February 1st, 2017
Snoozebox enters the Gulf in partnership with Dutco Group
December 3rd, 2015
Snoozebox announces that it is entering the Gulf region through a partnership with the Dutco Group.
The partnership is exploring a range of opportunities across the Gulf Cooperation Council region*, both within the events and semi-permanent markets.
Demand for accommodation is expected to be strong driven by a busy calendar of forthcoming major events, such as Dubai Expo 2020 and World Cup Qatar 2022, in addition to the continuing high levels of infrastructure investment in the region.
The Dutco Group was formed in 1947 in Dubai and since then it has expanded its interests into heavy civil engineering, construction, electrical, oil and gas services and communications. Dutco is a respected market leader in the region.
Lorcán Ó Murchú, Chief Executive at Snoozebox, said “This strategic partnership represents another step in the development of the business and we see numerous exciting opportunities in the region. The unique Snoozebox offering is ideally suited to the Gulf’s landscape. Dutco Group is a very high calibre partner and we look forward to working together.”
Jason Peers, Chief Investment Officer at Dutco Group, said “We see Snoozebox’s strong brand and differentiated offering as an excellent complement to our existing Dutco portfolio and we are delighted to be bringing the Snoozebox concept to the region.”
*Comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.