ADNH invests over USD 272 million to develop a luxury resort at Al Marjan Island, RAK

ADNH invests over USD 272 million to develop a luxury resort at Al Marjan Island, RAK

September 21,2022 0 Rita Ghantous

Abu Dhabi National Hotels (ADNH), a hotels, catering, tours and transportation operator, has acquired a prime plot on Al Marjan Island to develop an AED 1 billion luxury resort, with 1,000 rooms spread over 1 million square feet overlooking the Arabian Gulf.   

Commenting on the investment, Sheikh Ahmed Aldhaheri, vice chairman and MD of ADNH, said: “This is an exciting opportunity to expand and position into other Emirates. Our strong belief in the UAE’s potential, economy and leadership were the main catalysts of this investment.”

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 confidence in the potential of the destination and will catalyze additional investments.”

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.

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About author

Rita Ghantous

Publication Executive

Rita Ghantous is a hospitality aficionado and a passionate writer with over 9 years’ experience in journalism and 5 years experience in the hospitality sector. Her passion for the performance arts and writing, started early. At 10 years old she was praised for her solo performance of the Beatles song “All My Love” accompanied by a guitarist, and was approached by a French talent scout during her school play. However, her love for writing was stronger. Fresh out of school, she became a freelance journalist for Noun Magazine and was awarded the Silver Award Cup for Outstanding Poetry, by The International Library of Poetry (Washington DC). She studied Business Management and earned a Masters degree from Saint Joseph University (USJ), her thesis was published in the Proche-Orient, Études en Management book. She then pursued a career in the hospitality industry but didn’t give up writing, that is why she launched the Four Points by Sheraton Le Verdun Newsletter. Her love for the industry and journalism led her to Hospitality Services - the organizers of the HORECA trade show in Lebanon, Saudi Arabia, Kuwait and Jordan, as well as Salon Du Chocolat, Beirut Cooking Festival, Whisky Live and other regional shows. She is currently the Publications Executive of Hospitality News Middle East, Taste & Flavors and Lebanon Traveler. It is with ultimate devotion for her magazines that she demonstrates her hospitality savoir-faire.

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