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GFH to manage French Accor Group’s 1st Raffles retreat in Bahrain

GFH to manage French Accor Group’s 1st Raffles retreat in Bahrain
This agreement will expand Accor’s footprints in the kingdom
GFH
GFH
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Mubasher: The French hospitality group Accor unveiled plans to debut its Raffles brand in the kingdom of Bahrain after signing a landmark agreement with GFH Financial Group to manage the kingdom’s first ultra-luxurious retreat.

This agreement will boost collaboration between the two companies and expand Accor’s footprints in the kingdom, according to a press release.

Mark Willis, CEO of Accor Middle East and Africa, commented: “We are delighted to partner with GFH Financial Group to debut the Raffles brand in Bahrain, a destination which has emerged as a sophisticated option for discerning travellers from the Gulf and all over the world.”

Moreover, Hisham Al Rayes, CEO of GFH, said: “It is a privilege to forge a long-term partnership with Accor, a world-leading hospitality group with an unrivalled portfolio of brands. Launching the globally-revered luxury brand Raffles is a major achievement for Bahrain, elevating its status as a lifestyle destination and significantly enhancing GFH’s fast-growing collection of prestigious real estate projects.”

Earlier this month, GFH announced it had signed an agreement with Accor Group to launch the first ultra-luxurious ‘Raffles’ retreat and the first ‘Mama Shelter’ lifestyle hotel in Bahrain.

The Manama-based Islamic wholesale investment bank also revealed that Raffles Bahrain would be launched after the completion of the Al Areen Palace & Spa’s acquisition.