Rotana to build 12 new hotels in the UAE by 2020
Upon completion, the new hotels will add 4,360 keys to Rotana’s existing inventory, taking its portfolio in the UAE to 44 properties
Abu Dhabi headquartered Rotana announced plans to open seven new hotels in Dubai, four hotels in Abu Dhabi, and one in Ras Al Khaimah by the end of 2020.
Six of the upcoming properties will be five-star hotels, with the remaining properties comprising of a mix of four and three star hotels and hotel apartments.
Upon completion, the new hotels will add 4,360 keys to Rotana’s existing inventory, taking its portfolio in the UAE to 44 properties, including 21 in Dubai and 17 in Abu Dhabi, with a room inventory of 11,782 (6,682 in Dubai alone and 5,100 in Abu Dhabi).
The total value of the 12 upcoming properties managed by Rotana in the UAE is estimated at $1.7bn (AED6.24bn).
Omer Kaddouri, president and CEO of Rotana, said: “With us bringing to the local market 12 new properties within the next four years, we further express our commitment to supporting the UAE’s tourism ambitions and reaffirming our belief in the long-term prospects of the country’s hospitality industry.
“Next year, we will be introducing a number of five-star properties to the market, including the all-new Saadiyat Rotana Resort and villas in Abu Dhabi, scheduled to open in Q4 2017.
“Ideal for both, business and leisure travellers, the resort will feature 354 upscale rooms and suites, 13 beach villas, a beach club and extensive conference facilities.”