R Hotels completes piling stage of Palm Jumeirah property
Ready for second phase of construction by June 2015
AJMAN, UAE (May 31, 2015) – R Hotels, in partnership with Tech Group, announces the completion of the piling and foundation work of its new property in Palm Jumeirah.
Tech Group has completed the piling and groundwork of the AED 10 million (USD 2.7 million) project two weeks ahead of the deadline. The second phase of the construction of the 30,000-square metre resort complex is expected to start by June 2015.
Located at the East Crescent of Palm Jumeirah, R Hotels’ new hotel and resort is expected to open in the last quarter of 2016. It is set to be the first four-star and sharia-compliant hotel and resort at renowned upmarket destination and will feature 253 rooms, a holistic wellness centre, two restaurants and family-friendly recreational facilities.
Samir Arora, VP for Operations, R Hotels, commented: “With the total investment of AED500 million (USD136.2 million), our property at The Palm is one of our biggest development projects to date. Tech Group has done a great job on the project and now that the foundation has been completed, we expect to gain pace in the next stages of the project.”
The Group CEO of Tech Group, Mr. Shiraz Hasan, said, “Our business unit has worked diligently and closely with R Hotels team to complete the assigned task well within time. Since we are expanding our network of operations in Dubai and Abu Dhabi, this project will serve as a significant milestone for Tech Group in the times to come.”
R Hotels’ new hotel and resort, which was first announced in November 2014, will be the group’s sixth property in the UAE. Noting the UAE and Dubai’s tourism vision, Arora added: “The UAE, particularly the emirate of Dubai has witnessed significant growth in the hospitality industry, as confirmed by the surge of tourists and additional number of rooms in the pipeline. R Hotels aim to maximize this opportunity by offering reasonably-priced yet high-quality hospitality product to the growing and diverse markets in the emirate.”
About R Hotels
R Hotels is the hospitality management division of the Ajman-based R Holding. Established in 2008, the company presently owns, operates and manages four hotels across the UAE – Ramada Hotel and Suites Ajman, Ramada Beach Hotel Ajman, Ramada Downtown Dubai and Hawthorn Suites by Wyndham. R Hotels aims to grow its business by developing and acquiring new hotels in key locations, and establishing suitable franchise affiliations. The company takes pride in its professional and efficient management team and hotel staffs, and confirms its positive stature in the hospitality sector with its high-quality accommodation and facilities, matched by top notch service.