Ahead of the 2022 FIFA World Cup and in the heat of preparation, Qatar has announced that Qetaifan Projects, a Katara Hospitality owned company signed a memorandum of understanding with ADMARES.
ADMARES is an innovative construction world leader in alternative real estate with pioneering construction methods that combine cutting-edge marine, land, offshore and modular construction techniques.
What the Memorandum of Understanding involves the construction and operation of sixteen floating hotels to be situated on the shores of Qetaifan Island North to serve tourists, fans during the 2022 world cup in the aspect of accommodation. The hotels are designed with 72m long and 16m wide, with each one consisting of 101 guest rooms, a restaurant and a lounge bar. All of the 16 four-story hotels will be identical, offering a total of 1,616 floating hotel rooms.
The floating hotels have been designed by renowned Finland architect firm, Sigge Architects.
The agreement was signed in the presence of H.E Sheikh Nasser bin Abdulrahman Al-Thani, Managing Director of Qetaifan Projects and Vice Chairman of Katara Hospitality, Mr. Hesham Sharaf, Chief Operating Officer, and Sheikh Nasser bin Abdulaziz Al-Thani, Head of Business Development in Qetaifan Projects, in addition to Mr. Mikael Hedberg, CEO of ADMARES, and Mr. Samer Malaeb, Regional Director of the company.
The Managing Director of Qetaifan Projects and Vice Chairman of Katara Hospitality, H.E Sheikh Nasser bin Abdulrahman Al-Thani, was delighted about the development seeing it as bringing in investments to the country.
“We are pleased that there are investors who share our vision and see the development of Qetaifan Island North as a promising project that has a future as the first touristic destination in Qatar. This indicates the aspiration of investors in the returns due to the safe and secure climate achieved by the state to encourage and attract foreign investment and create new opportunities, which will reflect positively on the local market, encourage competition, and stimulate the state sectors in all fields, especially with the recent developments witnessed within these sectors.” He said.
“This is the first time ever that pure floating real estate has been used as a temporary solution for accommodation needs at this scale. These hotels do not require major ports and deep water as their draft is significantly less than large cruise ships”. The Chief Executive Officer of Admares, Mikael Hedberg stated.
“After the World Cup, the hotels can be placed at any coastal location where the water is at least 4 meters (13 feet) deep. We are excited to be part of the solution for the amount of accommodation needed for the FIFA World Cup 2022”. He added.
While also expressing his about this development, the Regional Director of ADMARES, Mr. Samer Malaeb said “ADMARES floating hotels will position Qetaifan Island North as a preferred entertainment island in Qatar offering unique hospitality experience catering various market segment needs.”