Abu Dhabi’s hotel group, Rotana, is set to launch an initial public offering (IPO) as it seeks the necessary approval from its shareholders. The vice chairman noted that this move aligns with the company’s strategy for expansion and growth in the competitive hospitality sector. The company is actively pursuing mergers and acquisitions to bolster its...
Rotana, the largest hospitality operator based in the UAE, has announced its decision to standardize on the Oracle OPERA Cloud hospitality platform. This initiative aims to improve the efficiency of its 79 hotels around the world and support the company’s future growth plans. By utilizing a scalable, secure, and adaptable property management solution, Rotana intends...