Tag Archives: SHA

As the advisory arm of Ras Al Khaimah Hospitality Holding (RAKHH), in the past 5 years, Stirling Hospitality Advisors (SHA) has consulted on close to 30 projects in the northern emirate, including hotels, luxury resorts, experiential camps and more. According to the latest data from Ras Al Khaimah’s municipality, the emirate experienced a 45 per cent increase in overall real estate transactions in the first half of 2022, compared to H1 2021. In that period alone, it recorded more than AED 4 billion worth of real estate transactions, further cementing its position as an attractive real estate and hospitality investment hub for hotel groups and investors. With a series of recent hotel openings and tourism activations, the northern emirate has been leading the region’s tourism sector thanks to its diverse offerings that cater to guests across all age groups and interests. The latest announcement from Wynn Resorts marks the first integrated resort in the GCC, bringing another unique hospitality offering to the region. Additionally, the emirate was also selected by Time magazine as one of its World’s Greatest Places of 2022 for its stunning geodiversity and superlative outdoor adventure offerings. Amongst the various destinations SHA currently oversees projects in, the consultancy played an instrumental role in developing the Northern Emirate into a world-renowned tourist destination for active and family tourism. Over the past 5 years, SHA has participated in the pre-opening and opening of 10 hotel projects across its portfolio, showcasing its superlative industry experience in successfully transitioning hotels from concept development to operational. Tatiana Veller, Managing Director of Stirling Hospitality Advisors said: “Ras Al Khaimah is an increasingly attractive market for investors and real estate owners at the moment. …

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