By Staff writer
Hotel operator says it will add nearly 4,600 keys to its portfolio with new properties across Gulf, Iraq, Turkey
UAE-based hotel operator Rotana has outlined its plans to open 18 new hotels in 2016-2017, covering major markets in the Middle East, Africa and Europe.
The company said the move will see 4,590 keys added to its existing inventory by 2017, helping Rotana grow its portfolio to 75 operating hotels and 19,935 keys.
New Rotana properties set to open in the next two years include five hotels in Saudi Arabia, four in the UAE, and two each in Iraq and Turkey.
Rotana added in a statement that it will also open properties in Jordan, Iran and the Democratic Republic of Congo, in addition to completing the extension work on one of the company's iconic properties in the UAE - The Cove Rotana Resort in Ras Al Khaimah.
"Rotana is embarking on the next chapter of its growth story," said Omer Kaddouri, president and CEO of Rotana. "Our robust development pipeline for the next two years, which includes a number of properties in markets outside the GCC, brings us closer towards achieving our goal to expand globally."
Rotana said its expansion plans for 2016 witnessed the inauguration of a number of properties in the first quarter of the year including Rosh Rayhaan by Rotana, Riyadh, Dalga Residences by Rotana, Turkey, Downtown Rotana, Bahrain, and City Centre Rotana, Qatar and Centro Capital Doha, adding a combined 1,236 keys to the group's portfolio.