30 Apr 2017

wasl Launches Hyatt Centric The Palm Dubai

First Hyatt Centric-brand Hotel in the UAE will be at the heart of one of the world’s most iconic landmarks

Dubai, United Arab Emirates, April 30, 2017:  wasl Asset Management Group, one of the largest real estate development and management companies in Dubai, has launched its highly anticipated ‘Hyatt Centric The Palm Dubai’ hotel project in collaboration with an affiliate of Hyatt Hotels Corporation. The hotel is located at the centre of The Palm – one of the world’s most iconic landmarks – keeping guests in the middle of the action and offering them beach access whilst also encouraging them to explore the city’s rich culture, heritage and tourist sites.

The strategic location will provide visitors with easy access to several of Dubai’s key attractions including Mall of the Emirates, Marina Mall, Jumeira Beach, Dubai Marina, several golf courses and much more. Dubai International Airport is just half an hour away and the city’s business district and varied dining options are only 10-15 minutes away from the hotel.

His Excellency Hesham Al Qassim, CEO of wasl Asset Management Group, commented: “We are delighted to be continuing our successful relationship with Hyatt, which furthers wasl’s mandate to supply Dubai’s hospitality sector with quality hotels. This is the seventh hotel we have developed with Hyatt but the first from the Hyatt Centric brand, which means that we are offering something completely new in the region with this project. Our work is aligned with the government’s vision of growing Dubai’s hotel offering to support the sector and prepare for Expo 2020, and we are proud to be contributing to the city’s exciting touristic scene.”

The twin 15-storey hotel will bring 217 rooms and 116 serviced apartments to Dubai’s hospitality and residential sectors, enhanced by a fitness centre and spa, four restaurants, meeting facilities, and beachfront access. Designed with the modern-day and responsible traveller in mind, the rooms will also be equipped with environmentally conscious bath products and Bluetooth-enabled electronics.

“The Hyatt Centric brand offers an upscale and cosmopolitan experience,” said Peter Norman, Senior Vice President Acquisitions & Development at Hyatt International (Europe, Africa, and Middle East). “Hyatt Centric The Palm Dubai does not just target leisure tourists looking for beachfront hotel accommodation, but was conceptualised keeping in mind Dubai’s Tourism Vision 2020 as well as the World Expo 2020 – when the city is expected to attract over 20 million visitors from across the world.”

According to figures published by the Department of Tourism and Commerce Marketing (DTCM), the number of visitors arriving in Dubai in 2016 rose to 14.9 million from 14.2 million a year earlier. The figure places Dubai firmly as the world’s fourth most visited city behind Bangkok, London and Paris, according to DTCM. The total number of hotel rooms available increased by 5 per cent to 102,845 from 98,333 a year earlier.

His Excellency Hesham Al Qassim, CEO of wasl Asset Management Group, concluded: “We look forward to welcoming visitors – whether business or leisure – to enjoy the exceptional style and service offered by the Hyatt Centric brand, which is renowned the world over for its hospitality excellence. The new hotel reflects our commitment to catering to all kinds of travellers, attracting new visitors, and making Dubai the world’s favourite destination.”