Golden Group Holding, a Oman-based group with interests in real estate, hospitality, construction and energy sector, has join hands with leading hospitality group Rotana to build a new luxury hotel in Muscat.

The Al Mouj Rayhaan by Rotana will be located within the landmark Al Mouj development, an integrated tourist complex spread along a stunning 6-km-long stretch of Muscat’s coastline and comprising a mix of hotels, luxury residential properties, retail and dining facilities and a private yachting hub in addition to Oman’s only signature PGA-standard 18-hole links golf course, designed by legendary golfer Greg Norman.

Located in a prime seafront location designed to meet diverse guest needs, the property will feature 250 rooms, suites and apartments along with world-class amenities and services. It is scheduled to open before 2020.

The agreement was signed by Nasser Al Nowais, chairman of Rotana, and Sheikh Salim bin Ahmed Al Ghazali, chairman of Golden Group Holding, at a ceremony held on the sidelines of the Arabian Travel Market (ATM) 2017, the region’s premier travel and tourism event in Dubai.

Maitha Al Mahrouqi, undersecretary, Oman Ministry of Tourism; Dr. Khalid Said Al Jaradi, Ambassador of Oman to the UAE; Shaikh Salem Samhan Al Kathiry, manager of the commercial office of Oman in Dubai, and senior executives from both Rotana and GGH were also present.

The management agreement for Al Mouj Rayhaan by Rotana further strengthens the strategic relationship between Rotana and GGH; the two companies had earlier in 2015 signed an agreement for the development of five new hotels in Oman.

"The agreement marks the continuation of our valued partnership with GGH," remarked Nasser Al Nowais, chairman of Rotana.

"Once complete, Rotana’s upcoming properties in Oman will add more than 1,600 keys to our existing inventory of 400 rooms in the sultanate, bringing the total tally to over 2,000 rooms," he stated.

"More importantly, these projects will bring significant economic benefits for Oman and create hundreds of new jobs for Omani nationals, while providing a new level of guest experience to visitors to the Sultanate," added Al Nowais.

Sheikh Salim said: "GGH’s investment in Rotana hotels coincides with the opening of the new Salalah International Airport and the final stage of completion of the Muscat International Airport, which will significantly increase the number of flights coming to Oman."

"Rotana is one of the most renowned hotel management companies in the region and our strategic collaboration with them will ensure that our hotels maintain the highest quality and service standards,” he added.-TradeArabia News Service