Palladium Hotel Group Expands into the Middle East with Ushuaïa Unexpected Hotels and Residences
Palladium Hotel Group is making a significant stride in its global expansion efforts by venturing into the Middle East with the introduction of Ushuaïa Unexpected Hotels and Residences. Collaborating with Al Marjan and Almal Real Estate Development, renowned ultra-luxury developers in the region, the project signals Palladium Hotel Group's strategic move to strengthen its international presence.
The ambitious venture, backed by over $100 million in investment, will feature 442 hotel rooms and residential units. This marks a pivotal moment as it marks the iconic Ibiza-born brand's inaugural international debut, rebranded as Ushuaïa Unexpected Hotels and Residences. The project seamlessly integrates the concept of branded residences with the existing hotel offerings.
Situated on Al Marjan Island in Ras Al Khaimah, a premier tourist and investment destination, the hotel and residential complex will boast a sophisticated beach club, exquisite dining options, and a captivating infinity pool. Positioned adjacent to the Wynn Resort Island, it offers breathtaking views of the picturesque Arabian Gulf.
Jesús Sobrino, CEO of Palladium Hotel Group, expressed his enthusiasm, stating, "This marks a triple milestone for the company, as we step into the Middle East, expand an emblematic brand for Palladium Hotel Group, and embark on our first venture into branded residences. We are honored to collaborate with partners who share our vision for service and entertainment, and we extend our gratitude to Almal Development and Al Marjan for their trust."
Dmytro Starovoitov, Co-Founder of Almal Development, highlighted the commitment to luxury and sophistication, saying, "Our new development epitomizes Almal's dedication to delivering unparalleled luxury and sophistication in hospitality and entertainment. As a full-service investment and development company, we are thrilled to introduce the Ushuaïa Unexpected Hotels and Residences brand to the UAE, introducing an innovative hospitality concept with unmatched experiences."
Arch. Abdulla Al Abdouli, Chief Executive Officer of Marjan, emphasized the project's significance, stating, "As the master developer of freehold properties in Ras Al Khaimah, we are delighted to continue shaping the future of upscale living on Al Marjan Island with the launch of this prestigious project. We are committed to providing rewarding opportunities for investors and unparalleled experiences for residents and guests, further enhancing the island's allure as a premium lifestyle destination.