Hospitality Management Holding (HMH) has announced the signing of a management agreement for an environmentally responsible property in the UAE under its ECOS Hotels property.
The announcement was made at Arabian Travel Market (ATM) which is taking place at Dubai World Trade Centre (DWTC) until Wednesday, 25 April.
Brett Schafer, chief executive officer of Faisal Holding (which owns HMH together with Manafa) said: “With the intent of developing a strong pipeline in the hospitality sector we look forward to more opportunities to strengthen our existing brands as we achieve greater recognition in the Middle East & North African markets.
“The new property being developed in the UAE will be the first ECOS in our portfolio, marking the debut of our eco-conscious practices in the hospitality sector. We are confident that with HMH’s hospitality expertise, the new ECOS will make for a competitive new attraction and prove to be a very important asset for HMH and the communities in which we operate.”
Aboudi Asali, chief executive officer of HMH, said: “HMH’s new property further underlines the group’s commitment to grow in the UAE, which is a very strategic market for us, as well as the wider GCC and MENA regions. We are thrilled to present the group’s first environmentally responsible chain of hotels through the ECOS Hotel, designed for the new world. The sustainable design philosophy of ECOS Hotels will enhance our already impressive portfolio.”
The 320-key ECOS Hotel will be located in Al Furjan, Dubai and is due to open before 2020 in preparation of the EXPO 2020.
ECOS Hotel will bring the portfolio of HMH to 18 managed hotels.