Danat to build hotel in Capital Centre

Company set to build new hotel on $2.2 billion premium coastal plot at Capital Centre in Abu Dhabi.
Danat to build hotel in Capital Centre
By Conrad Egbert
Wed 19 Sep 2007 11:43 AM

Danat Hotels and Resorts is to build a new hotel on a premium coastal plot at Capital Centre - the US $2.2 billion (AED8 billion) business and residential micro-city being constructed around the new Abu Dhabi National Exhibition Centre (Adnec).

The hotel will be located on a 10,360m2 plot along the Al Khaleej Al Arabi coastal road across from the waterfront Marina Zone, with a built-up area of up to 60,000m2.

"Capital Centre serves as the cornerstone of our strategy to develop Abu Dhabi into a key business tourism destination," said HE Sheikh Sultan bin Tahnoon Al Nahyan, Chairman, Adnec.

"I'm therefore delighted to see the start of a new development by Danat Hotels and Resorts; this will be a major element of Capital Centre and will be to the benefit of the millions of visitors who will come to the destination over the next few years."

Danat Hotels and Resorts is based in Abu Dhabi and was established in 1996 as a semi-government organization that aims to develop tourism and commerce in the UAE, particularly in the capital Abu Dhabi. It engages in national transport, industrial catering, hotel acquisition and management.

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