Additionally, with six more properties planned for Dubai, Jeddah, Al Khobar and Kuwait, Frasers Hospitality is set to double its regional footprint to 13 properties over the next few years.
The recent opening of Fraser Suites Riyadh and soon-to-open Fraser Suites Muscat join existing properties; Fraser Suites Seef, Bahrain, Fraser Suites Diplomatic Area Bahrain, Fraser Suites Doha, Fraser Suites West Bay, Doha and Fraser Suites Dubai.
From now till 2020, the top three regional business travel markets are expected to be the UAE, Saudi Arabia and Qatar.
“It is timely for us to scale up in the Middle East. We have a loyal base of corporate customers and this has contributed to the success of our properties in Bahrain, Doha and Dubai, which are enjoying average occupancies of over 85%,” said Choe Peng Sum, CEO, Frasers Hospitality.