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FINANCIAL NEWS
Abu Dhabi’s Rotana hotels see delay
16 Aug 2011
(MENAFN) Ghazi Awad’s (GA) architect that oversees the Rotana properties, Nabil Reaidy, said that the staled trio of Rotana hotels due to open at Abu Dhabi’s USD2.3 billion Capital Centre development by mid-2012 later than planned, reported Arabian business.
Reaidy also said that the four-star, which is composed by 300-room, Capital Centre Rotana was slated for completion in June, but a series of construction delays has pushed it back to May 2012.
Reaidy added that the Centro Capital Centre Rotana has seen a three-month setback, putting the expected opening date back to January 2012. Also Abu Dhabi hotelier’s third property, the Capital Centre Arjaan by Rotana, has seen building delayed by up to three months.
It is worth mentioning that the hotelier said in June it planned to open 25 mid-market hotels across the Middle East by 2015, in a bid to tap into a growing demand for high-quality but modestly-priced rooms.
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