The Sir Bani Yas Island Al Sahel Villa Resort. Courtesy Anantara
The Sir Bani Yas Island Al Sahel Villa Resort. Courtesy Anantara
The Sir Bani Yas Island Al Sahel Villa Resort. Courtesy Anantara
The Sir Bani Yas Island Al Sahel Villa Resort. Courtesy Anantara

Anantara walks on the wild side with Sir Bani Yas Island villa resort


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A Thai hotel chain has unveiled its third property in the Western Region as Abu Dhabi Government focuses on developing the area.

Anantara Hotels, Resorts and Spas has opened its Arabian wildlife-themed Anantara Sir Bani Yas Island Al Sahel Villa Resort.

The 30 villas are located in a 4,100-hectare Arabian Wildlife Park, and are billed as part of a “desert savannah resort”.

The property is targeting families with children 12 years or older.

“Our approach to move away from the younger families is an effort to retain the serene and tranquil ambience of the resort, which is a key part of the guest experience,” said Helen Van Wengen, area director of sales and marketing for Abu Dhabi at Anantara.

The key markets for the property are the Gulf and the UAE, as well as European countries such as the United Kingdom and Germany.

“Additional markets beyond the geographical source markets and free, independent travellers, [include] boutique weddings and honeymoon [guests],” Ms Van Wengen said. “This is a discerning segment but one that the all-villa product offering is an ideal complement for intimate gatherings.”

Anantara also runs the Desert Islands Resort and Spa and Anantara Sir Bani Yas Island Al Yamm Villa Resort.

“With this latest offering, guests can now choose from a range of stay experiences that will certainly meet their holiday expectations and encourage visitors to the island – especially with the introduction of new direct flights from Abu Dhabi and Dubai to Sir Bani Yas,” said Ali Al Hammadi, deputy managing director of developer Tourism Development and Investment Company.

Guests can choose a one-bedroom villa, one-bedroom pool villas or two-bedroom pool villas, which are accessed by 4x4 land cruiser cars.

Opening room rates start at Dh2,200 per villa a night for two adults, inclusive of breakfast.

The Abu Dhabi Government has focused on the development of Western Region, also known as Al Gharbia, to diversify the economy

“The Western Region is one of the priorities of the Abu Dhabi Government in terms of economic regeneration and more importantly, job creation,” said John Podaras, a Dubai-based partner at consultancy Hotel Development Resources.

But the remoteness of the region also has a downside.

“[It] means achieving significant year-round occupancies is challenging due to access, seasonality issues and short length of stay, characteristic of the holiday and weekend visitor profile,” he said. “The region needs a critical mass of attractions and development of significant industrial and commercial centres to generate higher levels of demand for hotel accommodation.”

In May, Al Gharbia Development Forum underscored the region’s potential for the private sector as the Government announced a Dh330 billion package of investment over the next five years.

The Western Region Development Council is also offering land it owns around Madinat Zayed, Ruwais, Liwa, Ghayathi, Mirfa, Sila and Delma Island to UAE developers free of charge to build homes, shops and community services.

The Western Region is home to the Shams1 solar power plant and a nuclear power plant besides power plants in Ruwais and Ghuwaifat, ports and local housing projects.

Al Gharbia covers 60 per cent of Abu Dhabi’s land mass but has just 11 per cent of the emirate’s population.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Company profile

Name:​ One Good Thing ​

Founders:​ Bridgett Lau and Micheal Cooke​

Based in:​ Dubai​​ 

Sector:​ e-commerce​

Size: 5​ employees

Stage: ​Looking for seed funding

Investors:​ ​Self-funded and seeking external investors

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