TravTalk - Middle East

Hotel apartments at Business Bay

Fourzone Décor, a UAE-based company, has recently signed an AED30 million hotel apartment project with constructi­on company, Shine Properties.

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The hotel apartment project located in Business Bay will be managed by a leading internatio­nal hospitalit­y brand once completed and will target luxury travellers from the Middle East looking for premium furnished apartments. Ajish Nambiar, Marketing Director, Fourzone Décor, said, “We are proud to begin 2017 with a new project for Shine Properties. We are extremely proud to be associated with Mr. Mohammed Salem Al Menhali who is such a reputed builder in the market. We look forward to working with him in other projects in the Kingdom of Saudi Arabia and Dubai.”

Nambiar says that the constructi­on sector is booming in this part of the world with Dubai being the most active constructi­on market. “So we are optimistic that the region’s interior and fitout contractin­g industry will also grow. This is a situation that will continue this year as investors pushes ahead with projects to ensure delivery before Expo 2020 so we are on track and we plan to keep it that way till the years to come.”

Recent reports indicated that the region’s interior and fit-out contractin­g industry will grow by nearly 20 per cent and the market is expected to cross $12.5 billion by end of 2017. Hospitalit­y segments hold majority of the total spends on interiors, followed by commercial and residentia­l sectors. As the fit out contractin­g company for the hotel apartment project, Fourzone Décor will be handle all interior finishing work like flooring, ceiling, woodworks, furniture, furnishing and decorative lights.

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