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United Arab Emirates Procurement News Notice - 75694


Procurement News Notice

PNN 75694
Work Detail Millennium Hotels and Resorts MEA, under the management of Lakhraim Group, has announced plans to expand with the addition of 65 new hotels across the region. The group is said to already have a portfolio of 59 hotels in the MEA region. From a single property in Abu Dhabi, Lakhraim Group now include properties like […] Millennium Hotels and Resorts MEA, under the management of Lakhraim Group, has announced plans to expand with the addition of 65 new hotels across the region. The group is said to already have a portfolio of 59 hotels in the MEA region. From a single property in Abu Dhabi, Lakhraim Group now include properties like the The Biltmore Hotel Villas Dubai, Millennium Al Masar Jeddah, and Millennium Place Hotel Doha, said a statement. Under its Tetra Hotels & Resorts brand, Lakhraim Group is creating a new dining destination in Dubai with the launch of Limestone House in DIFC. Currently undergoing renovation, Limestone House will host several Michelin-starred restaurants. Additionally, the group is developing The Biltmore House on Sheikh Zayed Road, a destination with luxury dining, retail outlets, a wellness center, and office space. “We are thrilled to announce the rapid expansion of Millennium Hotels and Resorts MEA, which underscores our commitment to providing exceptional hospitality experiences across the region. Simultaneously, Tetra Hotels & Resorts is redefining luxury with innovative concepts that cater to the evolving needs of discerning travellers. These strategic moves solidify Lakhraim Group’s position as a leading force in the hospitality industry,” stated Ali Hamad Lakhraim, Chairman and Founder of Lakhraim Group. He continued, “Each business compliments the others creating a powerful synergy within our group. Our journey exemplifies what can be achieved through dedication and hard work.” “Dubai’s dynamic business environment and supportive infrastructure have been instrumental to Lakhraim Group’s success, our vision is to be a leading force in shaping the region’s future through strategic investments and innovative ventures. By capitalising on Dubai’s growth trajectory, we aim to create sustainable value for our stakeholders, while contributing to the city’s economic prosperity,” says Fahad Abdulrahim Kazim, Group CEO of Lakhraim Group and CEO of Millennium Hotels & Resorts MEA. The city’s economy, coupled with its strategic location, has made it a platform for the group’s expansion initiatives. According to the World Bank, the UAE’s GDP is expected to grow by 4.1% in 2025, solidifying its position as a leading global economy.
Country United Arab Emirates , Asia
Industry Real Estate
Entry Date 04 Sep 2024
Source https://meconstructionnews.com/60386/lakhraim-group-announces-millenium-hotel-and-resort-expansion-drive

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