Tag Archives: International Hotel Investment Forum

Al Marjan Island showcases investment opportunities in Berlin

Al Marjan Island - Ras Al Khaimah

Al Marjan Island showcased investment opportunities within the flagship development owned by the Ras Al Khaimah Government and in the Emirate at the International Hotel Investment Forum in Berlin, held from March 5 to 7, 2018. This further builds on the record growth in tourist arrivals to Ras Al Khaimah in 2017, with the number of tourists gaining 19 per cent over 2016. According to the Ras Al Khaimah Tourism Development Authority, Germany, Russia, the UK and India were the top international source markets. Hotel occupancy also recorded growth to 73.6 per cent with the average length of stay increasing by 2.71 per cent to 3.41 days. Al Marjan Island is a Patron of the premier hotel industry event to be attended by over 2,000 senior hospitality investors and professionals from over 80 countries, and will highlight the remarkable evolution of the master-planned destination that will feature beachside resorts, branded and non-branded residences and leisure attractions. The development pipeline and the long-term expansion plans for the destination will be presented to underline the investment opportunities offered for the hotel industry within the development. At Al Marjan Island, international investors can purchase land plots with development rights. The infrastructure for the land is already developed under a plug-and-play model. Most of the plots are designated for residential units, boutique hotels, resort hotels, community facilities and retail.

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