Coral Hotels & Resorts Flags its First Hotel in Abu Dhabi with the Grand Inauguration of Liwa Executive Suites

Coral Hotels & Resorts Flags its First Hotel in Abu Dhabi with the Grand Inauguration of Liwa Executive Suites. End Quote

(1888PressRelease) May 17, 2011 - Coral Hotels & Resorts unveiled its first hotel in Abu Dhabi at an exclusive press conference hosted by Mr Abdulla Nasser Bin Huwaileel Al Mansoori, Chairman, Al Nasser Holdings and Mr Michel Noblet, President & CEO, HMH - Hospitality Management Holdings. The hotel was inaugurated by H.H. Sheikh Sultan bin Tahnoon Al Nahyan, Chairman of Abu Dhabi Tourism Authority and H.E. Mubarak Al Muhairi, Director General, Abu Dhabi Tourism Authority.

Speaking to the select journalists Mr Mansoori said, "We are proud to announce the opening of Liwa Executive Suites that has been envisaged to provide an intimate and personalized experience to guests. We believe it will be among the most desired addresses for travelers seeking a deluxe boutique hotel. Coral Hotels & Resorts is an excellent brand and we are glad to have it as an operator of this plush property."

Added Mr Noblet: "Opening our first hotel in Abu Dhabi is a true milestone for our group and will strengthen and reinforce our presence in the UAE. Abu Dhabi is fast emerging as a business and cultural epicenter of the region with tourism in the capital set to grow to 2.7 million visitors per year by 2012.

"Liwa Executive Suites is a fabulous addition to our impressive portfolio of hotels and is sure to set a new standard in boutique hospitality. We are proud to fly the Coral flag at this premium boutique hotel. At the same time we are thrilled to partner with Al Nasser Holdings that shares our brand's focus on customized service and superior product and marketing."

Conveniently located in the heart of Abu Dhabi within close proximity of Abu Dhabi Mall, Cultural Foundation, Petroleum Exhibition and Zayed Heritage Village, Liwa Executive Suites features 54 ultra luxurious suites equipped with the finest facilities and lavish amenities. Whether you are travelling for work or pleasure, delightful attention to detail and superior service provides you an extraordinary setting. As soon as you walk through the doors of the hotel you know you are somewhere special. State-of-the-art fitness centre, beautiful rooftop swimming pool, superb meeting facilities for up to 50 people and excellent dining make for a memorable stay.

Mr Amr Hamed, the manager of the hotel said, "Liwa Executive Suites has been carefully crafted with well-travelled individuals in mind and caters to our guests with sophistication, taste and care. It has been designed to offer a truly unique experience."

Abu Dhabi is on track to receive 3.3 million visitors a year by 2013, making it one of the most fertile markets for hotel operators and developers. The city aims to lure 7.9 million tourists per year by 2030 (in line with the Abu Dhabi Economic Vision 2030), from a projected base of 4.9 million in 2020. Meanwhile, hotel rooms in the emirate are forecast to rise to 21,000 in 2013, 49,000 in 2020, and 74,000 by 2030.

Coral Hotels & Resorts is a formidable player in the hospitality sector in the region. The brand has rapidly built a footprint not only in well-known commercial centres but also in emerging urban cities. The opening of Liwa Executive Suites is part of HMH's strategic expansion plan that includes adding more than 2000 rooms to its existing supply before the end of the year.

Mr Noblet said, "With a strong presence in key markets such as Saudi Arabia, Qatar, Lebanon, we have successfully made our mark in the region. Our rapid expansion highlights the success of our distinctive positioning in the highly challenging economic scenario."

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