Business | Tourism
Dh600m project to bolster Ras Al Khaimah tourism
The UAE is expecting to attract 11.2 million tourists by 2010, signifying the success of considerable efforts by various governments - including Dubai, Abu Dhabi and Ras Al Khaimah - to invest into the growth and development of the hotel and hospitality industry in the country.
Dubai: The UAE is expecting to attract 11.2 million tourists by 2010, signifying the success of considerable efforts by various governments - including Dubai, Abu Dhabi and Ras Al Khaimah - to invest into the growth and development of the hotel and hospitality industry in the country.
With aims to leverage the booming tourism sector, AAKAR Marjan Island LLC, a luxury community developments in the Middle East, has announced that its Dh600 million luxury hotel and residential apartment complex located on the largest island of the Al Marjan Islands development in RAK will be completed by 2010.
Ami the growing popularity of Ras Al Khaimah as a premier vacation destination, plans have been laid out to increase the number of hotel rooms in the emirate to reach a total of 7,500 by 2012, and to accommodate 20 new hotels by 2012, while supporting projects such as the Al Marjan Islands.
Similarly, Dubai is also witnessing rapid expansion in its portfolio of hotels and hotel apartments, which is expected to cross 93,867 units by 2016, while Abu Dhabi announced its plans to catch on the rising demand for new hotel rooms, which was estimated at 17,000 to 20,000.
AAKAR Marjan Island's multimillion dirham hotel and residential apartment complex is set to be one of the latest world-class tourist attractions, which the UAE is set to offer to global, regional and local tourists.
Share this article
More from Tourism
More from Business
Popular in Business

-
General
Precious jump
Gold prices at new high as India's central bank buys $6.7b worth of gold
Business Editor's choice
-
UAE companies in full force at WTM
Seventy-eight participants are from Dubai and 50 from Abu Dhabi
-
DIFC committed to high standards
Ensures an efficient process to serve the business community
-
Sweet life in the Middle East
A sweet look at the confectionary industry in the UAE and Middle East


