Source: Rixos Hotels

Qetaifan Projects Company, and a subsidiary of Katara Hospitality which was established to develop and manage Qetaifan Island North, signed a Memorandum of Understanding (MoU) with the Rixos Hotels to manage and operate the hotels, the souq, the water park and the beach club in Qetaifan Island North.

The Memorandum of Understanding was signed by His Excellency Sheikh Nawaf bin Jassim bin Jabor Al Thani, Chairman of Katara Hospitality abd Mr. Fettah Tamince, Founder and Chairman of the Rixos Hotels. In presence of His Excellency Sheikh Nasser bin Abdulrahman Al Thani, Deputy Chairman at Katara Hospitality, Managing Director and CEO of Qetaifan Projects; Mr. Hamad Al Kubaisi, Board Member; Mr. Jamal Al Kaabi, Board Member; Mr. Jean-Baptiste Recher, Vice President Development, AccorHotels Middle East; as well as other Senior Executives including, Mr. Ali Tamince and Mr. Özgür Çinkılıç.

Qetaifan Projects was established due to the increasing demand for high quality tourism facilities and the need to develop more in this sector. Qetaifan Projects will develop and operate Qetaifan Island North to commensurate th high standards of Katara Hospitality's continuous success.

On this occasion, Sheikh Nawaf Bin Jassim Bin Jabor Al-Thani, Chairman of Katara Hospitality said: "This agreement marks Rixos Hotels brand's first property in Qatar. As we strengthen our vision to change the world of hospitality through investment and innovation to leave an outstanding legacy for future generations, in line with the Qatar National Vision 2030, we see this as testament to Qatar's robust tourism strategy and its reputation as a key player of the country's hospitality industry aiming to create a safe and sustainable investment that will carry the name of the State of Qatar."

"We are confident the ethos of Rixos Hotels brand is a strategic fit for our development project of Qetaifan Island North as it is important that we have an operator which understands and respects this unique destination, ensuring it occupies its rightful position in the local and global market-places." He added.

This is the first Memorandum of Understanding of the Rixos Hotels chain in The State of Qatar. The Rixos partnership with AccorHotels has added weight to the rapid growth of the Rixos Hotels on the regional and international levels.

Mr. Fettah Tamince, Founder and Chairman of Rixos Hotels, added, "Discovering new destinations has been always a challenging target throughout the journey of Rixos since we established the brand in 2000. We are certain that with every new destination our horizon will broaden on our way to becoming a global brand. So far, Rixos flag is waving in three continents and seven countries. We are proud of offering our services with our own brand now in Qatar, and we appreciate very much to be part of a mission for providing added value to the tourism of this wonderful country. I would like to stress that we will be driven by the same mission in Qatar through this partnership with Qetaifan Projects. We value the confidence and trust our partners have in our Group and take this opportunity to expand our hospitality portfolio in this region."

Established in 2000, the series offers 5-star luxury accommodation in 25 hotels, 17 of which are operated as waterfront resorts. The hotel chain manages more than 9,000 rooms located in 7 different countries and employs about 10,000 employees. The Rixos Hotels chain embodies traditional Turkish hospitality and features unique health treatment clubs in the finest surroundings and luxurious ambiance.

The Rixos Hotels chain also offers a unique entertainment experience with activities, and approximately 1,600 events per year to bring joy to more than 150,000 children per annum. The concept of "All Inclusive - All Exclusive " and " Art of the Holiday " has been developed in the Rixos Hotels chain and serves to highlight the real brand message. Due to its distinctive reputation in the hospitality industry and considering the finer details, Rixos Hotels has received

global ratings and high ratings from specialized institutions, such as the "Five-star American Diamond Hospitality Award", "Condé Nast " and "The World's Greatest Hotel". The group prides itself on being the preferred recreation hotel for leading travel agencies and tour operators.

Qetaifan Island North development is part of Lusail city with seven beaches, making it a distinctive waterfront of the city. The island has an area of 1.3 million square meters, and the island's projects span approximately 830 thousand square meters.

Qatar hosts the 2022 World Cup as the first Arab country of which Qetaifan Projects provides facilities capable to accommodate a large number of tourists through hotels, commercial markets, restaurants and unique recreational facilities such as the water game city, as well as the vast green spaces that will bestow Aesthetic and privacy on the island. This serves the overall vision of Qatar 2030 and the tourism sector through the expansion of urbanization and the absorption of large number of projects that serve different sectors in the State of Qatar.

About Rixos Hotels

Rixos Hotels, established in 2000, is one of the world's fastest growi ng, luxury hotel chains. Dedicated to offering traditional Turkish hospitality and a unique spa experience in the finest surroundings and luxury ambience, Antalya based group owns and operates premium resorts & villas including city hotels in key regions as diverse as Turkey, Europe, CIS Countries, North Africa and Middle East. Rixos Hotels' portfolio of exceptional properties is sited in prime and historic locations. With more than 6,500 staff serving all its properties, Rixos Hotels have developed an innovative guest experience that blends the best of the new and old. Designed to offer a unique luxury long stay experience, the Rixos villas are beautifully furnished. Tailor-made service with private butler and concierge is the ulti mate choi ce of the world's most di sti ngui shed travellers. At the heart of every Rixos hotel is a revitalizing Wellness and Spa Centre with an authentic Turkish Hammam, offering a unique spa treatment, menu and atmosphere. Known for their hospitality, attentive personalized service and fine cuisine, Rixos Hotels received global recognition and top ratings from distinguished specialist professional bodies such as the American Five Star Diamond Award, Conde Nast, World Travel Awards and Great Hotels of the World. For more information about the company, please visit www.rixos.com.