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India and Dubai real estate giant,
the Sobha Group, is preparing to build and operate a chain of hotel properties across the Sub Continent,
Middle East and East Africa.
The
group has plans to develop at least 10 five-star properties in the next five years, with two hotels earmarked for Dubai, six for India, and
one each in Oman and Zanzibar.
Ajay Rajendran, Vice
Chairman, Sobha Group, said, “We have been outfitting palace interiors for a long time and know all about creating high-end interiors. Our hands on experience in the
residential and commercial buildings, their planning and building maintenance has given us adequate exposure to
build and operate
concept of Project Management. It is now our aim to transfer our expertise to the hospitality sector, to create a chain of five-star properties
under the brand Sobha Hotels.”
“Sobha Group is all about high quality finishes and on-time completion. These pillars, coupled with Sobha’s unique service delivery, will
make Sobha Hotels an international-standard chain with a very local flavour,” he added.
The
Sobha Group will own, develop and operate all Sobha Hotels. The first Sobha Hotels property is expected to open in 2010. The
group has
plans to develop a portfolio of 2,500 rooms.
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