Deal signed for AED120m Novotel Sharjah Expo
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A formal agreement to build the AED120 million Novotel Sharjah Expo, an exclusive business hotel, has been signed between Sheikh Sultan bin Ahmed Al Qasimi, chairman of Basma Group and Günther Hinterberger, managing director of Klampfer Middle East.
The deal was signed this week in the presence of His Highness Sheikh Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of United Investment, and Khalifa Al Shaibani, director-general of United Investment.
The Novotel Sharjah Expo is being developed under the directives of His Highness Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and will serve as the official hotel of Expo Centre Sharjah, which boasts a busy calendar of events and activities throughout the year. The upcoming hotel is being seen as a new milestone for business and MICE tourism in Sharjah.
Sheikh Al Qasimi said: “We in Sharjah are constantly striving, under the guidance of His Highness Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, to improve our emirate in a way that makes it keep pace with changing times and represent a beacon of modernity and authenticity at the same time. It is this endeavor that spawned the idea to build Novotel Sharjah Expo.”
The 200-room Novotel Sharjah Expo will be managed by Accor Hotel Services Middle East. It will be strategically located close to Sharjah Chamber of Commerce and Industry and Dubai, as well as to the vital leisure areas in Sharjah. The hotel will feature a business centre with workstations and two meeting halls.
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