UAE based Landmark Hotel Group, has unveiled a new 4-star hotel development project in Abu Dhabi. Tenders for the main construction package are expected to be invited at the end of this month.
The hotel, comprising 227 rooms and 10 suites, will include three restaurants - of which two have panoramic views of downtown Abu Dhabi.
Construction of the 22-storey will commence early next year and is expected to be completed in 2009.
"The steady growth of the tourism industry has offered an excellent opportunity to expand our activities into the hospitality sector," SM Sadique, group director, Landmark Hotel Group, told Construction Week.
"With this new development, we aim to address the growing demand for world-class hotel amenities in Abu Dhabi and strengthen our presence in this rapidly growing market."
The hotel will be located in Abu Dhabi's business district on the old airport road.
In addition to the deluxe hotel, Landmark will open a 77-room deluxe serviced apartment complex in 2008 as it continues to expand its activities throughout Abu Dhabi. Aside from developing properties, Landmark has been engaged in acquisition and lease of properties as part of its expansion strategy across the region.
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST CONSTRUCTION & INDUSTRY
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST CONSTRUCTION & INDUSTRY
LATEST MIDDLE EAST BUSINESS NEWS
- Culture & Society: Random checks for bus travellers to Abu Dhabi
- Sport: Alinghi again makes case for RAK as race venue
- Banking & Finance: First Gulf Bank has at least $1.4bn Dubai exposure
- Financial Markets: Nakheel bond prices tumble to record lows of 40
- Banking & Finance: Need to assess Dubai before reacting – India cenbank
