ARTIC, Marriott sign six property deals in Doha
DOHA, January 17, 2021
Al Rayyan Tourism Investment (ARTIC), one of the leading international hotel investment companies, has signed an agreement with Marriott International to operate six properties in prime locations across Qatar.
The hotel openings are anticipated to mark the introduction of five new brands in the country – Autograph Collection, Delta Hotels by Marriott, Element by Westin, Le Meridien, and Marriott Executive Apartments.
To mark the occasion, Sheikh Mohammed Bin Faisal Al Thani, Vice Chairman of ARTIC, commented: “We welcome the signing of these six new agreements. The completion of five new projects within 2021 will be a first for Qatar’s hospitality sector and will further enhance ARTIC’s position as a leading player in the sector and supporter of the development of Qatar’s tourism industry. These agreements will bring ARTIC’s total number of hotel keys in Qatar to over 3,260, further enhancing ARTIC’s investment portfolio as they represent established international brands known for their quality, adding value to ARTIC and for all our stakeholders. Our ongoing investment and commitment to these partnerships remains a priority for us, and we are extremely proud to be an integral part of Qatar’s attractive local market, based on our country’s strategic location in the region, attractive investment climate and excellent track record of organizing successful prestigious events.”