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Abu Dhabi-based National Corporation for Tourism & Hotels Acquires 15% Stake in the Hilton Rabat in Morocco

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(Abu Dhabi, May 2004):  Abu Dhabi-based National Corporation for Tourism & Hotels (NCT&H) has targeted the Moroccan hospitality sector for its first overseas investment, acquiring a 15 per cent stake in the Hilton Rabat in Morocco.

The corporation has also been appointed as Owner’s Representative by Daewoo Rabat SA (the listed name for the property), and will oversee management of the hotel by Hilton International.

The property, located in an upmarket suburb of the Moroccan capital, has 249 rooms and suites and a further 20 chalets, plus a range of business and leisure facilities, including five restaurants, health club, pool, hammam, tennis and a golf driving range.

Rated among the top hotels in the city, the Rabat Hilton also caters to the meetings and incentives sector, and offers a location close to the 45-hole Royal Golf Dar Es Salam and near the airport.
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Hilton Rabat Hotel Morocco
PO Box 450 Soussi Rabat Morocco
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NCT&H, a leading player in the Abu Dhabi hospitality sector, owns and manages a range of hotels in the emirate, including Inter-Continental properties in the UAE capital and Al Ain, and is expanding its portfolio with two new resorts due to open later this year.

The Corporation also operates transport, tours and catering divisions to provide a full range of hospitality services for the emirate of Abu Dhabi.

The National Corporation for Tourism and Hotels (NCT&H) was formed in 1996 in response to the need to develop both tourism and commerce in the United Arab Emirates (UAE), especially Abu Dhabi.

The Corporation was formed as a semi-government organisation. NCT&H’s primary objective is to promote Abu Dhabi as an international destination, supervise and manage hotels and provide transportation and catering services. It provides comprehensive services and facilities through destination management services, hotels, catering and national transport.


 
 
Contact:
Susan Furness
tel +971 4 3915590
media@strategicsolutionsonline.com
Also See: Daewoo E&C Corporation of Seoul, Korea Sells 100% Interest in Hilton Rabat Hotel in Morocco to SOMED (Societe Maroc Emirates Arabs Unis de Developpement) / July 2003
Sol Melia in Agreement with Moroccan Investors to Build a Luxury Resort, Designed by the Spanish Architect Alvaro Sans, at Agadir / April 2001


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