Nobu Hospitality keen to expand in UAE
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Nobu Hospitality is still looking to open hotels in Dubai and Abu Dhabi even though it has made little progress over the last four years, as reported by Gulf News.
In 2010, the brand reportedly said it was considering opening hotels in both emirates. A year later, it signed a non-binding letter of intent with Reem Investments to operate a hotel at Reem Island in the capital. The group did not say when it looks to have properties in both markets.
“There’s no timeline for when we have to have (a hotel). Naturally, we’d like to have one very soon, but it depends on the location, the partners and a lot of things,” said Nobu Hospitality chief executive Trevor Horwell.
He added that the group is currently looking at ‘various locations’ in Dubai and Abu Dhabi. It is not in discussions with developers at present. Elsewhere in the Middle East, Nobu Hotel Riyadh is due to open in the first quarter of 2015. The group is planning to open a second hotel in the region in Bahrain, but it has not set an opening date. Construction of the property has not started.
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