ALDAR Signs an Agreement with The Rezidor Hotel Group

Published May 7th, 2008 - 10:43 GMT

ALDAR Signs an Agreement with The Rezidor Hotel Group

Agreement to develop a Radisson SAS Hotel on ALDAR’s YAS Island

ALDAR Properties, the leading Abu Dhabi-based property developer’s Hotels and Hospitality division signed an initial agreement with The Rezidor Hotel Group to develop a Radisson SAS Hotel in Abu Dhabi on the luxury leisure entertainment destination YAS Island.  The signing brought together, Paul Bell, Managing Director ALDAR Hotels and Hospitality and Jean-Marc Busato, Area Vice President of The Rezidor Hotel Group.

Ronald S. Barrott, CEO of ALDAR Properties commented on this agreement, “Aligning with internationally recognised hospitality brands is part of ALDAR’s strategy to bring high quality investment opportunities to our developments.  This agreement signifies ALDAR’s commitment to bring world-class players to our market, and to Abu Dhabi.”

The agreement between ALDAR Hotels and Hospitality and The Rezidor Hotel Group includes a Radisson SAS Hotel with 370 rooms, a wide range of restaurants, and state-of-the-art-facilities. The hotel will have facilities and services to match the exceptional location close to all the numerous attraction including Ferrari World / the race track and bordering the links golf course.  

Paul Bell, Managing Director, ALDAR Hotels and Hospitality stated, “The Radisson SAS will make an excellent contribution to our growing portfolio of international brands across ALDAR’s development.  We are delighted to be bringing the Radisson SAS brand to YAS Island. The objective of ALDAR Hotels and Hospitality is to   partner world-class hotels and hospitality brands with the world-class locations on ALDAR’s many developments, and this new agreement re-enforces our delivery of this objective.”

Jean-Marc Busato, Area Vice President of The Rezidor Hotel Group commented, “ALDAR Hotels and Hospitality are redefining Abu Dhabi’s hospitality landscape and Rezidor is delighted to be involved in managing this exceptional project.  We are looking forward to becoming a part of the phenomenal YAS Island destination and to delivering the Radisson SAS brand of service and product to this exceptional project in Abu Dhabi.”

The Rezidor Hotel Group is one of the fastest growing hotel companies in the world, with a portfolio of 333 hotels in operation and under development, with more than 68,000 rooms in 51 countries. The group covers destinations across Europe, the Middle East and Africa, with five unique brands to choose from, each with its own distinct character and style. 

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