The first phase of the opening will cover 156 apartments out of the hotel’s total 347 units, which comprise studio, one, two and three bedroom apartments.
The UAE’s hospitality market is expected to be worth USD 7.6 billion annually by 2022
Nicolas has been associated with Rotana Hotel Management Corporation PJSC for 18 years and is a veteran of the hospitality industry.
Today’s acquisition takes IHG’s portfolio of open and pipeline luxury hotels to 400 hotels (108,000 rooms) globally.
Boukhaled has more than 29 years of experience in the industry, having held several leadership roles with hotel companies such as Accor and Sofitel.
Millennium Hotels & Resorts currently operates 38 hotels and has 14 hotels due to open within the next year.
Slated to open in 2023 as a launchpad for exploration, the hotel will feature 196 rooms and suites as well as 200 residences.
Radisson Hotel Group has signed six new hotels in Egypt as part of a portfolio deal across a number of its brands. The agreement was signed with existing business partner Zaghloul Holdings, a Cairo-based business conglomerate operating in real estate, contracting, tourism, commercial retail, entertainment and sports investment industries. The six...