Refad aims for 30 hotels in five years

The iconic Monarch Dubai

KUWAIT’S Refad Hotels & Resorts is rapidly becoming a major player in the Middle East hospitality market with a growing portfolio of five-star properties across the GCC.

Refad Hotels & Resorts has five international properties in operation and a further six under construction.
It plans to acquire 30 new properties over the next five years.
It currently has properties in Germany, Kuwait and Lebanon, with their flagship hotel, The Monarch Dubai, due to open later this year. On the drawing board is a second Monarch on the iconic Oqyana (Australasia) island group as part of The World offshore development in Dubai.
Refad Hotels & Resorts chairman Waleed Al-Humaidhi said the head office in Kuwait provides hotel management, development, ownership investment as well as financing worldwide.
“The inspiration behind the foundation of Refad Hotels & Resorts is the introduction of a new living concept that reflects and answers the growing global trend towards the specialization of hospitality products,” he said.
“Our unifying aim is the provision of exceptional hospitality services to corporate individuals and groups, ensuring that the Refad brands are recognized globally as being synonymous with absolute excellence.”
Refad Hotels & Resorts provides and manages a range of hospitality solutions through innovative hotel brands. All are being showcased at WTM this month.
“The Monarch is the crown jewel in our range, offering unsurpassed personal service in very luxurious surroundings for the most discerning business and leisure travelers,” said Al-Humaidhi. “Refad Hotels & Resorts provide the ideal environment for total relaxation and privacy; each with its own unique character and locally-inspired décor, while the facilities and services are unsurpassed.”