THE DUBAI GUYS
September 14th, 2010, 07:37 AM
Al Rostamani Pegel bags Dh700m hotel project
Marriott International to run Dubai property being built for Nilona Holding
* Staff Report
* Published: 00:00 September 14, 2010
* Gulf News
Dubai" Al Rostamani Pegel (ARP), a member of Al Rostamani Group, on Monday said it has been awarded a project for the construction of a hotel and hotel apartments by Nilona Holding, a member of the Onyx Group.
The hotel and hotel apartments will be operated by Marriott International.
Valued at Dh700 million, Marriott Hotel & Marriott Executive Apartments will be located in Dubai Healthcare City Phase II, and will house 24 storeys, ground floor and 3 basement floors for parking. The tower will feature 352 guest rooms, 128 serviced apartments, comprehensive health and fitness facilities.
"Guests and residents will also have an array of nutritious gourmet dining and be surrounded by spectacular scenery," a spokesperson said.
Onyx Group is engaged in diverse business activities in UAE and Sri Lanka.
"The launch of Marriott Hotel & Marriott Executive Apartments is a step towards harnessing the synergies of Nilona and Al Rostamani Pegel, bringing them together in a fruitful business partnership," said Nandana Lokuwithana, Chairman of the Onyx Group. "The Marriott Hotel and Marriott Executive Apartments will offer business and leisure travellers the ultimate experience in luxury that is characteristic of all Marriott hotels, making it one of the most sought-after destinations for guests."
Work under way
Construction has already begun, and the expected date of completion of the hotel tower is January 2012.
"This contract further adds to our reputation as a company that undertakes high-quality construction projects," said Rolf Weber, Executive Director, Al Rostamani Pegel. "We are pleased to be involved in this project and are committed to provide our best services at agreed time frames to our client.
Al Rostamani Pegel, a civil engineering and construction firm, commenced operations in 1999 as a joint venture between Al Rostamani Group and Gustav Pegel and Sohn, a German construction company.
By 2002 the ongoing successes led to the company's transformation from project management to become a full-fledged construction company, wholly owned by the Al Rostamani Group.
In the last few years, it has executed several high-rise buildings which adorn the skyline of Dubai, including the Tamani Hotel Tower, Roshana Tower, 21st Century Tower and many more.
The 21st Century Tower in Dubai, which was launched in 2004 found mention in the Guinness Book of World Records as the world's tallest residential tower for about 3 years.
Marriott International operates more than 3,400 lodging properties in 68 countries and territories, including six properties currently operating in Dubai.
The company is headquartered in Bethesda, Maryland, USA and had approximately 137,000 employees at 2009 year-end.
http://gulfnews.com/business/construction/al-rostamani-pegel-bags-dh700m-hotel-project-1.681636
R
Marriott International to run Dubai property being built for Nilona Holding
* Staff Report
* Published: 00:00 September 14, 2010
* Gulf News
Dubai" Al Rostamani Pegel (ARP), a member of Al Rostamani Group, on Monday said it has been awarded a project for the construction of a hotel and hotel apartments by Nilona Holding, a member of the Onyx Group.
The hotel and hotel apartments will be operated by Marriott International.
Valued at Dh700 million, Marriott Hotel & Marriott Executive Apartments will be located in Dubai Healthcare City Phase II, and will house 24 storeys, ground floor and 3 basement floors for parking. The tower will feature 352 guest rooms, 128 serviced apartments, comprehensive health and fitness facilities.
"Guests and residents will also have an array of nutritious gourmet dining and be surrounded by spectacular scenery," a spokesperson said.
Onyx Group is engaged in diverse business activities in UAE and Sri Lanka.
"The launch of Marriott Hotel & Marriott Executive Apartments is a step towards harnessing the synergies of Nilona and Al Rostamani Pegel, bringing them together in a fruitful business partnership," said Nandana Lokuwithana, Chairman of the Onyx Group. "The Marriott Hotel and Marriott Executive Apartments will offer business and leisure travellers the ultimate experience in luxury that is characteristic of all Marriott hotels, making it one of the most sought-after destinations for guests."
Work under way
Construction has already begun, and the expected date of completion of the hotel tower is January 2012.
"This contract further adds to our reputation as a company that undertakes high-quality construction projects," said Rolf Weber, Executive Director, Al Rostamani Pegel. "We are pleased to be involved in this project and are committed to provide our best services at agreed time frames to our client.
Al Rostamani Pegel, a civil engineering and construction firm, commenced operations in 1999 as a joint venture between Al Rostamani Group and Gustav Pegel and Sohn, a German construction company.
By 2002 the ongoing successes led to the company's transformation from project management to become a full-fledged construction company, wholly owned by the Al Rostamani Group.
In the last few years, it has executed several high-rise buildings which adorn the skyline of Dubai, including the Tamani Hotel Tower, Roshana Tower, 21st Century Tower and many more.
The 21st Century Tower in Dubai, which was launched in 2004 found mention in the Guinness Book of World Records as the world's tallest residential tower for about 3 years.
Marriott International operates more than 3,400 lodging properties in 68 countries and territories, including six properties currently operating in Dubai.
The company is headquartered in Bethesda, Maryland, USA and had approximately 137,000 employees at 2009 year-end.
http://gulfnews.com/business/construction/al-rostamani-pegel-bags-dh700m-hotel-project-1.681636
R