ISSN: 1391 - 0531
Sunday February 10, 2008
Vol. 42 - No 37
Financial Times  

Aitken Spence enters Middle East hospitality industry

Picture shows Oman Hotels and Aitken Spence Directors at the signing ceremony. From left - Dr Rohan Fernando (Director, Aitken Spence), Director from OHTC, Harry Jayewardena (Chairman, Aitken Spence), M. Hameed (Chairman, OHTC), Director from OHTC and J.M.S. Brito (Deputy Chairman/MD, Aitken Spence).

Aitken Spence the country’s leading resort operator, has signed an agreement with Oman Hotels & Tourism Co this week to manage four properties in Oman.

Oman Hotels and Tourism Company's (OHTC) four hotels include Al Falaj and Ruwi Hotel in Muscat, Al Wadi in Sohar and Sur Plaza in Sur.

Until recently the properties were managed by OHTC. The management agreement will add 406 rooms to Aitken Spence's expanding portfolio in Sri Lanka and overseas, the Sri Lankan company said. M. Hameed, Chairman of OHI Group and Director of OHTC, said: "Given the buoyant economic conditions and the importance given to hospitality industry by the Government in the Sultanate, our company sees a bright future in the coming years.

In order to optimize the economic yield from these opportunities and to professionalise its service offering, our company has entered into a management agreement with Aitken Spence to manage its four properties."

 

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