Damac to add 1,762 hotel residence units in 2019
The group made the announcement at the Arabian Travel Market
Damac Hotels and Resorts plans to add a total of 1,762 hotel residence units to its portfolio this year.
The group made the announcement at the Arabian Travel Market. Officials also revealed that out of the 1,700 hotel residence 827 units will be delivered at Paramount Hotels and Resorts in Dubai, 481 units at Radisson Dubai DAMAC Hills, and 454 units at DAMAC Exclusiva in Riyadh.
This announcement comes close on the heels of Damac signing a partnership with hospitality group Rotana.