Rotana announces growth plans at ATM, to open 18 hotels before the end of 2017
Business

Rotana announces growth plans at ATM, to open 18 hotels before the end of 2017

Rotana, one of the leading hotel management business in the Middle East, Africa, South Asia and Eastern Europe, outlined its plans for the future during its participation in the continuous Arabian Travel Market (ATM) 2016, the Middle East's largest travel and tourist event.

Signaling a continuation of the fast-paced growth of the last decade that has actually helped develop the business as the dominant player in the region's hospitality scene, Rotana revealed that it will open 18 new hotels in 2016-2017, covering significant markets in the Middle East, Africa and Europe. The step will see 4,590 4,354 secrets added to the company's existing stock by 2017, assisting Rotana grow its portfolio to 75 operating hotels and 19,935 keys.

New Rotana properties set to open in the next two years include 5 hotels in the Kingdom of Saudi Arabia (KSA), 4 in the United Arab Emirates (UAE), and 2 each in Iraq and Turkey. Rotana will also open homes in Jordan, Iran and the Democratic Republic of Congo, in addition to completing the extension work on one of the company's iconic homes in the UAE-- The Cove Rotana Resort in Ras Al Khaimah.

"Rotana is starting the next chapter of its development story," stated Omer Kaddouri, President and CEO of Rotana. "Our robust development pipeline for the next two years, which includes a variety of homes in markets outside the GCC, brings us closer towards accomplishing our objective to expand internationally.".

The scheduled opening dates for upcoming Rotana properties in 2016 and 2017 are as follows:
Amman Rotana, Jordan Q2 2016
Vazo Residences by Rotana, Istanbul, Turkey Q2 2016
Kin Plaza Arjaan by Rotana, Kinshasa, Democratic Republic of Congo Q2 2016
Centro Shaheen, Jeddah, KSA Q3 2016
Centro Waha, Riyadh, KSA Q4 2016
Centro Olaya, Riyadh, KSA Q1 2017
The Cove Rotana Resort (Extension), Ras Al Khaimah, UAE Q2 2017
Centro Corniche, Al Khobar, KSA Q2 2017
Erbil Arjaan by Rotana, Kurdistan, Iraq Q2 2017
Sundus Rotana, Muscat, Oman Q2 2017
Slemani Rotana, Kurdistan, Iraq Q3 2017
Centro Salama, Jeddah, KSA Q3 2017
Beach Arjaan by Rotana, Abu Dhabi, UAE Q3 2017
Creek Rotana and Creek Arjaan by Rotana, Dubai, UAE Q3 2017
Saadiyat Rotana Resort, Abu Dhabi, UAE Q3 2017
Rayhaan Imam Reza, Mashhad, Iran Q3 2017
Capital Centre Rotana, Abu Dhabi UAE Q4 2017
Centro Istanbul, Turkey Q4 2017

Rotana's impressive expansion plans for 2016 witnessed the inauguration of a variety of buildings in the very first few months of the year consisting of Rosh Rayhaan by Rotana, Riyadh, KSA; Dalga Residences by Rotana, Turkey; Downtown Rotana, Bahrain; and City Centre Rotana, Qatar and Centro Capital Doha, including a combined 1,236 keys to the group's existing portfolio.

Rotana is located at Stand #HC 0720 at ATM 2015, which runs until 28 April 2016.

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