Marriott International said it expects to add
11 new properties in the UAE by year-end, with a robust development outlook
over the next five years.
Year-to-date, the company has added six new
properties and is scheduled to add five more in the country - bringing its
portfolio in the UAE to 59 properties and over 17,000 rooms across six Emirates
by the end of the year.
Two of the company’s openings this year feature
regional brand debuts - the eco-conscious Element Hotels brand, which opened
earlier this year in Dubai, and the EDITION brand, which is scheduled to open
in Abu Dhabi later this year, Marriott said in a statement.
The company added that it plans to further
enhance its footprint in the UAE with the addition of more than 20 new
properties in the next five years. The company expects this development
pipeline could generate over 5,000 new jobs in the country.
Arne Sorenson, president and CEO, Marriott
International said: “Our success in the Middle East stems from our
long-established presence in the market and the value we deliver to our
owner-partners. It is the trust owners have in Marriott International, combined
with our differentiated brands and collective strength of our global platform,
that has put us in a position to further expand our portfolio in the country
and strengthen guest loyalty.”
He added: “We are privileged to have the
opportunity to contribute to the ongoing growth and diversification of the
UAE’s economy and remain committed to supporting the direction of its visionary
leaders to further enhance the tourism sector.”
He said 2018 has been a milestone year for
Marriott International in the UAE, with the company anticipating having added
over 2,600 rooms by year-end.
The company said it is also seeing an increased
demand for branded residences in the UAE and across the region. Across the
Middle East and Africa, Marriott currently operates three branded residential
properties, including the Bulgari Residences in Dubai, and anticipates to more
than double its residential portfolio in the region with eight projects
scheduled to open by 2022.
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