UAE: New Ras Al Khaimah resort will be a ‘must see’ tourism destination, says CEO

UAE: New Ras Al Khaimah resort will be a ‘must see’ tourism destination, says CEO

The much-anticipated gaming and integrated resort Wynn Al Marjan resort coming up in Ras Al Khaimah will be a “must see” tourism destination in the UAE, its chief executive said on Thursday.

Craig Billings, CEO of Wynn Resorts, said the foundation work of the $3.9 billion (Dh14.3 billion) Wynn Al Marjan is almost complete and vertical construction is set to begin soon.

“Construction of Wynn Al Marjan Island continues, with much of the hotel tower and podium foundation complete, and preparations underway to start vertical construction of the hotel tower. We are confident the resort will be a 'must see' tourism destination in the UAE,” said Bilings after the 2023 annual results on Thursday.

“We are excited about the outlook for the company, and we will continue to focus on driving long-term returns for shareholders,” he added.

Al Marjan Island in Ras Al Khaimah is believed to be the next big branded residences market in UAE as many big developers have launched projects on the Island and many new are in the process of launching.

In March 2023, Alec Engineering and Contracting was awarded the main contract for the construction of the integrated resort development. Bauer International is undertaking the piling and enabling works.

1,500 rooms,