Korean Ssangyong E&C to build five-star Andaz hotel in Dubai
South Korean builder Ssangyong E&C has won a USD 62 million contract from UAE-based wasl Asset Management Group to build five-star, 156-room Andaz boutique hotel at La Mer beachfront development in Dubai, reported Trade Arabia. The property is a Hyatt brand, and will be designed by VX Studio.
Wasl, a public entity that develops and manages government property assets, currently owns 14 hotel properties in Dubai, including Dusit Thani, Park Hyatt and Le Meridien.
Work already kicked off, and the project will be ready in 2020.
Qatari hospitality firm Retaj Group to have 25 hotels over the next five years
Retaj currently operates nine properties in Qatar and overseas under its hospitality business portfolio
Spanish Barcelò Hotel Group to launch its third property in the UAE
The new property is just one of eight new ventures the group announced were in the pipeline for the Emirates.
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