Is Sheraton Ruwi recovering?

The long closed old Sheraton in Ruwi is showing signs of life once in a while.  It might be approaching the end of its 6-year coma, as yesterday just blinked, moved one hand and whispered that it might wake up as new in 12 to 16 months.  The doctors and relatives are confident.

As an outsider and not knowing the property well enough, I would speculate that once revived the hotel has good chances in failing to regain its glory, provided it will try to pick up business where it left it 6 years ago.

Things have changed since then, lots of new upscale hotels came on the market and quite a few are just about to knock on the door like the Kempinski at The Wave, the W and the Westin in Shaati, The Intercontinental at the Muscat Hills just to name a few. The city is growing northwards; CBD is not going to stay in Ruwi forever. The Airport Heights are gaining already over Ruwi in offering higher quality office space and better accessibility.  

I am sure the owners have done their homework, but to me it seems that for that location there are two opportunities on the Muscat market that very few really cater for at the moment:

1. the extended stay business guests.  This segment still does not have a decent branded offering in town. If you’d like to stay for more weeks let alone months, you’d either put the big buck on the table or you’ll have to close your eyes and be happy with a locally branded compromise. The short term apartment rental market it also practically nonexistent.

2. the ergonomic, chic economy business hotel. The closest such brand in the Starwood portfolio is Element, however it’s rather unknown outside of North America.  Starwood website quotes an Element to be opened in Muscat in Jan 2016 (while it has no mention of a Sheraton to open any time soon), but that refers to the project replacing the Intercontinental Shaati along with the W and the Westin. A Four Points by Sheraton would also be a better option, allowing for a lower price point and avoid competition with the coastal 5 stars.

In my view, a combination of the above would be a much better bet for the glorious building than just stepping up as a face lifted Sheraton. Let’s see.