Doha: Aiana Hotels & Resorts, a Doha-based global hotel management company, has announced that it is offering fractional ownership to buyers for its first hotel property in India.
The development offers a unique real estate opportunity for Qatari buyers to own a part of the luxury resort under the fractional ownership model.
“At Aiana Munnar resort, there is an option to buy an entire suite from the developer or a pocket friendly 1/6th portion fraction. There is no limit to the number of fractions that can be bought. A fractional owner would be buying built property plus an undivided share in the land around it, directly from the developer,” said Amruda Nair (pictured), Joint Managing Director and Chief Executive Officer, Aiana Hotels & Resorts LLC.
Scheduled to open in 2016, the management company’s first property in India, ‘Aiana Munnar – A Moonriver Resort’, is a niche all–suite villa resort spread across 20 acres of lush greenery. Each suite in the resort offers a private, heated plunge pool overlooking the rolling hills of Munnar.
The launch of its second property within seven months of signing a joint venture agreement with Sheikh Faisal bin Qassim Al Thani, Chairman of Al Sawari Holding and Qatari Business Association, is in line with the company’s commitment to create a globally respected hospitality brand that embodies the best of Indian hospitality by innovating fresh service, design and operating concepts.
The Peninsula
