Kempinski says will be back in Bahrain
Manama, March 28, 2014
Kempinski Hotels hope to find another location in Bahrain after the deal to manage its current property at Bahrain City Centre ends this year, said a report.
The Gulf Daily News, our sister publication, had reported on Wednesday that Kempinski's agreement with the Majid Al Futtaim Group to manage its existing location would end at midnight on June 30.
Majid Al Futtaim wants to replace the Kempinski Grand and Ixir Hotel with two separate hotels under a two-brand strategy designed to maximise profit, especially with two towers available for guests.
However, Kempinski Grand and Ixir Hotel general manager Puneet Singh said Europe's oldest luxury hotel group hoped to return to Bahrain in "an appropriate location at an appropriate time".
Kempinski also continues to manage its assets in Dubai, and are in negotiations for other projects around the Middle East and Africa, he said.
In the UAE Majid Al Futtaim has hotel management agreements with the Accor Group and Starwood Hotels and Resorts Worldwide.
Accor's hotel portfolio includes Sofitel, Pullman, Grand Mercure, Novotel, Suite Novotel, Mercure, Adagio and Hotel F1, while Starwood operates St Regis, The Luxury Collection, W, Westin, Le MŽridien, Sheraton, Four Points by Sheraton, Aloft and Element hotels.-TradeArabia News Service