6 New Shaza Hotels and expansion plan announced at ATM, AHIC 2016

Independent five-star luxury hotel operator, Shaza Hotels unveiled their forthcoming projects and plans at this year’s editions of the Arabian Travel Market ( ATM; 25th-28thApril) and the Arabian Hotel Investment Conference (AHIC; 26th – 28th April). The first hotel chain to infuse Arabian cultures and values in a contemporary and luxurious setting announced the opening of six new

hotels across the Middle East between 2016 and 2019 in addition to its existing Shaza Al Madina in the Kingdom of Saudi Arabia.

At the Arabian Travel Market, Sheikh Salem bin Ahmed Al Ghazali, Chairman of Golden Group of Companies, and Mr. Salman Al Mohannadi, Chairman of Shaza Hotels also signed an agreement of management for the new ‘Shaza Muscat’ that will comprise of 250 hotel rooms and 150 hotel apartments, as part of a mixed – use development. The hotel will be welcoming its first guests in the third quarter of 2019. The contract was signed in the presence of His Excellency Sheikh Mohammed Bin Abdullah Al Qatabi, Sultanate of Oman Ambassador to the United Arab Emirates, and His Excellency Hadi bin Nasser Mansour Al-Hajri, Qatar’s Ambassador to the UAE, Mr. Simon Coombs, CEO of Shaza Hotels and Mr. Suleiman Al Harthy, CEO of Taameer Investment SAOC, one of Oman's leading investment companies, along with top management of Shaza Hotels, Mr. Sanjiv Malhotra (Executive Vice President) and Mr. Chris Nader (Vice President for Development).