HMH – Hospitality Management Holdings has
outlined an ambitious expansion strategy to grow its footprint in
Oman.
The company has just opened the Coral Muscat Hotel &
Apartments, and has signed a management agreement for Corp Muscat
Al Muzn Hotel which will open in Q1 2018.
HMH is aiming to
have six hotels in Oman by 2020.
Laurent A. Voivenel, CEO of HMH, said, “Oman saw
inbound tourism numbers rise by an average of 7.4% per annum in
the last decade and is targeting 12 million visitors annually by
2020 which is fueling the demand for quality mid-market hotels.
Oman Ministry of Tourism has forecast hotel room capacity to
expand at an annual growth rate of 5.3% over the next four years
while tourism is expected to contribute 5% to the country’s GDP by
2020. These figures are indicative of growing appeal of Oman among
global travelers and presents an enormous opportunity for HMH. Our
aim to have six hotels in Oman by 2020 while multiplying by four
our total inventory of keys.”
Coral Muscat Hotel & Apartments welcomed its
first guests earlier this month. The deluxe 4-star property is located in Qurum, 20 minutes-drive away from
Muscat International Airport and enjoys close proximity to
diplomatic and commercial city centre. It is part of a shopping
arcade and multiplex and features 88
apartments including 23 one-bedroom apartments, 20 one-bedroom
deluxe apartments and 45 two-bedroom apartments. The property
features an
international all-day-dining restaurant, pool deck and lounge,
terrace lounge, meeting venues for small to medium sized
conferences as well as a fully-equipped gymnasium, aerobics room and swimming
pool.
Corp Muscat Al Muzn Hotel is expected to open
its doors by first quarter of 2018 and is strategically located in
Muwaleh, in close proximity to Muscat International Airport, major
business hubs, industrial areas and government institutions.
Featuring 132 guestrooms, the hotel will complement Al Muzn Mall
and will offer a host of services and facilities.
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HMH,
Oman,
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