R Hotels reveals another major development plan for the group with the new 182-key hotel in Ajman Corniche. With a total investment of AED150 million (USD40.9 million), the construction is expected to commence in the third quarter of 2015 with the target opening date of Q1 2017. The new hotel will be located beside Ramada Beach Hotel Ajman, which is also owned and managed by R-Hotels. Targeting both the leisure and corporate segments, the property will feature rooms with sea views, a restaurant, spa and fitness centre and indoor swimming pool.