Qatari Hospitality leader Retaj Group and Ihome Insaat Turkey sign agreement to operate the new Retaj Yalova Resort in Turkey

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Retaj Hotels & Hospitality, part of Retaj Group has expanded its footprint overseas by signing an agreement to operate a new luxury resort in Turkey.

This partnership is the result of long-standing relations between Qatar and Turkey, which have strengthened further in the face of the latest embargo. It is also evidence of the strategic bilateral relations established by His Highness Sheikh Tamim Bin Hamad Al Thani, Emir of Qatar, and his Excellency Recep Tayyip Erdoğan, which is a model to follow. This step comes among the endeavors of Retaj Hotels and Hospitality to expand its international presence as a specialized Qatari company in traditional Halal Arabic hospitality services. 

 

Retaj Group has signed an agreement with Turkish real estate developer Ihome Insaat to manage the Retaj Yalova Resort in the north western city of Yalova, near the eastern coast of the Sea of Marmara.

The coastal Retaj Yalova resort comprises 51 luxury apartments across 3 low-rise buildings, offering homeowners the opportunity to own their own piece of paradise in 1, 2, 3, 4 and 5-bedroom options. The project, which is more than 50 per cent completed and is expected to open in March 2019, is complete with a host of amenities designed around the wellbeing of residents, including a spa, gym, social areas, children’s playground, a private beach and more.

Under the terms of the agreement with Ihome Insaat, Retaj Hotels & Hospitality will be responsible for the full management of the Retaj Yalova Resort, including technical assistance until the opening date, bringing its renowned service excellence and hospitality management to this stunning new resort.

The signing of the agreement to manage the property is in line with the Retaj Group’s strategy to grow and expand its services beyond Qatar.

Dr. Mohamed Bin Johar Al Mohamed, Vice Chairman and Managing Director of Retaj Group said: “Since establishing ourselves as a leading specialist in real estate development and hospitality management group in Qatar, it was always our vision to expand overseas and take our brand of service excellence and traditional Arabic hospitality to new audiences in exiting new markets.

“Turkey is an established real estate market and is popular with overseas investors and tourists. We are confident Retaj Yalova Resort will be extremely popular and we are excited by this new addition to our portfolio as we continue to grow.”

He added: “This collaboration with Ihome is the perfect fit for Retaj Group and Retaj Hotels & Hospitality. Ihome is a renowned developer and Retaj is the largest Halal Hotel brand. It presents an ideal opportunity for us to demonstrate our excellence to a new audience and this agreement signing is only the beginning in what we believe will be a long, successful partnership with Ihome Insaat.”

Mr. Abdulrahman Shusha, General Manager of Ihome Insaat, said:: “Ihome Insaat started its journey in 1982 and we have executed many projects across government, education, healthcare, tourism, industrial and residential in many Arab and African countries. We eyed Turkey for investment as we found interesting investment opportunities there in many sectors, in particular real estate and hospitality, taking into consideration the facilitations that the Turkish government provides to investors. Therefore, Ihome chose the real estate and hospitality sectors to grow. We have chosen a special location over Marmara Sea, the most beautiful among Turkish cities in terms of breath-taking nature and investment opportunities.”

“Our partnership with Retaj Hotels and Hospitality, which has a reputable history in the sector of international tourism and its expertise in hospitality management, is a strong one Our decision to join hands in this project was to develop the relations between the tourism and real estate sectors in Qatar and Turkey and take advantage of this growth to achieve the best investment revenue for both investors and countries,” he added.

Retaj Group as a 100% Qatari company which aims through its international expansion to contribute to the leadership role of the State of Qatar and achieve our vision to be present and invest globally. The company endeavours to spread the culture of real Arabic hospitality. This is how the Retaj Hotels brand emanated as the first Qatari hotel brand that works inside and outside Qatar and which succeeded in being present in African, European and Far East Asian countries (Thailand, Malaysia, Indonesia, and China). In addition, Retaj Academy offers advanced Hospitality trainings which have enhanced our company reputation. A reputation that will grow to fit with the Qatar National Vision 2030.

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