Hospitality Management Holdings' Coral hotel one of five properties set to open this year
Hospitality Management Holdings (HMH) says its latest Oman project, the Coral Muscat Hotel & Apartments, will open in the second quarter of 2014 in one of five properties scheduled to open this year under the HMH banner.
The Dubai-based fully integrated hotel management company says it was the first chain in the Middle East to offer alcohol-free accommodation.
HMH CEO Laurent Voivenel said the hotel, in the Qurum district, would be a deluxe four-star property and part of a shopping arcade and multiplex.
It features 88 furnished apartments, including 56 two-bedroom and 32 one-bedroom units.
On site will be an international all-day-dining restaurant, pool deck and lounge, terrace lounge, meeting venues as well as leisure and fitness facilities, he said.
“Muscat is one of the most promising destinations in the GCC and has the strongest performing hotel market in Oman, with occupancy rates exceeding 60 per cent in H1 2013, closely followed by Musandam and Dhofar,” Voivenel said.
“We are truly excited to be here and the property represents the success of our brand expansion in the GCC.”
He said construction of the Coral Muscat Hotel & Apartments had picked up pace in the past few months and he was confident of its Q2 completion date.
Oman has recorded near parity between domestic and foreign tourism, with just over half of spending in 2012 coming from locals, a split the World Travel and Tourism Council said would be maintained over the next 10 years.
Travellers from the UAE make up 40 per cent of all tourists to Oman each year. The Asian market is the next largest source of international arrivals (34.4 percent), with almost three-quarters coming from India.
The number of hotel rooms in the Muscat governorate is set to double over the next five years from a current stock of about 3,750 to about 7,750 as the sultanate aims to quadruple the number of tourists it receives each year to 12 million by 2020.