FINANCIAL NEWS

Al Dar chooses Viceroy Hotel Group to run its Yas Hotel

17 Jul 2011

(MENAFN) Aldar Properties’ Deputy CEO & CCO, Mohamed Khalifa Al Mubarak, said that the company signed an agreement with Viceroy Hotel Group to manage the Yas Hotel on Yas Island, reported Khaleej Times.

Al Mubarak added that the selection of the Viceroy Group came as a result of the company’s passion for design, the ability to maximize returns and at the same time, it managed to keep the brand’s identity.

On the other hand, Viceroy Hotel Group’s CEO, Brad Korzen, said that the operations on the Yas Hotel in Abu Dhabi would be the company’s first property outside North America, adding that Abu Dhabi is the center of Viceroy’s international headquarters.

It is worth noting that Abu Dhabi based firm Al Dar has other seven hotels at Yas Island.

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