Business | Tourism
Low-cost carrier expands portfolio with budget hotel
Air Arabia, low-cost carrier in the Middle East and North Africa, announced that it has begun construction of the 300-room budget hotel at Sharjah Airport.
- Staff Report
- Published: 14:35 July 27, 2008
Sharjah: Air Arabia, a low-cost carrier in the Middle East and North Africa, announced that it has begun construction of the 300-room budget hotel at Sharjah Airport.
The company also announced that it has appointed Gustav Pegel & Sohn as general contractor for the hotel, which is due for completion in January 2010.
This project follows a management agreement signed last year between Air Arabia and Rotana Hotels, to manage this property under their innovative Centro by Rotana brand, offering affordable, superior-class accommodation and hospitality.
The property, which will include both standard rooms and suites, will offer comfort and convenience for travellers passing through one of the region's fastest-growing airports as well as for visitors to the emirate.
"We are very pleased to commence the construction of the Air Arabia Centro Hotel. This is an important initiative and part of Air Arabia's strategy to grow ancillary revenues," said Adel Ali, Board Member and Chief Executive Officer of Air Arabia.
Business Editor's choice
-
‘Wrong Way' Krugman
The source of our economic malfunction lies with government-mandated bank regulations
-
Greek exit could make Eurozone stronger
Departure will show limits of bailouts and allow remaining members to act much more like a unit
-
UAE upholds values of free trade
Recently released statistics confirm an established fact, namely that of the UAE embracing the free trade principle in general and imports in particular
