Business | Tourism

Coral soft launches its latest property

Coral Hotels and Resorts, a home-grown hotel chain, soft launched its latest property in Dubai yesterday, taking the number of hotels to 16 in less than six years - making it one of the fastest growing hospitality chains in the region.

  • Staff Report
  • Published: 23:35 January 5, 2009
  • Gulf News

Dubai: Coral Hotels and Resorts, a home-grown hotel chain, soft launched its latest property in Dubai yesterday, taking the number of hotels to 16 in less than six years - making it one of the fastest growing hospitality chains in the region.

The newly-opened Coral Al Khoory Hotel Apartments is located within walking distance of the Mall of the Emirates and is Coral's third property in Al Barsha.

Coral Al Khoory Hotel Apartments celebrates its soft opening with an introductory 50 per cent discount on rack rates.

Michel Noblet, CEO of Hospitality Management Holdings (HMH), said: "Like our other hotels, this stylish new property has been specially designed to suit business travellers and tourists alike providing cutting-edge international hospitality standards and services. In addition, it offers the ultimate convenience and easy accessibility to the city's key business and tourist landmarks."

According to industry experts, strong economic growth in the Middle East, coupled with the huge potential for expansion in the tourism industry over the next few years, will create a significant demand for hotel rooms throughout the Gulf.

Dubai plans to treble the number of hotel beds from the current 44,000 - many of them five-star - to 127,000 by 2016. The number of hotels and hotel apartments is expected to increase from 452 in 2007, to 488 by 2010, and to 554 by 2016.

The hotel features 144 spacious and luxury apartments, ranging from studios to one, two and three bedrooms, each apartment is beautifully decorated.

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