NMC Launches Lotus Hotel Apartments In Dubai

The NMC Group of Companies launched their fourth hotel/apartments in Dubai with the opening of the Dh150 million Lotus Hotel Apartments.  NMC Chairman Abdullah Humaid Al Mazroie, speaking at the inauguration of the hotel, said the company is going forward with its expansion plans.  He said “We have every confidence and faith in the economy and growth of the UAE.  Our leaders have built world-class infrastructure in the country, which is continuing to grow at a healthy rate.”

Lotus Hotel Apartments is part of Lotus Hospitality, an arm of NMC.  The hotel is located in Dubai Marina and will begin operations on January 1st, 2010. It has 95 studio, one bedroom, and two bedroom apartments.  Lotus Hospitality’s three other properties are The Lotus Grand Hotel, The Lotus Boutique Hotel, and The Lotus Hotel.  The company plans to open a fifth property in 2011.

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