Coral Muscat Hotel & Apartments is due for completion by the second quarter of 2014, according to a statement by Hospitality Management Holdings.
Commenting on the property, which is in advanced stages of construction, HMH CEO Laurent A. Voivenel said: “The construction has really picked up pace over the last few months and it is wonderful to see the building taking shape. The developers have done a fantastic job and we are confident Coral Muscat Hotel & Apartments will turn out to be a preferred address for both corporate and leisure travelers to the city”.
Owned by Mustafa Sultan Enterprises LLC, Coral Muscat Hotel & Apartments will be located in Qurum, a 20-minute drive from Muscat International Airport, and in close proximity to diplomatic and commercial buildings.
The four-star property will be part of a shopping arcade and multiplex and features 88 furnished apartments, including 32 one-bedroom and 56 two-bedroom units.
Facilities at the property will include an all-day-dining restaurant, pool deck and lounge, terrace lounge, meeting venues for small to medium sized conferences as well as leisure and fitness facilities such as a fully-equipped gymnasium, aerobics room and swimming pool.
“Muscat is one of the most promising destinations in the GCC and has the strongest performing hotel market in Oman, with occupancy rates exceeding 60% in H1 2013, closely followed by Musandam and Dhofar. We are truly excited to be here and the property represents the success of our brand expansion in the GCC,” added Voivenel.
The hotel is one of five properties scheduled to open this year under the HMH banner and will be a flagship hotel for Coral Hotels & Resorts in Muscat.