Friday 20 April 2018
 
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$6bn LEISURE, ENTERTAINMENT HUB

Sheikh Sultan (right) inks the deal with Alabbar and Prince Khaled.

Emaar, Arada launch three big hospitality projects in Sharjah

DUBAI, 7 days ago

In a significant deal that will boost the hospitality landscape of Sharjah, Emaar Hospitality Group, a subsidiary of UAE developer Emaar Properties, has signed a partnership deal with Arada, a joint venture between KBW Investments and Basma Group, to launch three new hotels in Sharjah.

Emaar's hospitality and leisure arm said as per the agreement, it will manage three distinctive hotels - the 150-room Address Aljada Sharjah and also the Address Residences Aljada Sharjah; the 175-room Vida Aljada Sharjah along with Vida Residences Aljada Sharjah, besides the 300-room Rove Aljada Sharjah.

The three hotels under Emaar Hospitality Group’s premium lifestyle Address Hotels + Resorts, upscale lifestyle Vida Hotels and Resorts, and the contemporary midscale Rove Hotels will all be located within Aljada, a 24-million-sq-ft integrated lifestyle destination, and a new leisure and entertainment hub for Sharjah.

Boasting an exclusive collection of 150 serviced residences, the Address Residences Aljada Sharjah will be located in Aljada’s Central Hub, the heart of the megaproject.

Designed by Zaha Hadid Architects, the 1.9-million-sq-ft Central Hub will be a new focus for leisure and entertainment in the UAE, and a significant addition to an emirate that is already widely regarded as the cultural capital of the Arab world.

In close proximity is the Vida Aljada Sharjah with 175 hotel rooms and Vida Residences Aljada Sharjah with 120 residences.

Located within Aljada’s Business Park is the 300-room Rove Aljada Sharjah, the serviced residences under Address and Vida which will be offered for sale in the fourth quarter of 2018.

Aljada’s Central Hub will be a major destination for tourists and residents in its own right, offering a carefully selected mix of world-class offerings, complemented by community facilities and an array of retail and dining experiences, it stated

Announcing the hospitality projects, Sheikh Sultan bin Ahmed Al Qasimi, the chairman of Arada, said: "Our flagship development, Aljada is a first-of-its-kind integrated lifestyle destination in Sharjah that will add tremendous value to the economy. Hospitality is one of the core aspects of the mega-development."

"With the growth in tourist arrivals to Sharjah, and the emirate’s status as a cultural hub, there is strong potential for building a robust hospitality infrastructure. Our agreement with Emaar will bring proven hospitality competencies to this spectacular development that will transform Sharjah’s economy," stated Sheikh Sultan, after signing the deal with Prince Khaled bin Alwaleed bin Talal, the vice chairman of Arada, and Mohamed Alabbar, the chairman of Emaar Properties, in the presence of senior officials of the two companies as well as Emaar Hospitality Group.

Alabbar said Arada was redefining the residential and commercial landscape of Sharjah with Aljada, its ambitious master-planned destination that will catalyse all sectors of the economy.

"Through our partnership, we are bringing three distinctive hotel experiences that will meet the requirements of visitors and residents. This is a great example of the collaborations we foster to create iconic destinations of the future," he noted.

"Our three hotel brands – Address, Vida and Rove – have set high industry standards and will be a sterling addition to Aljada," he added.

Emaar Hospitality Group CEO Olivier Harnisch said: "Sharjah has unique touristic value that is defined by its cultural museums as well as natural attractions. With our three hotel brands marking their entry to Sharjah for the first time, we are not only expanding our footprint in the UAE but also contributing the strengthening the tourism sector of the emirate."

"While Address Aljada Sharjah will appeal to luxury travellers, Vida Aljada is for the new generation of entrepreneurs and travellers, and Rove Aljada Sharjah brings the midscale offering. All hotels stand out for their brand philosophy and design approach, and are located centrally adding to the connectivity and mobility of our guests," he added.

Address Aljada Sharjah brings the same ‘where life happens’ approach to ensure that guests receive the highest service standards in a central location. The hotel will have all modern amenities such a selection of exclusive restaurants, including The Restaurant at Address Aljada Sharjah as well as a fitness centre, meeting rooms and more.

Address Hotels + Resorts has already announced its expansion to operate hotels in Saudi Arabia, Bahrain, Egypt, Turkey and the Maldives as well as the UAE.

Vida Hotels and Resorts is a refreshingly different upscale lifestyle hotel and residences brand for the new generation of business executives, entrepreneurs and leisure travellers.

Vida, meaning ‘life’ in Spanish, embraces warmth, simplicity and creativity in design-led spaces. Vida Aljada Sharjah will deliver its differentiating value proposition in Sharjah with a wide range of amenities and lifestyle choices.

Emaar Hospitality Group has expanded the footprint of Vida to Saudi Arabia, Bahrain and Egypt in addition to several new hotels in the UAE.

A contemporary midscale hotel brand that reflects the pulse of Dubai, Rove Hotels is a joint venture between Meraas and Emaar Properties.

Designed for the new-generation traveller who recognises value, stays connected through technology and gravitates towards culturally-inspired surroundings, Rove Hotels defines a new niche in Dubai’s vibrant hospitality sector.

Rove Hotels already has five operational properties in well-connected locations across Dubai – Rove Downtown, Rove City Centre, Rove Healthcare City, Rove Trade Centre and the most recent addition, Rove Dubai Marina, which opened in April.

Launched in September 2017 by HH Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, the Dh24-billion ($6.3 billion) Aljada has emerged as Sharjah’s fastest-selling residential community.

Delivered in phases starting in 2019, the entire project is expected to be completed by 2025, said the developer.

The Aljada masterplan is carefully designed with walkability and wide green spaces in mind, allowing residents, workers and visitors the ability to live, work, play and be entertained within a fully integrated and sustainable community, it added.-TradeArabia News Service




Tags: Emaar | Sharjah | hospitality projects | Rove | Arada |

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