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Press release Dubai, UAE –September 2015

Five-star resort will be managed by AccorHotels.

Manazil Group, the diversified group operating in Real Estate, Hospitality and Health Care industries has announced the signing of a management agreement with AccorHotels, the world’s leading hotel operator, for the Marjan Island Resort & Spa in Ras Al Khaimah (‘RAK’), United Arab Emirates (‘UAE’). AccorHotels will take over the operations of the existing property from the owner and current operator. The iconic five-star resort, which is already operational, and has been renamed as Marjan Island Resort & Spa – Managed by AccorHotels since September 2015.

Christophe Landais, Chief Operating Officer of AccorHotels Middle East, said: “We are pleased to partner with Manazil Group on this exciting project, which is our first property in RAK and an important addition to our growing portfolio in the region. Manazil has a strong track record within the UAE and we are delighted to be joining forces with them to establish our presence in the emirate of Ras Al Khaimah.”

Engineer Abdul Mohsen Al Hammadi, CEO Manazil Group, developer and owner of the resort said : “ Ras Al Khaimah as a touristic destination has achieved remarkable growth over the past four years. A success that owes its credit to the boundless support given by His Highness Sheikh Saud Bin Saqr Al Qasimi, Member of the Council Ruler of Ras Al Khaimah, and his futuristic vision to develop the touristic sector in the Emirate.”

Commenting on the new contract with Accor Hotels, he added: “I am very enthusiastic towards our new agreement with AccorHotels, which sets in motion Manazil group new strategy to form strong partnership with highly acknowledged international hotel group, to manage our first class resort and future hotel projects. I believe that after about one year of operation Marjan Island Resort & Spa team have all succeeded to make the resort the first family destination in Ras Al Khaimah. This success now being coupled with AccorHotels expertise will enable this distinctive resort to achieve its full potential and lay the first stone for a successful and mutually beneficial collaboration for many years to come.”

Marjan Island Resort & Spa – Managed by AccorHotels will have a distinctive personality embodying quintessential Arabian hospitality, offering guests a luxury stay inspired by key characteristics of Ras Al Khaimah’s rich heritage. The hotel will respect the local culture reflecting a desire to cater for families.

Located in the southwest of Ras Al Khaimah city centre, less than an hour’s drive from Dubai, the property stands on a man-made island located amongst scenic views of the Arabian Gulf coastline, providing the intimate experience of a secluded retreat.

Marjan Island Resort & Spa – Managed by AccorHotels has a total of 299 keys, with various F&B outlets, including an all-day dining restaurant, four specialty cuisine restaurants, a lobby café and a terrace, in addition to the signature La’mar Arabian Wellness Spa. The hotel, being equipped with a ballroom and multiple meeting rooms, can also accommodate large events and banquets.

Landais added: “The hotel’s identity and solid foundation established by its owner, Manazil Group, will be preserved. By combining its existing legacy with our global and regional management expertise, we intend to create the ultimate resort experience focused on wellness and relaxation.”

“Al Marjan Island, the first man-made island to be developed in the emirate, has rapidly risen as an important tourist destination. We look forward to supporting its evolution in line with the ambitious plans of the RAK Tourism Authority,” concluded Landais.

In line with all AccorHotels properties in the region, Marjan Island Resort & Spa – Managed by AccorHotels, is committed to the Group’s Planet 21 sustainability program and its seven pillars (health, nature, carbon, innovation, local development, employment and dialogue) which are backed by 21 measurable commitments.

AccorHotels currently operates 3,800 hotels worldwide out of it 71 hotels in the Middle East, encompassing over 17,300 rooms across the luxury to economy segments. The Group has another 49 hotels under development in the region, bringing its total number of properties in operation and under development to 120 with over 30,000 rooms.

About Manazil Group
The Mother company for Manazil group was established back in 1975 to achieve a success story and built A World-Class group of companies operating in the fields of Real Estate, Hospitality and Health Care. Manazil Group serves both locally and globally and ensure to develop ideal business opportunities and Innovative Solutions.
The company is certified ISO 9001.

Press contact:
Saida Ghannem
Manazil Group
+971 6 577 1777
ghannem@manazil-uae.com
Follow news on Marjan Island Resort & SPA: http://www.manazil-uae.com | www.facebook.com/MarjanResort

ABOUT ACCORHOTELS MIDDLE EAST
AccorHotels Middle East is one of the fastest growing hospitality groups in the Middle East. Currently, the Group’s regional portfolio includes a total of 71 operational hotels representing over 17,300 rooms in ten countries. Among the existing global brands ranging from Sofitel, Pullman, Novotel, Mercure and ibis, new brands such as Adagio and ibis Styles are emerging as strong players in the region. With over 25 years of regional experience, AccorHotels Middle East is the first to establish a training academy. Dubbed as Tamheed – AccorHotels Académie Middle East, the training facility is dedicated to educating and preparing associates at all levels and ensuring optimal career development.

ABOUT ACCORHOTELS
AccorHotels is a Group united by a shared passion for hospitality and driven by a shared promise to make everyone Feel Welcome. Over 180,000 women and men in almost 3,800 AccorHotels establishments look after thousands of guests every day in 94 countries. AccorHotels is the world’s leading hotel operator and offers its customers, partners and employees:

– Its dual expertise as a hotel operator and franchisor (HotelServices) and a hotel owner and investor (HotelInvest);

– A large portfolio of internationally renowned brands covering the full spectrum, with luxury (Sofitel, Pullman, MGallery, Grand Mercure, The Sebel), midscale (Novotel, Suite Novotel, Mercure, Mama Shelter, Adagio) and economy (ibis, ibis Styles, ibis budget, adagio access and hotelF1) establishments;

– A powerful marketplace and loyalty program Le Club AccorHotels;

– Almost half a century of commitment to corporate citizenship and solidarity with the PLANET 21 program.

Accor SA shares are listed on the Euronext Paris exchange (ISIN code: FR0000120404) and traded in the USA on the OTC marketplace (Code: ACRFY).

Follow news on AccorHotels:
www.accorhotels-group.com

Book a hotel:
www.accorhotels.com

Press release
Sharjah, UAE –September 2015

Manazil Real Estate has announced the launch of its new brand identity to support its market positioning evolution and the group expansion into new business industries which include property development, Hospitality and Health Care.

The new brand identity goes along with the launch of two of its upcoming projects Terhab Hotel & Residence in the emirates of Sharjah and Dubai. The Hotels and Residential five-star luxury furnished apartments are to be managed by the global French hospitality management AccorHotels.

“There were a number of powerful reasons to rebrand Manazil Real Estate”, commented Ryan Connolly, insight and business development director for Manazil Group: “We have seen that the old logo and brand identity were not in line with our ambitions and vision for the future. We want to be seen by our customers and different stakeholders for what we are today: A premium real estate developer and one of the oldest who built and delivered numerous flagship projects characterized by the good quality and reasonable prices. Our new brand identity reflects our aspiration to deliver quality and luxurious projects and achieve customer satisfaction and competitive prices for residential units and hotel apartments”

Connolly added: “Manazil Real Estate was established in 1975 and is certified ISO 9001. We follow the group companies growth, which has diversified its portfolio by entering into new sectors such as Hospitality with a five stars resort operational in Ras Al Khaimah :”Marjan Island Resort & SPA- Managed by AccorHotels” and four more up-scale and luxury hotels and hotel apartments to open in 2018 and 2019 in Dubai and Sharjah. Health care is also an area of focus for us with a hospital operational for three years now in Sharjah and with plans to open additional medical centers throughout Dubai, Sharjah and the northern emirates in the next five years”

The new logo and visual identity marks a new era for Manazil Real Estate. Each element highlights the strategic focus to deliver high end properties and clearly show the expertise of the company being in the market for more than forty years now.

The new logo uses a contemporary and simple typography that illustrates the innovation in modern architecture and design. The shape, font and the design of “Manazil” name in two parts, with the second half going vertical, all illustrate the ambition for growth based on a solid practice and reputation. Same for the choice of colors with a combination of mustard yellow and dark grey. The vertical graphic ending up with unequal squares refers to the numerous projects delivered by Manazil Real Estate over the past forty years.

‘We look forward to serve our community by delivering quality properties and hope that the choices we have made for our new identity reflect our values and aspirations for the future”, concluded Connolly.

About Manazil Group
The Mother company for Manazil group was established back in 1975 to achieve a success story and built A World-Class group of companies operating in the fields of Real Estate, Hospitality and Health Care. Manazil Group serves both locally and globally and ensure to develop ideal business opportunities and innovative solutions.

The company is certified ISO 9001.

Press contact:
Saida Ghannem
Manazil Group
+971 6 577 1777
ghannem@manazil-uae.com
Know about our featured projects : http://manazil-uae.com

Abdul Mohsen Al Hammadi, CEO of Manazil Real Estate “ The company’s decision to invest in Ras Al Khaimah stems from the great development witnessed by the emirate in the tourism sector”

Marjan Island Resort & Spa in Ras Al Khaimah participates again this year at Dubai’s ATM trade and is part of the array of hotels and tourism projects under the umbrella of Ras Al Khaimah Tourism Authority.  ATM one of world’s most hospitality forum, witnesses an exceptional growth in the UAE with the largest number of planned tourism projects in the region.

Marjan Island Resort & Spa participation is the third at the exhibition and one year after the resort opened its doors to become an accessible new tourism destination with proven Excellence in the Emirate and a stepping stone for an accelerated pace to strengthen its position as a world leisure destination.

Commenting on the event, Engineer Abdul Mohsen Al Hammadi, CEO of Manazil Real Estate developer and owner of the resort  said “ the company’s decision to invest in Ras Al Khaimah stems from the great development witnessed by the emirate in the tourism sector and the boundless support given by the His Highness Sheikh Saud Bin Saqr Al Qasimi, Member of the Council Ruler of Ras Al Khaimah, to this vital sector”. He added “ The destination has seen a rapid growth during the past four years, attributable to the emirate’s captivating beaches and the variety of local and cultural attractions.

Abdul Mohsen Al Hammadi stated “The Arabian Travel Market is one of the most important pillar to promote dynamically Marjan Island Resort & Spa and the destination after a positive opening first year with all the plans in place to strengthen our position at the Arabian Travel Market and the world”.

“Our unique location and setting” he added “depict a one-of-a-kind concept of well-being and high quality product and services, all matching the property’s sophisticated luxury and fascinating views of the Arabian Gulf “

“The resort, over the past year, succeeded to become a favorite family relaxation and rejuvenating wellness provider for leisure market, but also has become an ideal choice for business getaways and retreats for the most discerning corporate clientele, thanks to the multitude of high level services fitting their needs” he further stated.

Finally he asserted that the resort is a five-star rated property with 301 rooms and suites; and six restaurants, featuring Lebanese, Italian, Moroccan, and Pan-Asian and Grill cuisines, in addition to the international main dining room. It also includes 5 meeting rooms, and a large ballroom fully-equipped to host conferences and special events.

With 4 indoor and outdoor swimming pools and a private sandy beach, the resort accommodates special family and Arab women needs offering privacy in dedicated indoor pools for ladies only, along with separate gym, Jacuzzi and steam rooms sections.

The Manazil Group is gearing up to expand regionally and develop similar hotel projects in Sharjah and Dubai, both scheduled to be launched during the current year. This reflects its mission to create a tourism environment that addresses the specific needs of current consumers and the growing demand for luxury family tourism.

Sharjah based developer Manazil Real Estate revealed the first look at two of its upcoming projects at the world’s largest Real Estate exhibition, Cityscape Qatar.

The developer has showcased miniature replica of Terhab Hotel & Residence Sharjah and Dubai. The Hotel and Residential five-star luxury furnished apartments are to be managed by a flag ship global hospitality management company.

Terhab Hotel & Residence Sharjah includes rooms and large suites plus luxury furnished apartments with five stars services. The project is due to for delivering in 2018.

With an array of interesting activities including wide range of luxury hotel facilities conforming to world class-standards such the outstanding Lamar SPA, Health clubs, swimming pools, various restaurants and coffee shops. In addition to meeting rooms and conference halls. And in respect to Arab women privacy separate pools, gymnasium as well as sauna and steam rooms for ladies and gents and health clubs have been designed.

Terhab Residential features varied sizes apartments of one, two and three-bedroom with large space in order to satisfy the need and expectations of Arabic families and investors who aim to stay or invest and get high investment returns.

Mr. Abdul Mohsen Al Hammadi, Chief Executive Officer of Manazil Real Estate has said that the participation of the company at Cityscape Qatar, one of the most important international real estate exhibitions, has been positive as the company projects were very successful with Qatari and other nationalities visitors of the exhibition wishing to invest through credible national and experienced companies in this field.

He also stressed that the company is keen to add to its portfolio exceptional projects aimed to meet the aspirations of the investor who pays close attention to the quality of the product and space and high-end services provided to him during his stay in the property.

The prices of apartments range from 470 thousand dirhams to 1 million and 400 thousand dirhams, depending on the space and number of rooms. Note that the apartments are fully furnished conforming to world class-standards followed by global hospitality companies.

Manazil real state manages leasing and send investment returns to its various investors in all parts of the world. The mother company Manazil Global has diversified its portfolio by entering into new sectors such as Hospitality, Hospitals and various other projects and has expanded its reach towards Dubai, Ajman and Ras Al Khaimah with plans to engage in similar projects in Abu Dhabi and the GCC Countries.