Earlier Alpa Dhabi had bought St. Regis at Saadiyat Island, the Al Wathba Luxury Collection desert resort, and the Le Noir Café brand.
And now Alpha Dhabi has just bought another hotel and added to its portfolio – the “much sought after” Cheval Blanc Randheli resort in the Maldives.
This was done through additional resource acquisitions from another Abu Dhabi entity, Murban. It was recently that Alpha Dubai got the eye-catching St. Regis at Saadiyat Island as well as the Al Wathba Luxury Collection Desert Resorts from Murban. (Alpha Dhabi itself is essential for the mammoth International Holding Co’s. assortment. It recently purchased a stake in ace developer Aldar.)
This brings the complete worth of purchases from Murban to Dh2.5 billion, including Etihad International Hospitality, a facilities management company. Hamad Al Ameri, Managing Director of Alpha Dhabi Holding, said: “This latest acquisition further expands Alpha Dhabi’s strong hospitality development division.
“By adding Emirates International Hospitality, a pioneer facility management company with a broad base of premium clients, we are also becoming more vertically integrated and creating growth opportunities by leveraging our position as part of the wider group of IHC companies.”