EXCLUSIVE: Trump eyes UAE, KSA and Qatar hotels
Hotel operator looking to enter Middle East market after previous plans for Palm Jumeirah property fell through
The Trump Hotel Collection is eying luxury properties in the UAE, Qatar, and Saudi Arabia, The Trump Organization executive vice president of development & acquisitions, Ivanka Trump told Hotelier Middle East in an exclusive interview.
Speaking on the sidelines of the Arabian Hotel Investment Conference, Trump refuted recent rumours the company was set to sign a luxury hotel in Damac’s Akoya Oxygen development, which will house the Trump World Golf Course, saying ‘there was no hotel planned as of now’.
She added: “Dubai is a top priority city for us. We are looking at multiple opportunities in Abu Dhabi, in Qatar, in Saudi Arabia, so those are the four areas where we are seeing the most interest. We haven’t made a final decision in any of the markets but we have many very compelling deals in each of them.”
The Trump Organisation had previously announced a luxury real estate project in the emirate but was forced to cancel it following the global financial crisis. Trump Towers was to be a mixed-use development that would have included a hotel on The Palm Jumeirah.
Speaking about the company’s interest in the region, Trump said: “I think there is an opportunity to exceed what’s [already] been done in the Middle East, and [we can] create something truly iconic and special. We always love developing in places where people have bold visions and that’s very true here in the Middle East.”
Trump Hotel Collection currently has hotels under development in Azerbaijan, Washington DC, Rio Di Janeiro, and Vancouver.