Mubadala, Rosewood seal hotel deal
by This email address is being protected from spam bots, you need Javascript enabled to view it on Tuesday, 14 April 2009
Abu Dhabi government investment arm, Mubadala, and Dallas-based Rosewood Hotels & Resorts, have signed a management contract for a new business hotel on Sowwah Island, the core of Abu Dhabi's new central business district.
The hotel will be developed by Mubadala Real Estate & Hospitality in partnership with John Buck International and managed by Rosewood Hotels & Resorts, according to news agency WAM.
Set to open in early 2012, Rosewood Abu Dhabi will be a 34-story hotel offering approximately 190 rooms and suites and roughly 140 serviced apartments, all with access to Rosewood's services.
The hotel will also feature an 18,000+ square-foot beauty, wellness and fitness retreat.
A design of the project will be unveiled to the public at Cityscape Abu Dhabi on April 19.
John Thomas, Executive Director of Mubadala Real Estate & Hospitality, said: "We are proud to partner with Rosewood Hotels & Resorts and delighted they have recognised Sowwah Island's prime location and selected it as the site of their flagship UAE property.
''This 5-star hotel and serviced residence complex will be the perfect complement to Abu Dhabi's new central business district, offering premium short and long-term accommodation for leisure travelers and the business community.''
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