Cayan Group, a major property developer in the Middle East, has appointed Rotana Hotel Management as the hotel operator for the Cayan Arjaan Hotel Apartments project.
Furthermore, Shapoorji Pallonji International has been appointed as the main contractor for the project with construction works set to commence.
The press conference, where the announcement was made, was attended by Ahmed Alhatti, chairman of Cayan Group; Nasser Nowais, chairman of Rotana; Omer Kaddouri, president and CEO of Rotana; Mohan Saini, MD & CEO of Shapoorji Pallonji International, and Ziad Kanaan, real estate director of SHUAA Capital.
The project partners came together at the conference to also discuss the importance of the leisure and hospitality sector around the GCC countries, the untapped opportunities still available around the region, and to emphasize the importance of quality and precision in creating a rewarding and lasting brand experience, especially in the midst of low oil revenues, and efforts toward economic diversification plans.
Cayan Cantara’s hotel apartment tower will function under Rotana’s Arjaan brand.
Nasser Nowais, chairman of Rotana, said: “We are excited to partner with Cayan Group on yet another one of its iconic masterpieces.”
Mohan Saini, MD & CEO of Shapoorji Pallonji International, said: “Developing Cayan Cantara will be an exciting project.”
Ziad Kanaan, real estate director of SHUAA Capital, said: “Cayan’s ability to regularly deliver high-quality, institutional grade real estate projects is a testament to their capabilities in this market place.”
Ahmed Alhatti, chairman of Cayan Group, said: “It’s a great feeling to work with such renowned brands in the hospitality and construction sectors.”
The project comprising of two towers, the residential and hotel apartment tower will include more than 700 units in the form of studios, apartments ranging from one-bedroom to three-bedrooms, and penthouses.
Cayan Cantara is stated to be at an ideal location for sustaining a fulfilling lifestyle.
Source: Arab News
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