Opportunity in the budget segment is “unprecedented” as Hospitality Management Holdings (HMH) continues expansion in Oman.
Muzn Oman Commercial (S.A.O.C.) has signed a management agreement with HMH to operate the three-star Corp Muscat Al Muzn Hotel.
HMH CEO Laurent A. Voivenel said: "The GCC, with a special focus on the UAE, Oman and KSA, is central to our expansion strategy. The scale of opportunity in the region for hotels especially in the budget segment is unprecedented. By 2020 our aim to have six hotels in Oman while multiplying by four our total inventory of keys".
Corp Muscat Al Muzn Hotel is expected to welcome its first guests by the first quarter of 2018.
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Muzn Oman Commercial (S.A.O.C.) chairman Mohamed Al Kindi stated: "The steady growth of tourism in Oman, with a vision to welcome 12 million visitors annually by 2020, is fuelling demand for quality mid-market hotels catering to diverse segments and Corp Muscat Al Muzn Hotel is being developed to serve that growing need".
Corp Muscat Al Muzn Hotel is located in Muwaleh, in close proximity to Muscat International Airport as well as major business hubs, industrial areas and government institutions.
The hotel features 132 guestrooms, and will offer a host of services and facilities tailored to the needs of business and leisure travellers.
Some key features include a multi-cuisine restaurant with room service, business centre services, conference facilities, basement car parking, free wireless high-speed Internet, rooftop swimming pool and spa facilities.
Elaborating on HMH's expansion strategy, Voivenel stated: "The hospitality industry in Oman is witnessing remarkable growth at the moment and we are truly grateful to Muzn Oman Commercial (S.A.O.C.) for having given us this opportunity at these exciting times.”