Dubai operator Roda eyes expansion ahead of Expo
Roda Hotels is set to open more than 1,000 rooms by 2018 on Dubai Creek
Dubai hotel operator Roda Hotels is set to open more than 1,000 rooms by 2018 on Dubai Creek, forming part of the eight millon sq ft Jewel of the Creek development.
As the hospitality unit of developer Dubai International Real Estate (Dire), Roda is also set to manage beachfront and midscale hotels on Dubai Canal and Al Garhoud area by the time Expo 2020 begins, The National reported.
Imad Elias, CEO of Roda Hotels, commented: “We are investing in the slow period, taking advantage of the competitive construction costs and soft costs.
"There are some minor setbacks because of the political situation in Syria and Yemen and oil prices but this is temporary and Dubai never stops.”
The first phase of Jewel of the Creek is due to open in August 2017 and will feature a five-star hotel, nearly 800 furnished apartments besides a parking space for 6,000 cars, a 70-berth marina and 20 restaurants.
The second phase will see the launch of a 403-room budget hotel and a 450-room four-star hotel, as well as two Sharia-compliant furnished hotel apartment towers.