Middle Eastern hotelier, the Rotana Group, announced it will increase its portfolio, bringing its total number of properties to 68 by 2012. The hotel management company has so far signed new management agreements for properties in Qatar, Cairo, Jordan, Iraq, Oman, Saudi Arabia, and the UAE.
Rotana’s CEO, Selim El Zyr, said “This is part of our strategic aim to have a property located in every key city in the Middle East and North Africa and this goal is being steadily achieved through careful long-term planning and timely action.” Rotana plans to open ten hotels every year for the next four years. By 2012, seventeen properties will be opened in Saudi Arabia, eight properties will be opened in Abu Dhabi, five in Egypt, and three in Dubai, two in Amman, two in Sharjah, one in Bahrain, one in Baghdad, one in Beirut, one in Erbil, one in Homs, one in Fujairah, one in Ras Al Khaimah, one in Salalah, and one in Sohar.