HOTELS NEWS

JW Marriott Marquis Hotel Dubai strengthens its commitment to innovation, guest-centric service, and operational excellence with the appointments of Cohen, Vargas, and Zgheib.

Designed by KPF Architects, the hotel’s façade incorporates layered rooftops, elegant folding fan screens, and innovative negative space, merging tradition with contemporary craftsmanship.

The report highlights key trends, projecting the market to rise from US$9.8 billion in 2023 to US$18.0 billion by 2033, with a compound annual growth rate (CAGR) of 6.4%.

The new hotel aims to address the increasing demand for upscale accommodations, offering modern amenities, contemporary design, and a prime location.

The expo will feature over 60 exhibitors from East Africa, the rest of Africa, the Middle East, and Europe, showcasing a diverse range of products and services tailored to the hospitality industry.

The property features 256 guestrooms, including 32 suites and four opulent Royal Suites, along with 56 residences designed for extended stays.

Plans include 650 residential units alongside retail spaces, a luxury hotel, and key public facilities such as a mosque, a public majlis, sports fields, a medical centre, and a nursery.

This rapid development is reshaping industry standards, creating new investment opportunities, and enabling stakeholders to contribute to the country’s long-term economic transformation.

Hyatt has successfully priced US$500 million in both three-year and seven-year fixed-rate bonds.