IHG signs two Staybridge Suites in UAE
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InterContinental Hotels Group (IHG) has signed an agreement Action Hotels to develop two Staybridge Suites in the United Arab Emirates.
Staybridge Suites Ras Al Khaimah, scheduled to open in 2012, is an 80-suite hotel conversion of an existing building located close to the city’s commercial district. Staybridge Suites Abu Dhabi Rawdhat meanwhile, will open in a new area of the UAE capital, close to the airport. The 112-suite new build hotel is scheduled to open in 2014.
Kirk Kinsell, IHG’s President for Europe, Middle East and Africa said; “These new signings reflect our commitment to growth in the Middle East and our confidence in the region. We entered this market more than 50 years ago with the InterContinental brand. Since then we’ve introduced a further four brands, including Staybridge Suites in 2009 which opened on Yas Island, Abu Dhabi.
“The combination of the strength of IHG’s brands, our marketing channels, our scale, size and our people make IHG a compelling investment opportunity. These signings demonstrate the confidence Action Hotels has in us.”
Staybridge Suites are upscale, extended properties offering self-catering facilities for both business travellers and families.
Commenting on the signing, H.E Sheikh Mubarak Abdulla Al Mubarak Al Sabah, Chairman, Action Hotels, said; “We look forward to building on our strong relationship with IHG with the addition of the two Staybridge properties to our portfolio. This brings the number of IHG properties currently under development with Action Hotels to three with the 176-room Holiday Inn Seeb in Muscat, Oman set to open in mid 2012. We believe that the Staybridge Suites brand answers the growing demand for accommodation that is different from a traditional hotel.”
There are currently 188 Staybridge Suites properties around the world and 101 in the development pipeline, including three in the Middle East.
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