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(L-R) Stein, Sheikh Sultan and Chatwal at the signing ceremony

US hotel group signs first Mideast property in Qatar

NEW YORK, June 6, 2016

US hotel brand and management company Dream Hotel Group has signed its first hotel in the Middle East with Qatar-based Al Alfia Holding to develop a Dream Hotel in Doha, the state capital.

The deal was signed by Dream Hotel Group CEO Jay Stein, Sheikh Sultan from Al Alfia Holding and Sant Singh Chatwal, chairman, Dream Hotel Group.

To cap off a letterhead day, Dream Hotel Group took the opportunity to announce $1.5 billion in new hotel development, including Doha and five other locations, all with independent hotel development partners. Future US locations include Nashville, Dallas, Palm Springs, and two additional New York properties in Times Square and Long Island City.

"We are thrilled that the Dream brand of hospitality, marked by vibrant nightlife and dining opportunities, has resonated so widely," said Stein. "These six new developments double the footprint of our founding brand and give our loyal guests many more options to explore the other side of themselves."

The new locations mark a thrilling new chapter for Dream Hotels, the group's founding luxury lifestyle brand–positioning them as international hospitality innovators. The Dream Hotels brand is on track to have five hotels operating in renowned US cities by early 2019, with an additional opening in Doha, Qatar, Dream Hotels' first foray into the Middle East.

"We'll be announcing additional properties in the coming months, continuing to solidify our burgeoning portfolio," added Stein. "The expansion stands as testimony to the passion that the Dream team shows me every day in bringing rich experiences to our guests."

"We always believed in the Dream brand, but it's exciting to see so many of our development partners believing in the same dream and turning it into a reality," noted David Kuperberg, chief development officer, Dream Hotel Group.

Dream Doha will open in late 2019. The ambitious 325-room property, featuring nine dining and nightlife venues, is the first Middle Eastern development for the brand and a pivotal step in the expansion strategy. Joining Dream Phuket Hotel & Spa and Dream Bangkok in Thailand, Dream Doha marks the third international property for the group. - TradeArabia News Service




Tags: Qatar | US | Doha | group | dream |

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