Monday, July 16, 2007

Emirates-Premier Inn joint-venture to bring in 5000 rooms in GCC

Emirates Group and Premier Inn, the biggest brand in UK, is expected to include 5000 additional hotel rooms in the Gulf region.

A statement from the Senior Vice-President, Business Development, Derek Swan, said "We are on-track with our plan to include 830 new additional rooms in the market within the next eighteen months, and will launch about 5000 rooms across the GCC in the next five years to come."

"The demand from visitors seeking quality budget hotel accommodation in the UAE is ever increasing with the major tourism developments and booming economy," he added.
Premier Inn has secured a prime location to build hotel, at Abu Dhabi's micro city, comprising residential and commercial towers, retail zones and hotels.

Premier Inn plans to construct the 250 room hotel at a plot situated opposite to the Abu Dhabi National Exhibition Center, taking advantage of the proximity and accessibility of the location to the site where quite a few major events are held. Premier Inn, in the GCC, is a joint venture between Whitbread, the leading hospitality group in UK and the Emirates Group.

PTI Gulf Hotels, the joint venture recently broke ground on its hotel property outside UK at the Dubai Investments Park, and secured about Dh.200 million for financing its first three developments in Dubai.

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