The anniversary coincides with the UAE’s decision to extend the ‘Year of Sustainability’
Speaking at the Arabian Travel Market, Damac chairman Hussain Sajwani said: "Over the past 4 years, Damac has delivered 1,700 hotel units that are in operation currently, and we're looking to increase that to over 5,500 rooms by year end. With Expo 2020 just around the corner, there is much expected from Dubai's hospitality sector, and this global destination is all set to welcome over 20 million visitors in the coming years. The goal of delivering 15,000 keys by 2021 is a task that is both challenging and thrilling."
Jean Faivre, senior vice-president - hospitality, Damac Hotels & Resorts, said: "Damac has already set new trends with the Damac Maison and Damac Maison Royale brands. With room occupancy topping 29 million room nights last year and at 78 per cent occupancy rate, we anticipate a lot more hospitality units will be needed to cope with the influx of tourists over the coming years."
Damac Hotels & Resorts has 2 brands, Damac Maison Royale and Damac Maison. The current operational projects are located in and around Downtown Dubai and Business Bay, with other property openings planned in key areas of the city.
- business@khaleejtimes.com
The anniversary coincides with the UAE’s decision to extend the ‘Year of Sustainability’
Redwood Center of Excellence offers a nurturing environment with an IB Primary Years Programme, blending Montessori, Reggio Emilia, EYFS, and STEM, ensuring holistic development for children
Both countries will not only promote existing relations in petrochemical, energy and infrastructure but they are keen to explore new avenues and sectors to diversify their economic relations
UAE’s most-awarded nursery chain pioneers quality education and child development across 30 convenient locations in the UK and UAE
Unveiling the strategies driving the UAE's spa and wellness industry to new heights
Say goodbye to layover woes and hello to unforgettable adventures with Turkish Airlines' Stopover Istanbul and Touristanbul programmes
It will be important to watch if the central bank nudges the South Asian currency higher as a slight downward bias is likely to persist in the market, says expert
K. Padmarajan, a 65-year-old tyre repair shop owner, began fighting elections in 1988 from Tamil Nadu state