Emaar Hospitality, Abu Dhabi National Hotels part ways on 5 hotels

Shutterstock [For illustration]

Abu Dhabi National Hotels (ADNH) and Emaar Hospitality Group have agreed to transition the management of five hotels, effective January 1, 2024.

As part of the strategic move, these five hotels will be directly managed by ADNH on a franchise model under other luxury international hotel brands.

These hotels include Address Boulevard, Address Dubai Mall, Address Dubai Marina, Vida Downtown and Manzil Downtown.

The CEO of Abu Dhabi National Hotels, Khalid Anib, expressed gratitude to Emaar Hospitality Group for its exceptional success in managing the five hotels.

"Throughout their tenure, the five hotels under Emaar Hospitality Group management have consistently achieved high rankings across all hotel ratings and have provided remarkable and exceptional guest experiences," he said.

Reflecting on the five-year partnership, the spokesperson of Emaar Hospitality Group said, "Our collaboration with Abu Dhabi National Hotels has been marked by mutual respect and shared achievements."

The rebranding of these hotels under ADNH's direct management is anticipated to bring a fresh perspective while building on the solid foundation established by Emaar Hospitality Group.

ADNH, which was founded in 1976 as a hotel owner and asset manager, has evolved into a hospitality group that encompasses hotels, restaurants, destination management services, catering and transportation.

More from Business News

  • UK's Jaguar Land Rover to halt US shipments over tariffs

    Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.

  • US starts collecting Trump's new 10% tariff

    U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.

  • Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

    The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.

  • Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

    UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).

Blogs