Oman's Taameer launches hotel at 'The Wave'
Construction of 200-room project to begin in third quarter of 2014
Oman’s Taameer Investment has launched a 200-room hotel project at “The Wave” development in Muscat.
Construction of “The Wave Plaza Hotel”, which will consist of 200 hotel rooms and suites, is due to start in the third quarter of 2014.
The hotel will also include a number of restaurants, business centre, multi-function rooms, rooftop recreation facilities and fitness centre.
Shaza Hotels, a chain of Kempenski group, has signed an agreement with Taameer to manage and operate the hotel.
Speaking at a launch ceremony which took place at Grand Hyatt, Muscat, Hawazen Esber, CEO of The Wave, Muscat, said: “The Wave Plaza Hotel will be an additional tourism component in our world-class destination adding to the vibrant harbour-side piazza. The prime location of the hotel on the marina-end of the main boulevard will enhance our new retail precinct, ‘The Walk’, which opens next month.”
Suleiman bin Masoud al Harthi, CEO of Taameer Investment, added: “The company`s investment in this vital project comes after a careful study and conviction of attractive investment climate in Muscat, particularly the tourism sector is growing steadily and the demand for four-star hotel is rapidly increasing.
"The launch coincides with the completion of the first stage of the expansions of Muscat International Airport. This expansion will make a quantitative leap in the number of flights coming to the Sultanate of Oman and this requires sufficient increase in the number of tourist guest rooms in Muscat.”