Saturday, March 4, 2017

RAK Properties awards InterCon hotel project deal

RAK Properties, a leading property developer based in Ras Al Khaimah, UAE, has awarded a Dh11.5 million ($3.13 million) contract to Al Nuaimi Group for carrying out enabling works at the InterContinental Ras Al Khaimah Mina Al Arab Resort.

Operated under the InterContinental Hotels Group’s (IHG) luxury brand, the 350-key resort, set to open in 2019, will feature a variety of luxury rooms and suites, a health club and spa, two pools, a well-equipped gym, and a number of specialty restaurants.

RAK Properties managing director and CEO Mohammed Sultan Al Qadi said: "Marking the next phase of Mina Al Arab, the InterContinental resort and other planned hotels and resorts are pivotal elements in our grand masterplan."

"As Ras Al Khaimah’s new entertainment and lifestyle hub, Mina Al Arab will feature an array of five-star facilities and entertainment outlets providing visitors and residents with an unparalleled experience of the best Ras Al Khaimah has to offer," he stated.

RAK Properties’ commitment to developing quality communities and hotel properties across the UAE, with a particular emphasis on Ras Al Khaimah, aligns with the country’s various activities and initiatives to attract international visitors, noted Al Qadi.

Once open, the InterContinental Ras Al Khaimah Mina Al Arab Resort and neighboring Anantara Mina Al Arab Ras Al Khaimah Resort, scheduled for completion in late 2018, will support Ras Al Khaimah’s goal of welcoming 2.9 million visitors by 2025, he added.

Mina Al Arab is a vital part of Ras Al Khaimah’s development. The mega development, with an estimated investment of Dh5 billion ($1.36 billion) over the next five years, is situated only 45 minutes from Dubai International Airport.

Its prime location and planned leisure projects will ensure for the success of the announced resorts and future investment opportunities.-TradeArabia News Service



from Travel Tourism Hospitality


Links topic: http://www.wegocasablanca.com/2017/03/rak-properties-awards-intercon-hotel_4.html