RAK National Hotels LLC, a subsidiary of RAK Hospitality Holding has announced the acquisition of Marjan Island Resort and Spa. The resort formerly belonged to Manazil Group.
The acquisition adds to the group’s portfolio, underlining investment on Ras Al Khaimah’s Al Marjan Island. The announcement comes following RAK National Group’s joint venture stake in Ras Al Khaimah’s casino hotel – Wynn Al Marjan Island.
Currently operated by Accor Group, the hotel will be rebranded as a Pullman hotel.
Alison Grinnell, CEO of RAK Hospitality Holding said, “The acquisition of Marjan Island Resort & Spa underscores our continued investment in Ras Al Khaimah and recognizes the huge opportunities in the Emirate as it positions itself as an international leisure destination. The property is ideally located to capitalise on these opportunities, and working with our partner Accor, we believe we can transform the property into a unique destination for tourists.”
Abdul Mohsen Al Hammadi, Chairman and CEO of Manazil Group said, “After being one of the first properties to open on Al Marjan Island back in 2014, Marjan Island Resort & Spa became a stepping stone for our Group to enter into the hotel business and open four more hotels managed by Accor within the UAE, namely Movenpick, Novotel and Adagio in Jumeriah Village Triangle, and Pullman Sharjah.”
Paul Stevens, COO Premium, Midscale & Economy Division for Middle East & Africa at Accor said, “We are very pleased to continue our strategic partnership with RAK Hospitality Holding, a collaboration which embodies our commitment to delivering unparalleled guest experiences and fostering innovation within the hospitality industry. Together, we look forward to creating memorable moments for our valued guests visiting Ras Al Khaimah.”
Al Marjan Island Resort & Spa features 300 keys and a comprehensive spa alongside several recreational activities.