Azizi Developments enters hospitality sector; announces launch of global hotel brand

Azizi Developments enters hospitality sector; announces launch of global hotel brand

UAE real estate developer has announced plans to launch a hotel brand across the country and beyond, as part of its expansion into the hospitality sector. The company will introduce the brand, under which it will both develop and acquire hotel real estate that it will then own and manage. Azizi has appointed Michael Zager as its new chief operating officer – Hospitality. A hotel aficionado and industry veteran with over 35 years of experience in international hospitality, Zager will spearhead Azizi’s debut into the sector. He has previously held senior leadership positions across several hotel groups in Europe, the Middle East and Africa, including Wyndham Hotels & Resorts, Marriott, and InterContinental Hotels Group, for which he served as vice president in charge of the franchised and managed portfolio comprising more than 300 hotels spread over 26 countries. Farhad Azizi, CEO of Azizi Developments, said: “The hospitality sector is especially pronounced here in our home, the United Arab Emirates, 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