ATM Dubai 2023: Azizi Developments expands into hospitality sector; set to introduce global hotel brand

ATM Dubai 2023: Azizi Developments expands into hospitality sector; set to introduce global hotel brand

Developer names Michael Zager as new COO Hospitality

Michael Zager, the new Chief Operating Officer - Hospitality at Azizi Developments. — Supplied photo

Published: Mon 1 May 2023, 1:10 PM Last updated: Mon 1 May 2023, 1:11 PM

Azizi Developments, a leading private developer in the UAE, has just announced its plans to launch a hotel brand across the UAE and beyond, as part of its expansion into the hospitality sector. Azizi has appointed Michael Zager as its new Chief Operating Officer - Hospitality.

Azizi will soon introduce the new global brand, under which it will both develop and acquire hotel real estate that it will then own and manage.

A hotel afficionado and industry leader with over 35 years of experience in international hospitality, the German national will spearhead Azizi’s debut into the sector.

Farhad Azizi, CEO of Azizi Developments, said: “This announcement is one that we have been preparing for extensively. The hospitality sector is especially pronounced here in our home, the UAE, with Dubai seeing a substantial influx of visitors year after year and continuing to be crowned as the number one destination in the world. As a leading developer, we are now leveraging our real estate aptitude and in-depth understanding of the