UAE: New Hotel ventures In Abu Dhabi

MILLENNIUM

Millennium/Biltmore Bab Al Qasr, Q3 2016, behind Jumeirah Etihad Towers, Opp Emirates Palace

Biltmore Bateen, 2017/2018, Al Bateen Wharf.

ROTANA

Saadiyat Rotana, 2017, between Park Hyatt and St Regis.

Saadiyat Arjaan, 2017/8, near NYU.

Rotana Capital Center, Q4 2017, in the Rotana complex next to Centro/Arjaan.

Arjaan Marina Mall, next couple of years.

MARRIOTT/SPG

Marriott Downtown, October 2016, diagonally opp. Al Wahda Mall.

Marriott Executive Apartments, same as above for date and location.

Al Bateen Wharf.

Al Forsan resort, 2017/8

W, 2018-2020, stated to be in Al Bateen Wharf but likely to be on Reem/Maryah island financial center.

HILTON

Hilton Saadiyat, 2018, next to Saadiyat beach Club, likely to be a Waldorf or Conrad.

DoubleTree 2017, Masdar city, near airport.

HYATT

Grand Hyatt, start of 2017, behind Jumeirah Etihad Towers, Opp Emirates Palace

GHA DISCOVERY/MHG/ANANTARA

1) Anantara Jebel Dhanna, 2018, near Ruwais

2) Avani Jebel Dhanna, 2018, near Ruwais

Fairmont Marina, project possible on hold/stalled, near Marina Mall.

Jumeirah Saadiyat, 2017+, between Park Hyatt and St Regis, no work has commenced on site.

Shangri La Saadiyat,between Park Hyatt and St Regis, project possibly scrapped, no work on site.

Hard Rock, next couple of years, Tourist Club Area (Al Markaziyah)

Intercontinental Grand Marina, next couple of years, near Al Raha beach or Bateen Wharf.

Al Wathba desert resort, 2017

Abu Dhabi is already facing an excess capacity issue.

These openings and several more unbranded ones will make the situation much worse.

The Emirates Palace/Intercontinental/Bateen Wharf strip especially is getting 6-8 more openings in addition to the existing 5 5-stars already there.

There is nothing of note in the area except the future ADNOC HQ and the area is absolutely saturated.

Curiously, the Saadiyat projects are all hopelessly behind schedule despite that being the only attractive location in Abu Dhabi with the 2 existing properties there easily doing the best business in Abu Dhabi.

That is realistically the only location anyone should be building in now since it offers prospects of high rates and occupancies which are set to improve even further after the opening of the 3 museums (Louvre, Guggenheim, Zayed national).



Tourism Observer