Edamah, Minor Hotels in deal for upscale hotels

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

Bahrain Real Estate Investment Company (Edamah), the real estate arm of Mumtalakat Holding Company, signed a partnership agreement with Minor Hotels, an international hotel owner, operator, and investor, to develop two upscale hotels at Bilaj Aljazayer. Minor International PCL Chairman and Founder, William E. Heinecke, and Edamah Chairman, Khalid Al Rumaihi, were present.

Scheduled to open in 2024, Avani and Tivoli Hotels at Bilaj Al Jazayer will be the first hospitality offerings in the area, undergoing a comprehensive redevelopment. Located on Bahrain’s southwest coast, Bilaj Al Jazayer encompasses 1.3 million square metres of land with a three-kilometre beachfront.

Edamah Chairman, Khalid Al Rumaihi, said: “ The new hotels will play a key role in attracting tourism to the southwest coast of the Kingdom and will offer a unique experience for both the community and its visitors.” E. Heinecke said: “Minor Hotels’ entry into Bahrain is of key importance strategically for the group, strengthening our portfolio in the region and continuing to grow the footprint of the Avani and Tivoli brands.”

Edamah CEO, Amin Al Arrayed, said: “Bilaj Al Jazayer is one of the most exciting projects in our portfolio, which will transform Bahrain’s much-loved beach into a world-class waterfront destination. Having the right partner is crucial to achieving these goals, and we are pleased to work alongside Minor Hotels on this project.”

Dillip Rajakarier, Group CEO of Minor International and CEO of Minor Hotels, said: “It is an honour to be partnering with Edamah to bring these first hotels in the Bilaj Al Jazayer masterplan development to fruition and we look forward to a mutually beneficial partnership in the years ahead.” The new Avani and Tivoli hotels, each with 110 keys, will be located along the main boulevard of Bilaj Al Jazayer, on the waterfront.