Tag Archives: Puneet Chhatwal

The Indian Hotels Company Limited (IHCL) has announced its entry into Makkah, Saudi Arabia, with a partnership with Umm Al Qura Development and Construction Company in the prestigious King Abdul Aziz Road (KAAR) project. Commenting on the signing of this agreement,  Puneet Chhatwal, Managing Director and Chief Executive Officer at The Indian Hotels Company Limited (IHCL) said, “We are honoured to partner with Umm Al Qura Development and Construction Company in bringing the first Taj hotel to Saudi Arabia. This signing is aligned to our strategy of a strong focus on global growth markets and to be present where our guests travel to. We are committed to expanding our presence in the MENA region.” This hotel will be IHCL’s fourth venture in the MENA region. The company manages Taj Dubai located in the Burj Khalifa downtown area. It will also open another two hotels in Dubai in the next twelve to eighteen months. The proposed hotel is conveniently situated within walking distance of the Grand Mosque (Masjid Al-Haram), the main attraction for over six million pilgrims who visit the city each year. It will also be in close proximity to commercial offices, retail stores and restaurants within KAAR project. The hotel, scheduled to open in January 2023, will have approximately 340 keys, banqueting facilities and several restaurants to serve all tastes.

Steigenberger Hotels with its head office in Germany, has announced opening its first IntercityHotel in the Middle East. The first IntercityHotel outside Europe is now opened in Salalah, located 1,000 kilometres to the South-West of the capital Muscat in Oman. This is the first international mid-market hotel in the city.The new hotel extends over eight stories and offers 70 rooms as well as a restaurant and a modern gym. Puneet Chhatwal, CEO, Steigenberger Hotels , commented: “Following our Steigenberger début in Dubai in November last year, we are now bringing our IntercityHotel brand to the Middle East for the first time. This represents a further important milestone for us.” The project was implemented in conjunction with the owner Al Sedra Real Estate of Oman, a subsidiary of the Golden Group of Companies, which is a multi-national operating in more than ten countries.