- Accommodation
Citymax Brand Launches Second Dubai Hotel Landmark Group has opened the second property in Dubai to operate under its Citymax Hotels brand.
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he hotel is the latest in a series of budget hotels that have come online in the Middle East in recent times, including the company’s first property, Citymax Al Barsha. Michael Weyland, general manager of Landmark Group’s hotels division, said the budget hotel market was looking promising, despite sharp declines in occupancy between 2008 and 2009. "We are very excited about Citymax Hotel Bur Dubai entering this rapidly growing market and have already received many online bookings prior to the opening; we are looking forward to
Citymax Hotel Bur, Dubai
welcoming these guests and all of our future visitors,” he said. According to Landmark, Citymax Al Barsha has experienced steadily increasing occupancy rates since it launched in March of this year.
We are very excited about Citymax Hotel Bur Dubai entering this rapidly growing market
ALAQ Breaks Ground on The Waterfront The Waterfront, a luxury resort and residential development near Tripoli, Libya, is officially underway. The project is part of a joint venture, Al-Libya Al-Qataria (ALAQ), between Qatari Diar Real Estate Company and Oyia, a wholly owned subsidiary of Libya’s Economic and Social Development Fund. The centrepiece of The Waterfront will be a five star resort hotel – according to Qatari Diar it will be the first in Tripoli to offer a waterfront location as well as first class amenities. The hotel will feature nearly 300 rooms and suites, accommodating both business and leisure tourists. The Waterfront’s serviced residences will offer luxury villas, maisonettes and apartments. Abdul Aziz Al Theyab, chairman of ALAQ’s board of directors, said the development would target the country’s increasing tourist market. “Libya is one of the fastest growing business and tourist markets in the region, and international travellers are just beginning to learn about its rich history and vibrant culture,” he said. “The Waterfront is a truly unique development in a remarkable Mediterranean setting; we are honoured to bring a new level of world-class accommodation to Libya in partnership with Qatari Diar and Oyia.” The first phase of The Waterfront is expected to reach completion by the end of 2012. 6
NOVEMBER 20, 2010