GFH Financial Group has signed an Operation Agreement with H Hotels & Resorts Management (H Hotels) for the exclusive, 5-star hotel and residences at the landmark Harbour Row waterfront project located in the heart of Manama, which are currently under development.
The hotel and residences will boast a host of world-class facilities including stylish restaurants, meeting rooms, a pool, a gym and other lifestyle amenities. Nearly 60% of the work on the hotel property has now been finalised, as well as progress across the development’s East and West side residential towers consisting of 322 apartments and accompanying retail and commercial hubs.
“We’re delighted to announce this agreement with H Hotels, who have built a world-class portfolio of well-known properties and brands and a strong track record of distinction across international markets. We’re especially pleased that Harbour Row will mark their first property in the Kingdom of Bahrain, both benefiting from and supporting Bahrain’s vision to further elevate its position as a leading regional tourism and leisure hub through the addition of new, exciting properties and lifestyle destinations like the H Hotel at Harbour Row,” says Hisham Al Rayes, CEO of GFH.
The move marks the UAE-based H Hospitality Collection’s entrance into the Bahrain market, further adding to its growing collection of regional and international luxury hotels and resorts including The H Dubai, The H Resort Seychelles, CentreVille Hotel & Experiences Montenegro and Villa Diyafa in Morocco.
Other properties in the company’s portfolio also include
Le Méridien Fisherman’s Cove in the Seychelles and two hotels under construction in Mecca and Abu Dhabi.
“As we swiftly move ahead with the hotel towards completion, we’re pleased to offer both residents and investors a unique opportunity to purchase these exclusive branded hotel apartments, which we expect to create strong value and returns given the prime location and anticipated high levels of occupancy,” says Al Rayes.
Claudio Capaccioli, CEO of H Hospitality Collection, comments: “Our partnership with GFH Financial Group marks another milestone in the development of H Hotels and our strategy to take our vision for unmatched luxury into neighbouring and international markets where we believe we can deliver a superior new offering. We look forward to working with GFH in order to maximise the many unique aspects of Harbour Row including its exclusive and much sought-after waterfront location, easy access to all major commercial and business centres and close proximity to key tourist attractions across the Kingdom.”