News for the Hospitality Executive
Mainland Investment LLC Signs CHI Hotels to Operate the
Mafraq Hotel in Abu Dhabi, Will Rebrand to Ramada
17th June 2007 - Malta-based CHI Hotels and Resorts (formerly Corinthia Hotels International) announced the signing of a 10-year technical and hotel management agreement with the United Arab Emirates' leading investment house, Mainland Investment LLC of Abu Dhabi, a wholly owned subsidiary of The National Investor (TNI). The agreement foresees the renovation, extension and operation of the current 120-room Mafraq Hotel in Abu Dhabi, to be re-launched as the 250-room Ramada Abu Dhabi Mafraq hotel in early 2010.
Designed in the Arabic style, the existing Mafraq hotel, with 120 rooms and suites, is located in the heart of a fast developing area in Mafraq, Abu Dhabi. The site is situated on the shoulder of a hill and commands a prominent position with sweeping views to the northeast.
Digitally generated image of the Ramada Abu Dhabi Mafraq Hotel
Al Mafraq St Mafraq, Abu Dhabi, United Arab Emirates
Work on renovating the existing rooms and construction of a further 130 rooms will commence in 2008 and is expected to finish by early 2010. When completed, the hotel will feature 250 superior rooms and suites, a multi-function conference area and business centre, an all-day diner and two speciality restaurants, an English style pub, an extensive fitness area containing separate male and female gymnasiums, saunas and steam rooms, two squash courts, tennis court, a pool area within landscaped gardens and a choice of boutiques.
"This new property fits perfectly in our current and long term expansion plans for this region" said CHI Hotels and Resorts chief executive officer and managing director Tony Potter "Our joint venture with the Wyndham Hotel Group for the operation of the well established Wyndham and Ramada brands in Europe, Middle East and Africa, together with the upscale Corinthia brand, is proving to be the perfect catalyst for our management company to expand its operation in both established and new destinations. In the last year alone, the JV has enabled us to increase our portfolio by no less than six prime properties in destinations such as Algiers, Dubai, Egypt, England, Morocco and Romania." Concluded Mr Potter.
The Ramada Abu Dhabi Mafraq hotel is located about ten minutes from Abu Dhabi International Airport and near the main Dubai-Saudi highway. It is one of the closest hotels to the airport and is well positioned for Dubai (33 km) and the roads to the Western Emirates. It is also within easy reach of the main golf courses and the racing track in Abu Dhabi, while the city centre is about thirty minutes away.
Abu Dhabi is the capital and second most populous city in the United Arab Emirates (UAE), after Dubai. It lies on a T-shaped island jutting into the Persian Gulf from the central western coast. One of the world's largest producers of oil, Abu Dhabi is actively diversifying its economy through investments in financial services and tourism. In Abu Dhabi, luxury and style are infused with traditional values of hospitality and respect. Perfect weather, tranquil beaches, lush oases, a vibrant city life, and a mixture of culture and traditions come together to create a one-of-a-kind destination. Whether it's a visit to the emirate's old souks, sipping a fragrant Arabic coffee, riding the dunes on an exhilarating desert safari, or simply diving into a dazzling blue sea - Abu Dhabi is the ideal location for both the business and leisure traveller.
About CHI Hotels and Resorts (CHI Ltd)
CHI Hotels and Resorts is a hotel operating company that is a joint venture between Malta based International Hotel Investments plc (IHI) and Wyndham Hotel Group of the US. It undertakes hotel management operations for Corinthia Group and IHI owned or affiliated hotels as also for third party owners. CHI is also the exclusive hotel management company for Wyndham Hotel Group managed hotels in the EMEA region operating under the Corinthia, Ramada Plaza and Wyndham categories. CHI has accumulated over 45 years of experience in delivering a high quality service to hotel guests and an optimum rate of return for owners and investors in diverse business environments. Its expertise extends to management of luxury and upscale properties in city and resort locations, and products ranging from boutique to large conference and meeting hotels. Corinthia features among the top 50 hotel operating groups in Europe, as reviewed by Hotel Management International, an official publication of the European Hotel Managers Association.
About Wyndham Hotel Group
Wyndham Hotel Group, one of three principal components of Wyndham Worldwide (NYSE: WYN), encompasses more than 6,550 hotels and 551,000 rooms in 59 countries on six continents under the WyndhamÂ®, RamadaÂ®, Days InnÂ®, Super 8Â®, WingateÂ® by Wyndham, Baymont InnÂ®, Howard JohnsonÂ®, TravelodgeÂ®, Knights InnÂ® and AmeriHost InnÂ® brands. All hotels are owned individually and operated independently or by Wyndham Hotel Management. Wyndham Hotel Group is based in Parsippany, N.J. Additional information is available at www.wyndhamworldwide.com
|Also See:||2007 Abu Dhabi & Dubai Snapshot; Economics, Visitation and Hotel Development / Hadrien Pujol and Bernard Forster/ May 2007|
|Hilton Hotels Corporation Signs Management Agreement for First Conrad in Abu Dhabi; Mazrui Holding Building the 380 room Conrad Abu Dhabi / March 2007|