Tag Archives: double by 2027

Stirling Hospitality Advisors highlights that by 2027 Ras Al Khaimah’s total hotel inventory is expected to double with 7,537 new rooms added to the existing 7,144, bringing the total to over 14,600. Notably, 71% of this pipeline falls within the five-star category, further cementing RAK’s status as a premier luxury hospitality destination. The latest research showcases the Emirate’s growing tourism sector, which has seen a robust increase in visitor numbers, a rapidly evolving hotel pipeline, and the emergence of branded residences as a key investment asset. With tourism at an all-time high, Ras Al Khaimah’s hotel sector is poised for significant expansion. The Emirate is set to welcome over 15 international hotel operators across all segments, from luxury to midscale. New entrants such as Wynn, Millennium, Radisson Red, Ushuaïa, and Rove Al Marjan underscore RAK’s growing and diversified hospitality landscape. Providing valuable insights into market performance, supply trends, and investment opportunities, the report also highlights a shift in market leadership among hotel operators, with Accor surpassing Hilton in 2024 due to strategic rebranding initiatives. This transition was fueled by the conversion of Al Marjan Resort into Pullman and the rebranding of Hilton Beach Resort into Rixos Al Mairid, reflecting the Emirate’s dynamic hospitality landscape and commitment to delivering world-class guest experiences. Meanwhile, Marriott is rapidly catching up – the operator currently has the largest pipeline in RAK with major developments like The Westin, W Al Marjan, and JW Marriott Al Marjan all scheduled to open by 2027. Commenting on the report’s findings, Tatiana Veller, Managing Director of Stirling Hospitality Advisors, said: “Ras Al Khaimah’s hospitality sector is undergoing a remarkable transformation. The combination of strong government support, ambitious development plans, and …

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