Muscat: Singapore’s General Hotel Management (GHM) has signed an agreement with Dubai hotel development and investment company Van de Bunt Partners to launch a brand called Tin Hotels in the Middle East.
“It is our plan to operate at least one hotel in Muscat by 2019,” added Clement Koh, the senior vice president for sales and marketing at GHM.
Speaking to Times of Oman, Koh said that Tin Hotels will operate midscale 4-star hotels. “Additionally, given how well GHM has entrenched itself with the emergence of the award winning Chedi Muscat in 2003, we believe our track record and repute will serve us well in launching this new concept and allowing it to gain credibility and acceptance rapidly,” he said.
However, Koh refused to speak about the investment or where it will be located in Oman. “Tin Hotels will be a yield-driven investment, though it’s not possible for us to share specifics on investment values or locations at this stage, given negotiations that are still ongoing. That said, we’ve chosen Oman’s primary markets for entry, as we feel there’s a niche and demand for such a concept in this market,” he said.
Other than Muscat, GHM is exploring opportunities for two properties in Dubai. Each hotel is likely to host between 200 and 250 rooms.
In addition to the Chedi Muscat, which opened in 2003, GHM also operates properties in Vietnam, Indonesia and Switzerland under the Chedi brand.