Dubai: Jumeirah, Emaar eye expansion, foray into new markets

  • Date: 13-Dec-2023
  • Source: Khaleej Times
  • Sector:Real Estate
  • Country:UAE
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Dubai: Jumeirah, Emaar eye expansion, foray into new markets



Published: Wed 13 Dec 2023, 1:46 PM

Dubai-based hospitality majors Jumeirah Group and Emaar Hospitality are looking to foray into new territories as well as expand in existing markets in the UAE, regionally and globally as the hospitality and tourism sectors continue to grow exponentially in the post-pandemic period.

Jumeirah Group plans to foray into the Americas as well as expand into Europe, Asia and the Middle East as part of its 2030 plan, said Alex Lee, chief commercial officer, Jumeirah Group.

“Vision 2030 is really about looking at where we go from here. As we navigated through the pandemic, we started to expand more internationally. In the last two years, we've already been a catalyst in the global destinations of Italy, Maldives, Bahrain and Muscat and opening hotels where we have not been before,” Lee said during the Skift Global Forum East, a day-two conference taking place in Dubai.

He added that the US, South America, Europe and Asia are the markets where the group will be strengthening its presence.

“In terms in terms of international expansion, America is on the horizon,” he said on the first day of the conference on Wednesday.

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