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Park View...new property on Saadiyat

Rotana to operate Abu Dhabi hotel apartments

ABU DHABI, April 23, 2015

Abu Dhabi-based real estate developer Bloom Holding has signed a management agreement with Rotana Hotel Management to operate its 188-key hotel apartments within 'Park View', an upcoming mixed-use development on Saadiyat Island in the UAE emirate.

The agreement was signed by Sameh Muhtadi, CEO of Bloom Holding and Omer Kaddouri, president and CEO of Rotana Hotel Management on the sidelines of Cityscape Abu Dhabi that is underway at the Abu Dhabi National Exhibition Centre.

Due to open in 2017, the hotel apartments feature studios, one- and two-bedroom units and executive apartments. The hotel apartment units will be up for sale within a few weeks.
Muhtadi said: "We are delighted to be partnering with Rotana Hotel Management , which has extensive experience in operating well-established hospitality brands specifically in Abu Dhabi and across the region. This agreement is part of our ongoing efforts to consolidate our hospitality portfolio and expand our footprint in Abu Dhabi's rapidly growing hospitality sector."

Commenting on this announcement, Kaddouri said: "We are very proud to have been selected to manage this superb property which will have a great appeal, particularly among tourists and long stay guests who are looking for the kind of excellent destinations the island represents. Abu Dhabi will remain a focus market for Rotana in the years to come as we move towards our goal of operating 100 hotels by 2020."

Conveniently located close to major road networks linking Abu Dhabi's key tourist destinations in Saadiyat and Yas Islands, the Park View development will also comprise a residential building offering 234 studio , one-, two- and three-bedroom residential units.

Featuring design and architectural elements integral to urban upscale living, the mixed-use development will comprise a range of commercial and leisure facilities including retail outlets, restaurants, as well as an infinity edge pool 30-m above the ground, in addition to a state-of-the art gym and a fitness centre.

Bloom Holding's other hospitality offerings include the 25-storey Bloom Central mixed-use development that will house two properties managed and operated by Marriott International. Currently under construction, the development comprises the five-star 315-room Abu Dhabi Marriott Hotel and the 64-key Marriott Executive Apartments. In addition, Bloom boasts strategically located hotel properties on Reem Island, Abu Dhabi Marina, and Rochester in the US. – TradeArabia News Service




Tags: abu dhabi | Saadiyat | Rotana |

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