Regional News

Asaas to build four-star hotel

April 2016

Muscat National Development & Investment Company (Asaas) plans to build a four-star hotel and urban park in Muscat, Oman, which will be managed by Hilton Worldwide under the Hilton Garden Inn brand.

The 232-room hotel will come up on a 16,000-sq-m area in Al Khuwair and is the second mega-project to be launched by Asaas this year, said CEO Khalid Al Yahmadi, adding that it will open in 2019.

“The tourism sector in Oman is a key contributor to the economic growth of the country and has the potential to yield even greater returns aided by strategic investments within its supply chain,” he said.

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