Management agreement for Corinthia in Morocco resort

Malta-based hotel operators Corinthia Hotels International (CHI) and Essential Developments, a development company based in the Isle of Man, have signed a technical assistance agreement and a 15-year hotel management agreement for the new Wyndham Port...

Malta-based hotel operators Corinthia Hotels International (CHI) and Essential Developments, a development company based in the Isle of Man, have signed a technical assistance agreement and a 15-year hotel management agreement for the new Wyndham Port Lixus Resort. The resort is a €58.4 million upscale hotel project to be built by Essential Developments on the northern Atlantic coast of Morocco.

The resort location is adjacent to the city of Larache and a convenient 40 minutes south of Tangier International Airport.

CHI will be giving its technical assistance and advice in the planning and design of the Wyndham Port Lixus Resort and will take on the full management of the hotel on completion. The 418-room hotel project falls within phase one of the Moroccan government-backed Vision 2010 plan of turning the 470 hectare historical Port Lixus area into an upscale tourist resort, complete with two 18-hole golf courses, a 700-berth marina, a 120-berth pleasure port with shopping and residential "water homes", extensive sporting and leisure facilities and upscale international hotels. Construction work on the resort is scheduled to commence in April of 2008, with the hotel set to open its doors in June 2010.

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