Tourism Breaking News
Palladium Hotel Group is strengthening its international presence with its arrival in the Middle East. The project announced will be carried out in conjunction with Al Marjan and Almal Real Estate Development, an award-winning ultra-luxury developer based in the region.
The ambitious project, which attracts more than $100 million in investment, will consist of 442 hotel rooms and residential units. It represents the first international opening for the iconic Ibiza-born brand, which is now to be known as Ushuaïa Unexpected Hotels & Residences, integrating the concept of branded residences with the existing hotel proposition. The hotel and residential facility will be located on Al Marjan Island in Ras Al Khaimah, one of the region’s premier tourist and investment destinations, and will comprise a sophisticated beach club, exquisite restaurant and captivating infinity pool, all situated adjacent to the Wynn Resort Island and overlooking the picturesque Arabian Gulf.
Jesús Sobrino, CEO of Palladium Hotel Group, said: “This is a triple milestone for the company, as we announce our arrival in the Middle East and the growth of an emblematic brand for Palladium Hotel Group, as well as the group’s first foray into the branded residences segment. We are proud to be able to carry out this project hand in hand with two partners with whom we are aligned on the concepts of service and entertainment, and therefore we thank Almal Development and Al Marjan for their trust.”
Dmytro Starovoitov, Co-Founder, Almal Development, said: “Our new development embodies Almal’s commitment to delivering unmatched luxury and sophistication in the realm of hospitality and entertainment. As a full-service investment and development company, we are excited to bring the brand Ushuaïa Unexpected Hotels & Residences to the UAE, unveiling a groundbreaking hospitality concept with unparalleled experiences.”
Arch. Abdulla Al Abdouli, Chief Executive Officer, Marjan, said: “As the master developer of freehold properties in Ras Al Khaimah, we are thrilled to continue shaping the future of upscale living on Al Marjan Island with the launch of this prestigious project. We are always dedicated to providing rewarding opportunities for investors and unparalleled experiences for residents and guests, further enhancing the allure of the island as a premium lifestyle destination.”
