INTERVIEW-Shaza Hotels to expand aggressively across GCC, eyes Iran

Photo: Mysk Al Mouj in Muscat, Oman, is scheduled to open in March 2017 / Courtesy Shaza Hotels

DUBAI - Shaza Hotels, an affiliate of Kempinski and a member of the Global Hotel Alliance, is currently negotiating five hotels across Saudi Arabia, UAE and Oman in the four-star segment while keeping close watch on the Iranian market, Chris Nader, vice president of development at Shaza Hotels told Salaam Gateway.

The Dubai-based luxury hotel operator launched a four-star brand earlier this month called Mysk by Shaza, with its flagship opening in March 2017 on Al Mouj marina front in Muscat, Oman. Negotiations are now ongoing for three additional Mysk by Shaza properties in Saudi Arabia, one in the UAE, and another in Oman.

“Mysk by Shaza has received a lot of interest from investors looking to develop four-star hotels, and several projects are being assessed in the GCC,” said Nader. “The new brand is based on the same values and concepts of Shaza, but adapted to the four-star segment whilst bringing a younger, more vibrant personality to Mysk.”