Development and operating a hostel building located within Oman Tourism College (OTC).

Development and operating a hostel building located within Oman Tourism College (OTC).

Announcement No. 52/2025
Subject Development and operating a hostel building located within Oman Tourism College (OTC).
Brief Oman Tourism Development Company (OMRAN Group) announces the launch of a Request for Proposal (RFP) titled “Development and operating a hostel building located within Oman Tourism College (OTC).”

This project involves a building originally designated as a student hostel. Development was paused due to strategic considerations. OMRAN Group now seeks to engage financially qualified investors for a long-term partnership focused on the development, completion and operational management of the facility.

This tender offers a unique investment opportunity designed to support the sustainable growth of the tourism sector in Oman, enhance asset value, and contribute to the Sultanate’s strategic objective of positioning itself as a premier tourism destination.

Interested parties must demonstrate financial capability, relevant operational experience, and a commitment to align with OMRAN Group’s standards for sustainable development and sector growth.

General Information

Building Location Oman Tourism College, Airport Heights, Muscat
Allocated Land Area 4,000 Sqm
Building Plan G+2 floors accommodating a total of 78 room units
Status of the Building Ground floor and 1st floor structure is complete (2nd floor not complete)
Original Intended Use Hostel for college students
Allowed Use Hostel, college-hotel, other relevant use (subject to approval)
Built Up Area (BUA) 3,785 Sqm when fully developed (2,525 Sqm As-Is)

Ground Floor (structure complete):

  • 24 rooms (each room with attached toilet & kitchenette)
  • Supervisors room with attached toilet, living room and office
  • Waiting area
  • Common hall
  • Common toilet
  • Laundry room

First Floor (structure complete):

  • 27 rooms (each room with attached toilet & kitchenette)
  • Common hall
  • Common toilet

Second Floor (not developed):

  • 27 rooms (each room with attached toilet & kitchenette)
  • Common hall
  • Common toilet
Proposal Requirements The interested bidders to provide a proposal covering a minimum of the following:

  • Investor Profile or Company Profile
  • Business plan that includes but not limited to:
    • Intended building use and utilization details
    • Development cost and completion plan
    • 10 years financial projections
  • Commercial Proposal
    • Proposed corporation structure (between investor and OMRAN Group)
    • Proposed commercial terms (lease, purchase, partnership etc.)
Company Grade Local (A-Grade) & International companies
Announcement Posting Date 7th August 2025
Interests Submission Closing Date 7th September 2025
Interests Submission All interested parties are required to submit their Proposals via the following email address: invest@omran.om.
Enquiries & Site Visit For further enquiries & site visit arrangement please contact 24391111 during working hours
    

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