Golden Group Holding signs agreement with Rotana
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Rotana has signed a management agreement with Golden Group Holding (GGH), an Oman-based business group for a new hotel project in Muscat, Oman.
The agreement was signed by Nasser Al Nowais, chairman of Rotana, and Sheikh Salim bin Ahmed Al Ghazali, chairman of Golden Group Holding, at a ceremony at the Arabian Travel Market (ATM) 2017, taking place in Dubai from 24 – 27 April 2017.
The new hotel – named Al Mouj Rayhaan by Rotana – will be located within the Al Mouj development, an integrated tourist complex spread along a 6km stretch of Muscat’s coastline and comprising a mix of hotels, luxury residential properties, retail and dining facilities and a private yachting hub in addition to Oman’s only signature PGA-standard 18-hole links golf course, designed by legendary golfer Greg Norman.
Al Mouj Rayhaan by Rotana will feature 250 rooms, suites and apartments along with world-class amenities and services. Located in a prime sea front location, the property is scheduled to open before 2020.
The management agreement for Al Mouj Rayhaan by Rotana further strengthens the strategic relationship between Rotana and GGH; the two companies had earlier in 2015 signed an agreement for the development of five new hotels in Oman.
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