Swiss-Belhotel eyes major hotel expansion in Gulf
Chairman Gavin Faull expecting economic upturn on the back of major projects
Swiss-Belhotel International group is planning to expand further in the UAE and other GCC countries to take advantage of a steady growth in the tourism sector in the region, its chairman and president Gavin Faull has revealed.
He said the group had already strengthened its presence in the UAE, Saudi Arabia, Qatar, Kuwait and Oman and that it would push ahead with expansion in the region.
Faull added thath the group expects an economic upturn in the near future in the region due to "massive projects".
He also commented that the Hong Kong-based group would open new hotels in 2015 in the Gulf and other countries of the Middle East.
"Swiss Belhotel is one of the strongest hotel groups in some countries including China, the Philippines, Indonesia and the Far East... we found it important to take the initiative to expand in the Middle East," he said.
In 2015, the group intends to open Swiss Belhotel Alghabra in Muscat and Swiss Belhotel Erbil in Iraq's Kurdistan, he said, adding that there are also plans to expand in other countries, including Egypt and Turkey.
Swiss Belhotel International already has nearly 120 hotels and resorts worldwide including China, Vietnam, the Philippines, Indonesia, Australia, New Zealand, UAE, Kuwait, Qatar, Bahrain, Saudi Arabia, Oman and Iraq.