Hilton to operate 366-room hotel at Saadiyat Island in Abu Dhabi
International hotel operators continue to boost their presence in the UAE.
Hilton Worldwide will manage a Saadiyat Island property owned by Bin Otaiba Investment Group.
The 366-room Hilton Abu Dhabi Saadiyat Island Resort is expected to open in 2015.
Abu Dhabi, which is positioning itself as a cultural destination, plans to build the Louvre Abu Dhabi, Guggenheim Abu Dhabi, a performing arts centre and the National Museum on Saadiyat Island.
“It also represents a springboard to launch our future plans as we seek to increase investment across a greater number of projects and add further weight and value to our growing Abu Dhabi portfolio,” Khalaf Bin Ahmad Al Otaiba, the chairman of Bin Otaiba Investment Group, said today at the Arabian Travel Market in Dubai.
Last year, the master planner of Saadiyat Island, Abu Dhabi’s Tourism Development and Investment Company, sold the land to the group.
Spread over 91,000 square metres, the hotel project was expected to cost Dh800 million, according to an announcement from August 2013.
The Bin Otaiba group owns the Hilton Sharjah, an Embassy Suites Hotel in Sharjah and the Millennium Hotel Abu Dhabi.
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Published: May 6, 2014 04:00 AM