Kerala firm in talks to expand hotel brand in Saudi, Oman
KERALA-BASED DIVERSIFIED business group Samana Global Business Solutions is in talks with an Omanbased hospitality major for a possible acquisition of a hotel property in the sultanate.
Samana, which currently operates a 100-room hotel in the Saudi capital Riyadh under its brand Apollo Dimora, is also in talks with the developers of a Makkah and Madina-based four-star hotel property to operate and manage the hotel under its brand.
Confirming the developments, Sabith Koramba, group executive director of Samana, told Arabian Business that the group has received a proposal from an Oman-based hotel for a possible acquisition and said that the company is “seriously looking at it”.
“The talks (with the promoters of the Oman hotel) are in an early stage currently. We have not discussed any numbers yet,” he added.
Through the Apollo Dimora brand, Samana operates a four-star hotel in Trivandrum and has three other hotel projects coming up in Calicut, Chennai and Bangalore.
Besides hospitality, Samana also operates businesses in the healthcare, real estate and IT sectors.