Aldar Properties has signed an agreement with Mövenpick Hotels & Resorts for the operation of an upscale resort hotel in the Al Seef precinct on the sought after Al Raha Beach development.

This is the second hotel property to be developed and built by Aldar as part of a strategic alliance between the two companies which includes the development of three hotels in Abu Dhabi on Aldar projects.

This hotel will be an island resort with 300 rooms in the residential precinct of Al Seef, in Al Raha Beach. The first hotel to be developed as part of the deal concluded in 2007 is a 500-room luxury hotel on Yas Island which is due to open in late 2010.

“The agreement we have signed with Mövenpick Hotels & Resorts delivers on Aldar’s strategy of partnering with world class operators who have the experience and scale to ensure the best facilities and services are delivered to our customers,' said Paul Bell, managing director, Aldar Hotels & Hospitality.

'This hotel at Al Seef is in an unrivalled waterfront location and will provide segment defining facilities and services and will add a new dimension to the Abu Dhabi hotel landscape.”

“This deal with Aldar reinforces our commitment to providing Swiss hospitality to the Middle East and especially Abu Dhabi, the capital city of the UAE,” stated Andreas Mattmüller, senior vice president Middle East & Asia, Mövenpick Hotels & Resorts.

Mövenpick Hotels & Resorts operates 18 properties throughout the Middle East and over 60 globally.-TradeArabia News Service