Azizi unveils plans for seven-star hotel in Dubai

  • Date: 21-May-2023
  • Source: Zawya
  • Sector:Tourism
  • Country:UAE
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Azizi unveils plans for seven-star hotel in Dubai

Azizi Developments, the Dubai-based developer recently announced its foray into the booming hospitality sector in the UAE.

As the country seeks to increase its investment into the hospitality sector, the company aims to contribute Dh60 billion towards this venture. Among the company’s plans is a seven-star hotel as well.

Farhad Azizi, CEO of Azizi Development, spoke to Khaleej Times in an exclusive interview, sharing his visions about the company’s new venture.

Excerpts:

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.

We have long been planning to diversify into the hospitality sector, with Dubai being the world’s most popular tourist destination. We see the emirate as the most welcoming, hospitable, and exciting place to visit, with more marvels to see than any other city in the world, and want to be a proactive part of that.

Our announcement coincided with the 30th edition of the Arabian Travel Market, the region’s leading event for the inbound and outbound travel industry and biggest gathering of its kind.

More importantly, the announcement also comes in light of His Highness Sheikh Mohammed bin Rashid