Wasl to open four new hotels in Dubai

Wasl hospitality and leisure, a subsidiary of wasl Asset Management Group, said on Wednesday that it is set to open four new hotels in Dubai.

Construction at Hyatt Centric Hotel is 98 per cent complete, and is expected to open in Q4 2021. The project is developed across a 4,122 square metres plot in proximity to La Mer beach. The 173-key property includes 125 king-size rooms, 26 VIP rooms, 18 twin rooms, 3 rooms for people of determination, and a VIP suite too. The hotel also includes an all-day dining areas, a pool, a gymnasium as well as treatment rooms.

Wasl hospitality is also developing a new hotel in Al Sufooh, which will be operated by Marriott International, featuring 318 rooms and construction on which is expected to be completed by Q1 2022. Construction on the 30-floor skyscraper is around 86 per cent complete.

Also, wasl hospitality has completed works at Aloft Dubai Airport, which includes 230 rooms, and Element Dubai Airport, which features 89 furnished apartments; both hotels are expected to be launched over the next few months.

Wasl hospitality and leisure 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.

wasl hospitality and leisure, a subsidiary of wasl Asset Management Group, announces the near completion of works on four new hotel developments soon being launched into #Dubai’s hospitality sector.https://t.co/0gA91OuyWi pic.twitter.com/KZMP80F1z9

— Dubai Media Office (@DXBMediaOffice) September 15, 2021

Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) revealed earlier this month that the city hosted 2.85 million international overnight visitors from January-July 2021.

By the end of July 2021, Dubai’s hotel inventory stood at 718 establishments offering 129,318 rooms with RevPAR increasing to Dhs225 compared to Dhs194 for the same period in 2020.

Read: Dubai received 2.85m international overnight visitors from Jan-July 2021

In the first seven months of 2021, the occupied room nights for hotels stood at 16.34 million compared to 10.74 million for the corresponding period in 2020.

Boosted by demand for staycations in the domestic market and visitation from international markets that are open, hotels in Dubai enjoyed occupancy levels of 61 per cent overall from January-July 2021.