FRASERS Hospitality will add three more properties in Oman and Saudi Arabia by next year. This follows the grand opening of its third Middle East property, Fraser Suites Doha, in Qatar yesterday.
Located on the Doha Corniche waterfront, Fraser Suites Doha offers 138 serviced apartments. The property has registered an average occupancy rate of more than 90 per cent since its soft opening last November.
Elsewhere in the Middle East, Fraser Suites has already opened the Fraser Suites Dubai and Fraser Suites Seef, Bahrain.
“With arrivals expected to hit 149 million in the region by 2030 according to UNWTO, the Middle East will continue to be a key growth area for Frasers,” said Choe Peng Sum, CEO, Frasers Hospitality.
“Qatar, with its strategic location and aggressive plans for economic development, is an important piece of that Middle East puzzle. Already the regional hub for conferences and exhibitions, it is expected to be a further catalyst for growth, particularly now with government structures becoming more open and progressive,” Choe added.
Frasers Hospitality's upcoming properties in the Middle East include Fraser Place Suhar, Oman, Fraser Suites Edafah, Al Riyadh and Fraser Suites Edafah, Al Khobar.