Pan Gulf Hotel Suites Opens in Sharjah |
|
Network this!
Luxury commercial hotel targets GCC market, plans to open two more hotels in Dubai & Sharjah
Sharjah, UAE - 04 June 2006 - Property company Pan Gulf Investments Real Estate ventures into the hotel business by launching Pan Gulf Hotel Suites, a luxury hotel apartment located in Sharjah.
Shajah's hotel industry currently benefits from Dubai's growth due to its proximity to the latter. The emirate is also known in the region for its museums, art galleries and restored heritage sites because it offers an Arabian and Islamic culture, making it an attractive destination to GCC nationals.
Pan Gulf Investments Real Estate is scheduled to open two more hotels in Dubai and Sharjah, respectively, before the year ends with total investment amounting to AED 10 million.
Pan Gulf Hotel Suites Finance Director Mr. Jagdish Janey says, "Our parent company Pan Gulf Investments Real Estate has successfully managed various leasing and construction projects in the past 20 years. Having worked closely with the hospitality sector, they are fully aware that hotel operation is a very lucrative business. Since there is quite a shortage in quality hotels here in Sharjah, they decided to invest here initially, with the GCC nationals as main target market."
With 50 fully furnished apartments, a choice of one or two bedroom apartments, Pan Gulf Hotel Suites is strategically located in the heart of Sharjah, near the main tourist attractions and shopping areas. The 10-storey building is also within 12 minutes from Dubai Airport and can be reached in 15 minutes from Sharjah Airport.
Mr. Janey further explains, "Sharjah has recently launched a global marketing campaign to attract more tourists, which would definitely result to an increase in demand for the hospitality sector. We are also projecting a hotel boom in Sharjah in the next few years because of the influx of tourists who will find our rates more competitive as compared to Dubai's."
-Ends-
© Press Release 2006
Comment on this article 
Loading ...-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
from issuers in both public and private sectors. It is not an e-tendering service and is entirely FREE.
As an Issuer, you can benefit from posting an unlimited number of Tender
Notices for FREE and reaching out to an online community of bidders.
The service also offers you a tool to track the interest of bidders to your
tenders 'live' online.
| Tender Notice | Due Date |
Stories
Companies
| Company Name | Country | Industry |
| Saudi Binladin Group | Saudi Arabia | Construction and Design |
| Consolidated Contractors Company | Overseas | Construction and Design |
| Saudi Electricity Company | Saudi Arabia | Electric Utilities |
| Dodsal Engineering and Construction | UAE | Construction and Design |
| Saudi Telecom | Saudi Arabia | Telecommunications Services |
| Emirates Telecommunications Corporation | UAE | Telecommunications Services |
| Al Azizia Panda United Company | Saudi Arabia | General Retailers |
| Agility Public Warehousing Company | Kuwait | Transportation Services |
| Hyundai Engineering and Construction Company - Saudi Arabia | Saudi Arabia | Construction and Design |
| Saudi Basic Industries Corporation | Saudi Arabia | Petrochemicals |
Projects
| Project Name | Country | Sector |
| Takreer - Ruwais Refinery Expansion | UAE | Oil and Gas |
| ENEC - Nuclear Power Plant | UAE | Power and Water |
| Emirates Aluminium (EMAL) - Smelter Complex - Phase 1 | UAE | Industry |
| SATORP - Jubail Refinery and Petrochemical Complex | Saudi Arabia | Oil and Gas |
| Dubai RTA - Dubai Metro | UAE | Infrastructure |
| Qatar Foundation - Sidra Medical and Research Center | Qatar | Real Estate |
| ADNOC/ConocoPhillips - Sour Gas Fields Development - Shah Field | UAE | Oil and Gas |
| SATORP- Jubail Refinery and Petrochemical Complex - Conversion Unit and Sulphur Package (Part 2) | Saudi Arabia | Oil and Gas |
| Abu Dhabi DOT - Abu Dhabi Metro | UAE | Infrastructure |
| Takreer - Ruwais Refinery Expansion - Offsites and Utilities Package | UAE | Oil and Gas |