UAE’s Azizi Developments to bring in global hotel brands as part of expansion in hospitality sector

UAE real estate developer Aziz Development has announced plans to launch hotel brands nationally and beyond as part of its expansion into the hospitality industry.

The company will introduce the brand, develop and acquire hotel real estate under the brand, which will then own and manage it.

Azizi has appointed Michael Zager as its new Chief Operating Officer – Hospitality.

Zager, a hospitality enthusiast and industry veteran with over 35 years of experience in the international hospitality industry, will lead Azizi’s first foray into the industry. Previously, he held senior leadership roles at various hotel groups in Europe, the Middle East and Africa, including Wyndham Hotels & Resorts, Marriott and InterContinental Hotels Group, where he served as Vice President, Franchise and Managed Portfolios, Includes more than 300 hotels in 26 countries.

Farhad Azizi, Chief Executive Officer of Azizi Developments, said: “The hospitality industry is particularly prominent in our home country, the United Arab Emirates, where Dubai sees an influx of tourists year after year and continues to be known as the world’s The number one destination. The world.

As a leading developer, we now leverage our real estate capabilities and in-depth understanding of the needs of the accommodation sector to deliver unrivaled hospitality experiences to global travelers.

We see our expansion into tourism as the next big step in our overall mission to improve lifestyles and look forward to presenting our upcoming hotel projects to stakeholders in the UAE and beyond in due course, and in this regard Make more announcements”

“Michael Zager is the ideal leader for our grand foray into the hospitality industry. He has successfully led high performing teams of well-known hoteliers on all continents and is particularly proficient in pre- and start-up phases, hotel and asset management and The hospitality industry as a whole, whose vision will become a reality with our first hotel, and we are delighted to welcome him and his wealth of expertise,” he added.

Meanwhile, Azizi Developments is now preparing for completion in 2023.

The developer is delivering around 11,000 units across 45 projects in Dubai spread across Phases 1, 2 and 3 of the Riviera, Park Avenue I, II and III in MBR City and Berton in Al Furjan.

read: UAE developer Azizi Developments announces AED3.5 billion investment