Dubai: wasl hospitality and leisure, a subsidiary of wasl Asset Management Group, announced the near completion of works on four new hotel developments soon being launched into Dubai’s hospitality sector.
Construction work at Hyatt Centric Hotel is progressing, with a 98 per cent completion rate. The project is being developed on a plot area of 4,122 square metres in proximity to La Mer beach, overlooking the waterfront of the Arabian Gulf. Other facilities at the hotel include all-day dining areas, a pool, a gymnasium as well as treatment rooms. The hotel is expected to be operational by the fourth quarter.
wasl hospitality is also developing a hotel in Al Sufooh, which will be operated by Marriott International, featuring 318 rooms and with an expected completion by early 2022. The company recently completed the concrete structure of the new 30-floor tower. Aloft Dubai Airport, which includes 230 rooms, and Element Dubai Airport, which features 89 furnished apartments, are expected to be launched over the next few months.
wasl hospitality has a portfolio of 6,885 hotel rooms, of which 5,301 rooms are distributed among 19 hotels and 1,584 hotel apartments among nine hotels.
