Oberoi to run hotels in Abu Dhabi, Dubai
Indian hotel developer Oberoi Group will run two hotels in Abu Dhabi and Dubai to tap the growing Middle East tourism market.business Updated: Jun 01, 2007 12:24 IST
Indian hotel developer Oberoi Group will run two hotels in Abu Dhabi and Dubai to tap the growing Middle East tourism market.
Oberoi will manage a city hotel as well as one resort property in the UAE capital, while the company has signed an agreement for a hotel in Dubai, which is part of a 800- million-dirham property project being developed by Rani International, a part of Saudi Arabia-based Aujan group, in Business Bay.
Oberoi Group Chairman PRS Oberoi told Gulf News that the company's development plans are focused on the Middle East and Asia.
It has 32 hotels in five countries and is planning to open new properties in several locations, including Marrakesh, Muscat, the Maldives, Cambodia and Thailand.
"It is very difficult to make a target. You have to have the right partner, the right location, and the right market. We are only going to build luxury hotels, and not big ones," Oberoi said.
With the Indian economy growing fast, Oberoi is looking at a number of new sites in India cities, including Hyderabad, Pune, Bangalore, New Delhi and Mumbai.
It currently has 11 brand hotels in India.