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FINANCIAL NEWS
Oman Hotels to get USD 36.34mnn offer for Al Falaj Hotel
28 Dec 2015
(MENAFN) Oman Hotels and Tourism claimed that the company has received an offer of USD 36.34mn to obtain the assets and business of Al Falaj Hotel.
Although the company did not reveal the name of the company that submitted the bid, the board of directors will meet to review the offer.
Moreover, in Oct, Oman Hotels and Tourism’s board settled in principle in favor of a non-binding offer for the attainment of Al Falaj Hotel.
In addition, the company owns and operates a collection of hotels in the Sultanate, including Al Falaj Hotel and Ruwi Hotel in Muscat, Al Wadi Hotel in Sohar.
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