special Issues

Best Brands
2009 December
The best in Oman across 15 categories
E & Y Banking & NBFC Survey
2009 June
The most comprehensive assessment of the Omani banks and non-banking finance companies
AD Spend Survey 2008
2009 April
AD Spend that was incurred in 2008
Best Brands
2008 December
A more comprehensive outlook on offer this year with six new categories added
Banks and NBFCs Ranked
2008 June
Banks and NBFCs Ranked
Top 50 from MSM
2008 May
Top 50 from MSM
Also From the Apex Stable
TheWeek
Post a comment   Print this story
Bookmark this story   Email to a friend
Not Rated Rate This Article

Muriya signs deal for developing Salalah beach hotel
Business Today, Feb 2010
French hospitality firm Club Med and Muriya Tourism Development signed an agreement on Monday to build a 366-room hotel at Muriya’s Salalah beach tourist development complex.

Speaking at the press conference held around the signing, Samih Sawiris, chairman of Muriya, said that Club Med’s role in Salalah’s development would not add a sense of competition at the site, which already has international hotel chains Rotana and Mövenpick Hotels and Resorts.

“The more prime brand names we have for Salalah, the better it is for us and them,” he explained. “Each prime brand name is not added competition, but added [attention] to Salalah, due to better coverage of the project.”

Referring to when the Club Med hotel will be open for business, Sawiris speculated that it “would be around two years and eight months [from now]...We will submit drawings within the next two months. These then usually take around six months to be processed and approved, before we can start building.” The new hotel, Salalah Beach Club Med hotel, will be the company’s first interest in the Gulf region, and will cater to upscale, all-inclusive family holidays, which the brand has become well known for.

Henri Giscard d’Estaing, chairman and chief executive officer of Club Med, said, “This exquisite project on the Salalah coast will be the first Club Med resort on the Arabic peninsula, the only part of the world where [the company] was not yet operating. It will be one of the flagships of Club Med…I am enthralled by the prospect of welcoming Europeans, Asians, and with a special focus on the Khareef region, guests from the Arabic peninsula.”

H E Dr Rajha bint Abdul Ameer bin Ali, Minister of Tourism, said “This partnership is welcomed by the Ministry of Tourism.” Muriya Tourism Development, which is 70 per cent owned by the Egyptian firm Orascom Hotels and Development, and 30 per cent owned by the government-owned Omran, is currently working on four tourist developments in the sultanate. Two of the developments are integrated tourism complexes, which alongside hotels, will have freehold properties available for purchase by both national and foreign individuals.

Reader Comments

Be the first one to post your comment
All posts are sent to the administrator for review and are published only after approval. Business Today reserves the right to remove any comment at any time for any reason.

Post a Comment   
Please click post only once - your comment will not be published immediately

 

 



 Personality of the Month

Friendi Mobile CEO Antti Arponen believes that being honest with customers and encouraging colleagues to have fun at work is the best way to get results
> Read more

 

 
Corporate Moves

Keeping track of movers and shakers and those who shifted to greener pastures
> Read more

© Apex Press and Publishing, P.O. Box 2616, Ruwi 112, Muscat, Sultanate of Oman Tel: +968-24799388 Fax: +968-24793316