BTC INTRODUCTION

History & Structure

BTC History

The Arab International Hotels Company PLC (AIHO) was established in 1975 with an initial capital of JD3 million. Since its inception, the company has raised its capital to JD32 million through stock dividends as well as capital increases. During this same period, the shareholders’ equity increased to JD 61.12 million as of the end of 2016.

Today, AIHO is one of the leading tourism sector operators in Jordan. The company owns and operates a number of prominent luxury hotels and resorts, in addition to being a stakeholder in several others.

In 1976, AIHO signed a contract with Marriott International for the management of a new hotel in Jordan, and as a result, the Amman Marriott Hotel received its first guest in January 1982. The hotel was one of first 5-star hotels in the country and has maintained its position at the forefront of the capital’s hospitality industry throughout the years. The Amman Marriott was also the third fully-managed Marriott Hotel to open and operate outside the United States.

Following the success of the Amman Marriott, in 1995 AIHO led a group of investors to establish the Business Tourism Company (BTC) with the objective of developing a number of other 5-star hotels outside the city of Amman. As a result of this initiative, two other hotels have been added to Jordan’s Marriott portfolio, one in Petra and one at the Dead Sea. As part of the group’s long term strategy, several other projects, to be developed across Jordan and managed by Marriott Brands, are in the pipeline.

AIHO also holds a 26.6% stake in Al Dawliyah for Hotels and Malls (MALL), which is the owning company of the Sheraton Hotel in Amman.

In addition to playing a significant role in the tourism sector, AIHO is an equity shareholder and a director of Jordan Applied University, offering diploma and baccalaureate degrees in hotel and hospitality management.

BTC Structure

The Arab International Hotels Company PLC (AIHO) was established in 1975 with an initial capital of JD3 million. Since its inception, the company has raised its capital to JD32 million through stock dividends as well as capital increases. During this same period, the shareholders’ equity increased to JD 61.12 million as of the end of 2016.

Today, AIHO is one of the leading tourism sector operators in Jordan. The company owns and operates a number of prominent luxury hotels and resorts, in addition to being a stakeholder in several others.

In 1976, AIHO signed a contract with Marriott International for the management of a new hotel in Jordan, and as a result, the Amman Marriott Hotel received its first guest in January 1982. The hotel was one of first 5-star hotels in the country and has maintained its position at the forefront of the capital’s hospitality industry throughout the years. The Amman Marriott was also the third fully-managed Marriott Hotel to open and operate outside the United States.

Following the success of the Amman Marriott, in 1995 AIHO led a group of investors to establish the Business Tourism Company (BTC) with the objective of developing a number of other 5-star hotels outside the city of Amman. As a result of this initiative, two other hotels have been added to Jordan’s Marriott portfolio, one in Petra and one at the Dead Sea. As part of the group’s long term strategy, several other projects, to be developed across Jordan and managed by Marriott Brands, are in the pipeline.

AIHO also holds a 26.6% stake in Al Dawliyah for Hotels and Malls (MALL), which is the owning company of the Sheraton Hotel in Amman.

In addition to playing a significant role in the tourism sector, AIHO is an equity shareholder and a director of Jordan Applied University, offering diploma and baccalaureate degrees in hotel and hospitality management.

Book Your Room Now

Relax in our Resorts

Vivamus volutpat eros pulvinar velit laoreet, sit amet egestas erat dignissim. Sed quis rutrum tellus, sit amet viverra felis. Cras sagittis sem sit amet urna feugiat rutrum. Nam nulla ipsum, venenatis malesuada felis.

marriott-01
marriott-02

Start typing and press Enter to search