State of Qatar: Corinthia Hotels has signed an agreement with United Development Company (UDC) to manage and operate a luxury 110-bed property constructed by UDC in Doha.
Corinthia Doha will be built on an area of 13,000 square metres in Gewan Island, and will include a banquet hall with an outdoor, 1000-person capacity patio.
An all-day dining and specialty restaurants, in addition to a spa facility, will be incorporated onsite, whereas branded villas, a golf course, and a beach club are all to be included in the wider development to be managed by the Corinthia Hotel.
Simon Naudi, CEO of Corinthia Hotels, said: “We are delighted to have signed an agreement with UDC to manage a luxury hotel in Gewan Island which promises to be a magnificent location. The energy, vision and quality of resources assembled by UDC for this project will ensure that Corinthia Doha will be another landmark property that will enrich our portfolio and will equally add value to Doha’s hospitality offerings.”
UDC chairman, Turki bin Mohammed Al-Khater, added: “Driven by UDC’s mission and vision, the agreement with Corinthia Hotels lays solid foundations for UDC’s expansion plans through investments in vital sectors such as real estate and hospitality that aim to optimise and sustain good shareholder value. This is further evidenced by the growth witnessed in the tourism movement in Qatar as a result of recent various government incentives, which in turn bodes well for UDC’s planned developments in its flagship projects; The Pearl-Qatar and Gewan Island.”
Gewan Island, UDC’s latest real estate project, is situated next to The Pearl-Qatar – an artificial island spanning nearly four square kilometres.
Once completed, the island will accommodate 3,500 residents and will be home to 714 residential units, including 641 apartments, 20 standalone villas, as well as 21 beachfront villas and 26 waterfront villas, and 11,000 square meters of retail spaces with several multi-use buildings.
