India's Lemon Tree enters Dubai hospitality with $27m hotel

India's Lemon Tree enters Dubai hospitality with $27m hotel
Lemon Tree International
Published: 9 December 2019 - 4:47 a.m.
By: Staff writer
India-based Lemon Tree International has broken into Dubai's hospitality market after opening a $27.2m (AED100m) hotel close to prominent landmarks such as Burj Al Arab.
Local outfit Al Waleed Investment Group opened the 114-key Lemon Tree Dubai Hotel, which will be operated by Lemon Tree International.
It is unclear who carried out the interior design and Commercial Interior Design has reached out to the developer for comment.

However, commenting on the opening in a press statement, chief executive officer of Al Waleed Investment Group, Mohammed Abdul Razzaq Al Mutawa, said: “The local market in Dubai in various economic sectors is particularly engaging and has continued to gain interest from international companies that aspire to win the best investment opportunities in light of the growing demand for the local environment. Its appeal includes security, safety, better returns, and a competitive global position.”

General manager of Lemon Tree Hotels & Resorts, Rattan Kiswani, added: “We are delighted to enter the hospitality market in Dubai, with the management of the first distinctive hotel facilities in the emirate. Lemon Tree Dubai, a subsidiary of Al Waleed Investment Group, provides an exceptional experience in raising our ambitions for further activity and expansion in the UAE hospitality market.”

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