Despite having just launched its first operated hotel, Seven Tides has already started to set out long-term growth strategies.
In 2006, Abdulla Bin Sulayem joined Nakheel as director of operations. After six successful years with the Dubai-based developer, he moved to real estate and hospitality developer, Seven Tides International, in the role of CEO, with overall responsibility for the company’s portfolio of luxury five-star properties.
The company owns four hotels in the Dubai: Anantara The Palm Dubai Resort, Dukes Dubai, Mövenpick Hotel Ibn Battuta Gate, and Avani Hotel in Deira. The management contracts of these hotels are held by Minor Hotels, in the case of Anantara, and Mövenpick, for Mövenpick Ibn Battuta.
Moving forward, however, the company plans to start operating properties itself, which it says will “bring additional flexibility to the operation”. This was seen with the announcement of a new property in Dubai’s Jumeirah Lake Towers district [see page 8 for more details].
Seven Tides had also revealed to Hotelier Middle East in March 2017 that it was currently working on a new resort plan that would be launched on Dubai’s World Islands. There has been no update on the project since, however.