Dubai Investments Park (DIP), the wholly-owned subsidiary of Dubai Investments, has announced that it has invested more than one billion dirham ($272 million) in the hospitality sector as it aims to address the increasing demand for quality hotel facilities in Dubai. In addition to a recently launched 165-room luxury hotel, DIP will offer more than 1,500 new rooms and a wide range of amenities when eight new hotels open at the self-sustaining business, residential and leisure community in the near future.
“DIP offers the best package for business and leisure travelers with its broad selection of hotels. With choices ranging from luxury suites to high-quality budget rooms, DIP will be able to accommodate all the requirements of our value-conscious clients,” said Omar Al Mesmar, General Manager, DIP.
DIP is home to the Courtyard Marriott, the first courtyard-themed hotel in the UAE. Opened in 2005, the hotel offers unique dining experience, excellent leisure facilities and generously sized rooms and suites. By the end of 2007, DIP will also welcome the Premier Travel Inn, a 300-room joint venture by Emirates Group and UK-based Whitbread Plc that targets the budget hotel sector.
“In addition to the Courtyard Marriott and Premier Travel Inn, we will be commencing in the coming month the development of 4 and 5-star hotels, which will help us achieve our target of 1,500 hotel rooms. We want our wide range of hotels to offer top quality and great value for money, which is why we are bringing in the best international brands from different market segments,” added Al Mesmar.
DIP is poised to attract holiday travelers with its proximity to key leisure destinations in Dubai being just 15 minutes away from championship golf courses; about 20 minutes from major shopping malls such as the Mall of the Emirates; and some 15 minutes away from beach facilities. DIP is also just minutes away from important business destinations, while the upcoming airport nearby in Jebel Ali facilitates easy travel, making DIP an ideal location for hotel development.
“Dubai is an important destination in the region with its massive development and aggressive marketing campaign attracting some of the most prominent individuals and organizations in the world, who come to Dubai both for leisure and business functions. DIP is committed to helping Dubai cultivate this thriving industry by offering the best selection of hotels,” concluded Al Mesmar.