Middle East Business: Abu Dhabi National Hotels to develop AED1bn RAK resort – Gulf Digital News

Middle East Business: Abu Dhabi National Hotels to develop AED1bn RAK resort – Gulf Digital News

Abu Dhabi National Hotels (ADNH) has acquired a prime plot on Al Marjan Island in Ras Al Khaimah to develop a AED1 billion ($272 million) luxury resort with 1,000 rooms, spread over 1 million sq ft overlooking the Arabian Gulf.

Abu Dhabi National Hotels (ADNH), an operator of hotels, catering, tours and transportation, has acquired a prime plot on Al Marjan Island in Ras Al Khaimah to develop a AED1 billion ($272 million) luxury resort with 1,000 rooms, spread over 1 million sq ft overlooking the Arabian Gulf.

The investment highlights the appeal of Al Marjan Island as one of the top tourist destinations in the UAE with several global hotel operators already having made significant investments.

Arch. Abdulla Al Abdooli, CEO of Marjan, said: “Ras Al Khaimah’s strength is its fully diversified economy with the leadership focused on promoting trade, tourism, hospitality, and manufacturing. Over the years, the Emirate has strengthened its reputation as an investment, hospitality, and tourism hub, attracting high-profile investments and featuring world-class assets.

“Marjan continues to establish high-end projects in the hospitality, leisure and sports sectors to support the destination strategy of the Emirate. The investment by ADNH to develop a luxury resort in Al Marjan Island reflects its