Aldar Properties yesterday said it has signed an initial agreement with Rezidor Hotel Group to develop a Radisson SAS Hotel in Abu Dhabi on the Yas Island.
The deal between Aldar Hotels and Hospitality Rezidor Group includes a Radisson SAS Hotel with 370 rooms, a wide range of restaurants and state-of-the-art-facilities. The hotel will have facilities and services to match the exceptional location close to all the attraction, including the Ferrari World and the golf course.
Ronald S Barrott, CEO of Aldar Properties said: "Aligning with internationally recognised hospitality brands is part of Aldar's strategy to bring high quality investment opportunities to our developments. This agreement signifies Aldar's commitment to bring world-class players to our market and to the emirate of Abu Dhabi."