Resta Hotels signs contract in Yemen

Resta Hotels & Resorts has signed a contract to manage the 239-room Al Qasr Hotel & Resort in the city of Aden, Yemen.

Resta chairman of the board Mohamed Abdul Jawad said: “We are proud to manage this luxurious hotel. This contract is in line with the company’s growth strategy that is aimed at operating15 hotels and resorts by 2013”.

Resta was launched in June 2008 with the aim of being a pioneer among “the very few hotel management companies which were founded in the Middle East and North Africa by Arabian investments with international experience”, said Jawad.

“Our strategy is based on operating a hotel in every major city and global tourism destination in the MENA region,” said Jawad.

“Furthermore, building up Resta’s portfolio by managing diversified categories of hotels and resorts to meet international market demands,” he added.

Abdel Karim El Dhabee, chairman of Arabyl Holding and ASAS Real Estate Companies, which owns the hotel, said he believed that the management contract would introduce opportunities for further cooperation between both companies, as well as investment in the field of tourism.

He said: “Al Qasr Hotel and Resort is distinguished by its architectural style, which is inspired by the cultural heritage in Aden. The hotel and resort serve as the first project of its kind in Yemen. It is also a highly prestigious and deluxe hotel, one which has very large green spaces and wonderful panoramic views”.

“ASAS Co. strives to develop and establish diverse projects to consolidate its investment in Yemen, especially in light of favorable circumstances and current laws that facilitate investment in the country,” added El Dhabee.

Al Qasr Hotel is scheduled for opening in November this year to host the 20th Gulf Cup Football Championship 2010.

It will be Resta Hotels & Resorts seventh managed hotel and its second outside Egypt, after Le Patio Beirut, which is due to open in July.