Tuesday, July 23, 2019

In focus


H Hospitality to debut in Bahrain
July 2019 603

Last month, GFH Financial Group announced the signing of an operation agreement with H Hotels& Resorts Management (H Hotels) for an exclusive, new five-star hotel and residences project. GFH is the key name behind Bahrain’s popular Al Areen Palace & Spa.

Currently under development at the landmark Harbour Row waterfront project located in the heart of Manama, the 102-key project will open in the first quarter of 2020.

The move will mark H Hospitality Collection entrance into Bahrain, adding to the UAE-based company’s growing collection of luxury hotels and resorts internationally including: The H Dubai, The H Resort Seychelles, CentreVille Hotel & Experiences Montenegro and Villa Diyafa in Morocco. Other properties in the company’s portfolio also include Le Meridien Fisherman’s Cove in the Seychelles and two hotels under construction in Mecca and Abu Dhabi.

The hotel and residences will boast a host of world-class facilities including stylish restaurants, meeting rooms, pool, gym and other lifestyle amenities set to attract and satisfy the most discerning visitors and buyers. Being designed and completed to the most exacting standards, nearly 60 per cent of the work on the hotel property has now been concluded along with the rapid overall progress across the development’s East and West side residential towers consisting of 322 apartments and accompanying vibrant retail and commercial hubs.

Hisham Al Rayes, CEO of GFH, said: “We are delighted to announce this agreement with H Hotels, who have built a world-class portfolio of well-known properties and brands and a strong track record of distinction across international markets. We are especially pleased that Harbour Row will mark their first property in the Kingdom of Bahrain, both benefiting from and supporting Bahrain’s vision to further elevate its position as a leading regional tourism and leisure hub through the addition of new, exciting properties and lifestyle destinations like the H Hotel at Harbour Row. As we swiftly move ahead with the hotel towards completion, we are pleased to offer both residents and investors a unique opportunity to purchase these exclusive branded hotel apartments, which we expect to create strong value and returns given the prime location and anticipated high levels of occupancy.”   




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