The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, will strengthen its UAE property portfolio with the launch of two new hotels in the DMCC Business Park.
The park is a 13.8 hectare free zone authority offering 50-year guaranteed tax holiday, 100 per cent business ownership and a secure regulated environment. The dual Rezidor property, which will open in the third quarter of 2011, will encompass the 150-room Radisson DMCC Business Park Hotel, Dubai and a second yet unbranded 300 room hotel in a 32 storey complex located at the centre of the development.
"These two new contracts bring our portfolio in the emirate to 10 properties in operation and under development – among them are the award winning Radisson SAS Dubai Deira Creek and Radisson SAS Dubai Media City," said Kurt Ritter, President & CEO, Rezidor.
Being developed in conjunction with DMCC – the Dubai Government's strategic initiative to establish a commodity market place in the emirate – the two hotels will play an important role in meeting the development's demand for high-end, short-stay business accommodation solutions. "DMCC Business Park has been launched to meet the needs of the growing business community in Dubai, and will be a mixed used development.
"The double-branded hotel tower will prove to be of great value in catering to the varied interests of all our members and the Business Park. We are pleased to tie up with the Rezidor Group which brings its special expertise to this project," said Bryan Wilson, Executive Director – Property at DMCC.
The Radisson DMCC Business Park Hotel, Dubai will have three restaurants, a bar and restaurant, a lobby area with an executive lounge, a ballroom, meeting rooms and fitness facilities as well as ample parking space.
The second hotel will comprise a restaurant, lobby lounge, meetings rooms, fitness facilities and further restaurants which will be shared with the adjoining Radisson property.
"These hotels will play an important role in strengthening the Rezidor brand both here in the UAE and in the wider Middle East markets. Our partnership with DMCC, and their decision to appoint us to manage their properties, is a testament to our strengthening reputation here in the emirate," said Jean-Marc Busato, Area Vice President, Rezidor. With the announcement of the upcoming Regent Emirates Pearl in Abu Dhabi, Rezidor is well on track to have a presence in each of the seven emirates in the next five years.