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

Press release

Published April 24th, 2016 - 09:03 GMT

Saadiyat Rotana Resort

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

Signaling a continuation of the fast-paced expansion of the last decade that has helped establish the company as the dominant player in the region’s hospitality scene, Rotana announced that it will open 18 new hotels in 2016-2017, covering major markets in the Middle East, Africa and Europe. The move will see ~~4,590~~ 4,354 keys added to the company’s existing inventory by 2017, helping Rotana grow its portfolio to 75 operating hotels and 19,935 keys.

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

“Rotana is embarking on the next chapter of its growth story,” said Omer Kaddouri, President and CEO of Rotana. “Our robust development pipeline for the next two years, which includes a number of properties in markets outside the GCC, brings us closer towards achieving our goal to expand globally.”

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 number of properties in the first few months of the year including Rosh Rayhaan by Rotana, Riyadh, KSA; Dalga Residences by Rotana, Turkey; Downtown Rotana, Bahrain; and City Centre Rotana, Qatar and Centro Capital Doha, adding a combined 1,236 keys to the group’s existing portfolio.

Rotana is located at Stand #HC0720 at ATM 2015, which runs until 28 April 2016.

Background Information

Rotana Hotel Management Corporation

Rotana was founded in 1992, by a partnership between two visionary thinkers, Nasser Al Nowais and Selim El Zyr, who were joined three years later by Nael Hashweh and Imad Elias.

Operating as Rotana, it opened its first property in Abu Dhabi in 1993 and is today one of the leading hotel management companies within the Middle East and North Africa.

Rotana is a company offering the best of both worlds. A unique understanding of the culture and communities of the Middle East combined with the collective expertise of an executive team contributing over 35 years of international experience in the service industry.

Rotana aggressive expansion plans have seen the company grow from 2 properties in 1993 to a total of 70 by 2014. With several further properties planned for opening and new projects in the pipeline confirming the company's intention to have a Rotana managed property in all the major cities throughout the Middle East and North Africa within the next five years.