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BridgeStreet Worldwide Announces First Franchise in Doha Qatar |
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| Tuesday, April 13, 2010 |
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HERNDON, VA – BridgeStreet® Worldwide, a leading international provider of serviced apartments, today announced the opening of 46 serviced apartments in Doha, Qatar. Tadmur Real Estate, W.L.L., BridgeStreet's first international franchisee, is operating the property. This is the first in a series of franchise agreements that BridgeStreet and Tadmur Real Estate are working on together.
"We are delighted to be collaborating with Tadmur Real Estate as our first, fully branded franchisee", Lee Curtis, president and chief executive officer of BridgeStreet Worldwide stated. "The need for apartment accommodations in Doha has increased in the past few years due to an attractive business climate and GDP growth of 21.4% in 2009. Our global corporate clients and the significant inflow of expatriates will now have the option of enjoying spacious BridgeStreet serviced apartments in Doha, Qatar as well."
The newly built BridgeStreet Serviced Apartments feature 2 and 3 bedrooms with en suite bathrooms, fully equipped kitchens, separate work areas and large living areas along. The tastefully decorated apartments provide state-of-the-art electronics, a variety of TV channels and complimentary wireless Internet access. "Our guests can be confident that every apartment delivers on the quality and comfort standards BridgeStreet is known for, including a high quality bed and electronics package that is easy to use," said Curtis.
The building, located in Doha's Najma district 5 km from Doha international airport, includes amenities such as 24-hour front desk service, a residents lounge area, indoor swimming pool, Jacuzzi, steam room and fitness center. The Najma district offers a large number of businesses and retailers all within walking distance to BridgeStreet Najma Downtown.
"Tadmur Real Estate is committed to being the partner of choice for turn-key real estate projects and investments throughout Qatar, the Middle East, and globally," said Mahmoud Nouredin, Managing Partner of Tadmur Real Estate. "BridgeStreet is the perfect partner for the Najma property - their global corporate client base combined with our local expertise in property management ensures success for this building and other locations coming online in 2010."
BridgeStreet Worldwide is a leading international provider of serviced apartments and corporate housing. BridgeStreet and its Global Alliance members offer over 15,000 corporate apartments located throughout the United States and 50 cities internationally. An award winner both in the Americas and EMEA, BridgeStreet properties meet uncompromising standards of quality, comfort and service. For more information about the company or to learn more about how BridgeStreet is making Serviced Apartments Easy, visit www.bridgestreet.com.
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