We are asset managing a Portfolio of 9 properties and 1927 keys across the Sultanate of Oman. From the capital, Muscat, to the mountains in Jabal Ahkdar, passing through other tourist cities such as Salalah or Khasab.
We work in Oman alongside some of the industry’s most renowned hotel operators: Marriott International, InterContinental Hotels Group, Hyatt Hotels Corporation or Dusit International.
food & beverage
Wellness and Private Club
The setting creates a stylish and memorable destination for business meetings, product launches, weddings, and gala parties, hosting up to 350 guests. The hotel offers 1,700 m2 (18,300 sq. ft.) of spaces across nine venues on the second floor, all with natural light and views across the city. Space includes two ballrooms with pre-function spaces, an open-air courtyard, and four versatile meeting rooms.
Four Seasons Madrid features a four-level spa and a sun-splashed 14-metres pool, creating an unbeatable experience for Madrileños and international guests.
Opening year: 2020 (originally built in 1887)
food & beverage
There are four restaurants and bars, including Dani on the rooftop by chef Dani García, serving traditional Andalusian cuisine. For those looking for the atmosphere of a cocktail bar, Isa offers mixology at the forefront of current international trends, coupled with Asian tapas.
Number of Rooms
The 200 rooms include 39 suites, some on two levels and some with step-out balconies or spacious private terraces. The design is contemporary, overlaid with the depth of history.
Number of Rooms
The 200 rooms include 39 suites, some on two levels and some with step-out balconies or spacious private terraces. The design is contemporary, overlaid with the depth of history.
food & beverage
There are four restaurants and bars, including Dani on the rooftop by chef Dani García, serving traditional Andalusian cuisine. For those looking for the atmosphere of a cocktail bar, Isa offers mixology at the forefront of current international trends, coupled with Asian tapas.
meeting space
The setting creates a stylish and memorable destination for business meetings, product launches, weddings, and gala parties, hosting up to 350 guests. The hotel offers 1,700 m2 (18,300 sq. ft.) of spaces across nine venues on the second floor, all with natural light and views across the city. Space includes two ballrooms with pre-function spaces, an open-air courtyard, and four versatile meeting rooms.
Wellness and Private Club
Four Seasons Madrid features a four-level spa and a sun-splashed 14-metres pool, creating an unbeatable experience for Madrileños and international guests.
Opening year: 2020 (originally built in 1887)
Number of Rooms
The 200 rooms include 39 suites, some on two levels and some with step-out balconies or spacious private terraces. The design is contemporary, overlaid with the depth of history.
food & beverage
There are four restaurants and bars, including Dani on the rooftop by chef Dani García, serving traditional Andalusian cuisine. For those looking for the atmosphere of a cocktail bar, Isa offers mixology at the forefront of current international trends, coupled with Asian tapas.
meeting space
The setting creates a stylish and memorable destination for business meetings, product launches, weddings, and gala parties, hosting up to 350 guests. The hotel offers 1,700 m2 (18,300 sq. ft.) of spaces across nine venues on the second floor, all with natural light and views across the city. Space includes two ballrooms with pre-function spaces, an open-air courtyard, and four versatile meeting rooms.
wellness & private club
Four Seasons Madrid features a four-level spa and a sun-splashed 14-metres pool, creating an unbeatable experience for Madrileños and international guests. Opening year: 2020 (originally built in 1887)
W MUSCAT
ALILA HINU BAY (HYATT)
The 200 rooms include 39 suites, some on two levels and some with step-out balconies or spacious private terraces. The design is contemporary, overlaid with the depth of history.
There are four restaurants and bars, including Dani on the rooftop by chef Dani García, serving traditional Andalusian cuisine. For those looking for the atmosphere of a cocktail bar, Isa offers mixology at the forefront of current international trends, coupled with Asian tapas.
The setting creates a stylish and memorable destination for business meetings, product launches, weddings, and gala parties, hosting up to 350 guests. The hotel offers 1,700 m2 (18,300 sq. ft.) of spaces across nine venues on the second floor, all with natural light and views across the city. Space includes two ballrooms with pre-function spaces, an open-air courtyard, and four versatile meeting rooms.
Four Seasons Madrid features a four-level spa and a sun-splashed 14-metres pool, creating an unbeatable experience for Madrileños and international guests. Opening year: 2020 (originally built in 1887)
ATANA MUSANDAM
Some Key Highlights, Strategy & Improvements:
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GAS team performs detailed business review meetings (BRM) with the operator analysing all financial data and S&M strategies to better prepare in advance and implement the action plans needed to achieve the targets.
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Permanent review of the portfolio’s performance against the competitive set to help the hotels design the best pricing strategy.
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Monthly payroll costs and productivity assessment: headcount, housekeeping FTE per occupied room, F&B FTE per cover, etc.
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The hotels have increased their forecast and cashflow accuracy.
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We have jointly selected an adequate management team for each property to improve performance.
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We have trained the Head office team on how to run the business reviews and the key areas to focus.
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We have put in place a cash pooling strategy to better manage the group’s funds.
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Staff morale and motivation have increased across the portfolio. We have boosted the relationship between the operators (corporate office) and the owning company. Hotels are now more supported by their regional teams.
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Implementation of a CapEx planning software to automate, streamline, standardize, and track all aspects of the CapEx lifecycle within.
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We have identified opportunities during the budget season that allowed us to set higher EBITDA.
ATANA KHASAB
CROWNE PLAZA MUSCAT OCEC
Our Hotels:
AL BUSTAN PALACE RITZ CARLTON • INTERCONTINENTAL MUSCAT
dusitD2 NASEEM RESORT, JABAL AKHDAR
JW MARRIOTT HOTEL, MUSCAT
Since taking on the role of asset managers, we have driven significant growth across all key performance indicators within the portfolio. Our strategic oversight has yielded notable improvements, including:
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A marked increase in Average Daily Rate (ADR)
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A strong uplift in Occupancy (OCC)
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Substantial gains in Revenue per Available Room (RevPAR)
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Exceptional growth in Gross Operating Profit (GOP)
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A remarkable boost to EBITDA
These results underscore the value of our focused, data-driven approach to asset management and our unwavering dedication to maximizing portfolio performance.
