Mohamed Alabbar, Chairman of Emaar Properties, today announced the launch of the company's first hotel and houses project in Ras Al Khaimah, at the Arabian Hospitality Investment Seminar 2018.
Located in the Views island of Al Marjan Island, a four-island mega-development, Address Al Marjan Island hotel and residences will be taken care of by Emaar Hospitality Group's costs way of living brand, Address Hotels + Resorts. This marks the very first development of the Address brand to Ras Al Khaimah, and the initial growth endeavor by Emaar Development (DFM: EMAARDEV) in the emirate.
Address Al Marjan Island will be a resort-style growth that draws on its outstanding natural place, directly by the Arabian Sea. The hotel will have 249 rooms, including suites, while Address Residences Al Marjan Island will certainly comprise 234 premium apartments. As part of Views, the largest of the four islands that make up Al Marjan Island, residents will be in close proximity to the ubran core of the master-planned community as well as the community centre. With straight access to over 600 metres of beachfront, residents and visitors will have nonstop sights of the sea along with a variety of way of life services.
Sheikh Khalid bin Saud Al Qasimi, Chairman, Al Marjan Island, said: "We are honoured to invite Emaar and its distinguished Address hotel brand name to Al Marjan Island, which will certainly additionally reinforce the appeal of our master-planned advancement as a preferred hub for site visitors and financiers from around the globe. Emaar's tried and tested toughness in mixed-use growths will include significant worth to Al Marjan Island with the Address hotel to contribute to our emirate's tourism industry."
Mohamed Alabbar said: "With its positive economic growth and concentrate on enhancing the tourism and investment landscape, Ras Al Khaimah has tape-recorded robust development in visitor arrivals and in bring in inward investments. The vision of His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, to transform the emirate is underlined by mega-developments such as Al Marjan Island, which offers a perfect location for us to showcase our competencies in hospitality, property, retail and leisure growths."
The announcement of Address Al Marjan Island follows a MoU authorized by Emaar in December in 2014 to establish 2 million sq feet mixed-use tasks consisting of high-end property, hospitality and retail components in Al Marjan Island.
Eng. Abdullah Al Abdooli, CEO, Al Marjan Island, said: "The Address hotel and home growth will be another stimulant for Ras Al Khaimah's tourism industry, and highlight Al Marjan Island as a vibrant location offering extraordinary hotel options. The active involvement of leading designers such as Emaar in Al Marjan Island highlights the tremendous potential for development provided by the master-planned community which has actually already attracted worldwide financiers and hotel brands."
Olivier Harnisch, Ceo of Emaar Hospitality Group, said: "Address Hotels + Resorts is our homemade success story - a brand name that has redefined the hospitality sector with its ideology of 'where life happens'. Address hotels are set apart by their area, its service requirements and the wide variety of way of life amenities that ensure a costs way of living for guests and residents. Address Al Marjan Island marks our development to the fast-growing emirate of Ras Al Khaimah, which is focused on reinforcing tourism and leisure developments to invite visitors from all over the world."
Address Al Marjan Island will feature numerous unique restaurant ideas consisting of The Restaurant at Address for all-day dining, conference and reception room, a business lounge, a modern health and fitness centre, health facility, swimming pool and other wellness services. Even more information on the hotel will certainly be revealed in due course. Residents of the branded residences can access the hotel features.
Emaar Hospitality Group had most recently introduced its growth to Sharjah with a management arrangement to run three resorts in Aljada, a 24 million square foot integrated way of life location, and a brand-new leisure and enjoyment hub for Sharjah, developed by ARADA. The 3 hotels will certainly be under Emaar Hospitality Group's premium way of life Address Hotels + Resorts, upscale way of life Vida Hotels and Resorts, and the contemporary midscale Rove Hotels.
Globally, Emaar Hospitality Group has a portfolio of over 35 upcoming properties. It has 12 functional hotels and three serviced houses in Dubai consisting of five Address resorts-- Address Boulevard, Address Dubai Mall, Address Dubai Marina, Address Montgomerie and Royal Residence Midtown. In addition to an approaching hotel in Fujairah, worldwide, Address Hotels + Resorts will operate hotel projects in Saudi Arabia, Bahrain, Egypt, Turkey and The Maldives.
Al Marjan Island has a growth worth of over $1.8 billion with 1,500 operational hotel keys and greater than 2,000 domestic devices. Al Marjan Island is a cluster of 4 coral-shaped islands that is set to be a tourism and recreation hub. Framed against the Yanas and Jais Hills, and with its exotic overall beachfront area, the growth is aimed to drive the growth of the tourist, hospitality and retails sectors.