US-based hospitality management company Dream Hotel Group has announced the signing of its first hotel in the Middle East.
The company said in a statement that it has inked an agreement with Qatar-based Al Alfia Holding to develop a Dream Hotel in Doha.
Dream Hotel Group said the Doha signing is part of a $1.5 billion investment in new hotel development including future US locations such as Nashville, Dallas, Palm Springs, and two additional New York properties in Times Square and Long Island City.
Dream Doha will open in late 2019 and will feature 325 rooms, nine dining and nightlife venues, and is the third overseas property for the company after Dream Phuket Hotel & Spa and Dream Bangkok in Thailand.
“We are thrilled that the Dream brand of hospitality, marked by vibrant nightlife and dining opportunities, has resonated so widely,” said Dream Hotel Group CEO Jay 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.”
He said the firm is on track to have five hotels operating in US cities by early 2019, with an additional opening in Doha.
“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.”
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