InterContinental to go ahead in Ras Al Khaimah
Rak Properties inks deal for new InterContinental to go ahead in Ras Al Khaimah.
Rak Properties has signed a Dh11.5 million (US$ 3.1 milion) contract with Al Nuaimi Group to embark on the implementation phase of its upcoming InterContinental Mina Al Arab Resort project in Ras Al Khaimah, according to Gulf News.
Rak Properties managing director and CEO Mohammad Sultan Al Qadi said the InterContinental Mina Al Arab Resort, as well as other resorts and hotels that will be constructed in Ras Al Khaimah, are essential elements of the emirate's master plan. Ras Al Khaimah aims to attract more than 2.9 million visitors by 2015.
The resort, to be operated by IHG, is set to open in 2019 and will include 350 rooms, luxury suites, health club, spa, two swimming pools, a gymnasium as well as several restaurants.