UAE-based R Hotels to take on management projects
The company is now open to managing properties for other owners
R Hotels, the company managing seven properties for its parent company and hotel owner R Holdings, is now open to third-party management.
The decision to launch Ajman-based R Hotels in 2008 came after R Holdings went through a few ‘hiccups’ in the third-party management model, according to Sumair Tariq, managing director of R Hotels.
Today, the company owns and operates seven properties in the country including Ramada by Wyndham Downtown Hotel, Ibis Styles Jumeirah, The Retreat Palm Dubai MGallery by Sofitel and Ramada Beach Hotel Ajman.
While R Hotels was launched to manage properties for R Holdings, the management wing of the business is planning to embark on management projects for other owners, Tariq said.
“This [management projects] is something we have looked at and are at a stage where we can expand. We had some opportunities to manage hotels for other owners before, but declined. We were growing fast and were in the process of streamlining our own procedures.”
The company is now open to third-party management given they find the right properties to partner with, that tie in well with the brand equity that R Hotels has built.
“We are a well-respected brand. Whenever we associate ourselves with other entities, we want to ensure the relationships are for the long-term,” he said.
Among the seven properties under R Hotels’ portfolio, the company built four hotels and acquired or rebranded three.