Hotels form vital plank in Aldar plans to diversify revenue | thenational.ae
Aldar plans to open more hotels as part of its ongoing efforts to diversify revenues beyond those earned from property sales.
“There is definitely a need for serviced apartments in Abu Dhabi, there is demand for four- and three-star level hotels in the city of Abu Dhabi," says Mohammed Al Mubarak, Aldar’s chief executive.
Its development projects will increasingly feature serviced apartments and hotels to complement residential and retail components. “A lot of our future thinking is going that route," he says.
