Kleindienst Group has announced a major expansion that will see the addition of 5,000 five-star hotel rooms to Dubai’s hospitality sector.
This represents a significant 10 per cent increase to Dubai’s current five-star hotel room inventory, which stands at 52,750 rooms according to the Department of Economy and Tourism.
The expansion will make Kleindienst Group, the master developer behind The Heart of Europe on Dubai’s World Islands, the city’s largest five-star hotel developer.
The Heart of Europe on Dubai World Islands
It highlights the company’s significant role in strengthening the city’s position as a premier global tourism destination.
Kleindienst Group is also celebrating a 20 per cent construction milestone for the AED500m ($136m) Hotel London.
With a total project value of $6bn spanning six islands on The World Islands, Kleindienst Group is set to deliver more than 20 hotels and resorts featuring 5,000 luxury rooms.
Josef Kleindienst, Founder and Chairman of Kleindienst Group, said: “Achieving a position where we constitute 10 per cent of Dubai’s five-star hotel inventory and becoming the largest five-star hotel developer is a significant milestone for us.
“It reinforces our commitment to cementing Dubai’s position as the world’s leading luxury tourism destination. This accomplishment reflects our dedication to delivering projects that not only elevate Dubai’s hospitality sector but also provide our investors with extraordinary value and lasting returns.
“Our strategies at Kleindienst Group are closely aligned with the Dubai 2040 Urban Master Plan, which emphasises sustainable development by diversifying attractions and enhancing visitor experiences”.
Additionally, we support the goals of the Dubai Economic Agenda D33 to boost tourism by developing world-class infrastructure, including hotels, resorts, and attractions, while shaping the future of tourism and hospitality in Dubai.”
The Heart of Europe project provides investors with a secure and flexible investment opportunity, designed to deliver guaranteed high rental yields and strong capital appreciation.
With a 100 per cent return on investment over a 12-year period, this offering is ideal for those seeking long-term value and stability.
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