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Mabanee’s unit to manage 2 hotels in Kuwait

Mabanee’s unit to manage 2 hotels in Kuwait
Both hotels are scheduled for opening in early 2019(Photo Credit: Arabianeye-Reuters)
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Kuwait-Mubasher: Al Rai Real Estate Company, a subsidiary wholly owned by Mabanee Company, signed an agreement for two hotels in Kuwait, according to a statement.

Under the agreement, Al Rai will manage and operate Conrad Hotels and Resorts, and Hilton Garden Inn.

Both hotels are estimated at a total cost of KWD 65,000 ($214.5 million), and scheduled for opening in early 2019.