Action Hotels PLC Opening of ibis Styles Manama Diplomatic Area
02 August 2017 - 4:01PM
RNS Non-Regulatory
TIDMAHCG
Action Hotels PLC
02 August 2017
Action Hotels plc
("Action Hotels" or "Action")
Action Hotels opens second hotel in Bahrain, ibis Styles Manama
Diplomatic Area
Action Hotels plc, the leading owner, developer and asset
manager of branded three and four-star hotels in the Middle East
and Australia, is delighted to announce the opening of its second
hotel in Bahrain, ibis Styles Manama Diplomatic Area.
Located in the Bahraini capital's Diplomatic Area, the hotel
comprises 95 rooms including 24 family suites, a restaurant, a
meeting room and a gym. Offering easy access to Bahrain's
International Airport and Bahrain's World Trade Centre, ibis Styles
Manama Diplomatic Area is ideally located in a market where the
demand for economy and midscale accommodation continues to grow.
Bahrain received over ten million inbound tourists in 2016, with
most visitors coming from the GCC(1) . Tourists are attracted to
Bahrain for the weather, unique ambience, diving and water sports,
local culture and the relaxed friendly atmosphere. Bahrain also
enjoys a liberal social climate, good shopping and minimal travel
restrictions.
This is Action's tenth collaboration with AccorHotels and the
second ibis Styles-branded property in Action's portfolio. The
hotel welcomed its first paying guests on 1(st) August 2017 and
early business enquiries have been encouraging. Ibis Styles Manama
Diplomatic Area brings Action Hotels' portfolio to 13 operational
hotels and 2,276 rooms in six countries with the remaining pipeline
set to take Actions' total portfolio past 3000 rooms.
Alain Debare, Chief Executive Officer of Action Hotels
commented:
"We are delighted to announce the opening of our thirteenth
hotel, ibis Styles Manama Diplomatic Area, It is also a new
milestone as this property opening marks our tenth partnership with
AccorHotels. This new hotel is strategically complementary to the
existing ibis Seef in Bahrain. Both hotels are operated under long
term management agreements with AccorHotels and will benefit from
commercial synergies and economies of scale."
Ricardo Rofail, General Manager of the newly opened property
commented:
"Our doors are now officially open for business. We welcome both
corporate and leisure guests from around the world seeking to
experience quality accommodation at an affordable price in the
heart of Bahrain's capital. Through its world-class amenities,
modern-design and internationally renowned services, the ibis
Styles Manama Diplomatic Area will undoubtedly work to bridge the
gap in quality economy offerings in Bahrain."
ENDS
For more information, contact:
Action Hotels PLC Tel: +44 (0) 20 7907
9663
Alain Debare, Chief Executive
Officer
Katie Shelton, Director of
Corporate Affairs
Zeus Capital plc (NOMAD
& Broker)
Dan Bate / Andrew Jones Tel: +44 (0) 16
1831 1512
Victoria Ayton Tel: +44 (0) 20
3829 5000
Camarco (Press enquiries)
Jennifer Renwick / Tom Tel: +44 (0) 20 3757
Huddart 4994
Notes to Editors
Action Hotels PLC
Action Hotels is a leading owner, developer and asset manager of
branded three and four star hotels in the Middle East and
Australia. Established in 2005, Action Hotels currently has 13
completed hotels with 2,276 rooms in aggregate across the Middle
East and Australia, with further properties in development in both
regions.
More information is available at
http://www.actionhotels.com/
(1) Source: Inbound Tourism Statistics 2016, Bahrain Tourism
& Exhibitions Authority
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAOKDDDQBKDBFK
(END) Dow Jones Newswires
August 02, 2017 02:01 ET (06:01 GMT)
Action Hotels (LSE:AHCG)
Historical Stock Chart
From Apr 2024 to May 2024
Action Hotels (LSE:AHCG)
Historical Stock Chart
From May 2023 to May 2024