Aqaar and Accor Hospitality team up to open new Novotel

About Aqaar:
Aqaar - which translates from Arabic as 'Property' - was formed in 2006 as a private company in association with Ajman Development and Investment Authority (AIDA). Aqaar will spearhead the expansion of Ajman into a successful tourism and business hub. The organisation will develop a number of projects to support AIDA's mission of economic diversification.

Aqaar, launched with an initial paid-up capital of Dhs250m, manages and creates property related investment opportunities and offers full support for both regional and international investors.

Aqaar's long-term vision is to expand its influence outside its home emirate and beyond UAE shores.

About Novotel:
Novotel operates nearly 400 hotels and resorts in the hearts of major international cities, business districts and tourist destinations. Throughout the world, our staff upholds the brand's fundamental values of distinctly modern design, simplicity and efficiency, making today's travellers feel naturally at home.

Offering comprehensive hotel services, Novotel ensures the well-being of business and leisure travellers alike. Guests will always find spacious rooms that easily adapt to both work and relaxation, a balanced choice of food and beverages available around the clock, and friendly, attentive staff, plus children's play areas, fitness centres and places to relax.

Novotel has long strived to promote sustainable development through its active involvement in the Accor Group's Earth Guest program. Today we strengthen this commitment by pledging to achieve Green Globe environmental certification for our entire network by 2010.

In 2008, 386 hotels and resorts make up the Novotel network, with more than 69,000 rooms in 58 countries. By 2010 we will add another 20,000 rooms, extending our global reach to 70 countries.


About Accor
Accor, a major global group and the European leader in hotels, as well as the global leader in services to corporate clients and public institutions, operates in nearly 100 countries with 150,000 employees. It offers to its clients over 40 years of expertise in two core businesses:

- Hotels, with the Sofitel, Pullman, MGallery, Novotel, Mercure, Suitehotel, Ibis, all seasons, Etap Hotel, Formule 1 and Motel 6 brands, representing 4,000 hotels and nearly 500,000 rooms in 90 countries, as well as strategically related activities, such as Lenôtre;

- Services, with 30 million people in 40 countries benefiting from Accor Services products in employee and public benefits, rewards and loyalty, and expense management.

For further informatin, kindly contact:
Rima Salman
Account Manager
T: +971 4 3415555
F: +971 4 3415588
P.O Box 32838, Dubai, UAE

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