April 27–Projects worth $10 billion are planned over the next five years in Bahrain.
They include the construction of 15 new five- and four-star hotels and beachfront resorts, according to a key report.
The figures were released in the Economic Development Board's (EDB) latest Bahrain Economic Quarterly report, which said the kingdom's hotel and restaurant sector witnessed robust growth at a rate of three per cent.
The list of planned world-renowned hotel brands include The One&Only Resort, Wyndham Grand Hotel, Fairmont, Vida Hotel and Resort, The Address Hotel and Resort, Ibis Hotel and Pullman Hotel.
"These hotels will add to the kingdom's existing portfolio of over 190 hotels and resorts," said an EDB statement.
"This includes 18 five-star hotels, 48 four-star hotels, 35 three-star hotels, 81 serviced apartments and 11 resorts".
EDB chief executive Khalid Al Rumaihi said the new investments will help boost tourism especially from GCC visitors making it a regional hub.
"These new developments will both help to meet rising demand and attract new visitors to the kingdom.
