Abu Dhabi Nationwide Motels to speculate over Dhs1bn to develop a luxurious resort on RAK’s Al Marjan Island

Abu Dhabi Nationwide Motels (ADNH) has acquired a main plot on Al Marjan Island in Ras Al Khaimah (RAK), to develop a Dhs1bn luxurious resort with 1,000 rooms, unfold over a million sq. toes overlooking the Arabian Gulf.

Al Marjan Island is among the high vacationer locations within the UAE with a number of world resort operators already having made important investments within the space.

Abdulla Al Abdooli, CEO of Marjan, mentioned: “Ras Al Khaimah’s power is its totally diversified financial system with the management targeted on selling commerce, tourism, hospitality, and manufacturing. Over time, the emirate has strengthened its fame as an funding, hospitality, and tourism hub, attracting high-profile investments and that includes world-class belongings. Marjan continues to ascertain high-end tasks within the hospitality, leisure and sports activities sectors to help the vacation spot technique of the emirate. The funding by ADNH to develop a luxurious resort in Al Marjan Island displays its confidence within the potential of the vacation spot and can catalyse further investments.”

Sheikh Ahmed Aldhaheri, vice-chairman and MD of ADNH, mentioned: “That is an thrilling alternative to broaden and place into different Emirates. Our sturdy consider within the potential, financial system and management of the UAE have been the primary catalyst of this funding.”

Khalid Anib, CEO of ADNH, mentioned: “At ADNH, we’re assured that our funding in Ras al Khaimah will create sturdy returns to our shareholders and improve UAE as a number one journey and hospitality vacation spot. This luxurious resort will complement our current portfolio throughout Abu Dhabi and Dubai.”

Al Marjan Island by Marjan has greater than 3,000 resort rooms, together with Hampton by Hilton Marjan Island, Mövenpick Resort Al Marjan Island, Rixos Bab Al Bahr Resort, DoubleTree by Hilton Resort & Spa Marjan Island and Marjan Island Resort and Spa.

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