Christopher Hewett

Today marks a monumental step forward as we announce the partnership between Sankari and IHG Hotels & Resorts to launch the world’s first standalone Regent Residences in Dubai - Sankari Place.   The Regent Residences Dubai - Sankari Place located in Marasi Marina with its 63 full-floor ultra-luxury residences and ten water villas, is set to redefine the standards of high-end living. This project marks a significant milestone for both Sankari and IHG, being the first Regent branded standalone residential project of its kind, set to transform the definition of modern luxury lifestyle. A significant aspect of this project is the importance of partnering with a hospitality brand that not only delivers excellence but also maintains a high standard of care and quality of life well after the handover.   Having spent years pursuing the elevation of luxury living, I can confidently say this project is more than just a development—it’s a legacy in the making. Sankari and IHG Hotels & Resorts each bring a storied legacy of excellence to this groundbreaking project. Sankari, with a longstanding business heritage spanning over 40 successful years, and IHG Hotels & Resorts, the 3rd largest global hospitality company with over 6,300 hotels across more than 100 countries, come together to create something truly unique. This collaboration blends bold vision with exceptional expertise, setting a new benchmark in the UAE and standing apart on the global stage.   What truly makes this project special is the exceptional team behind it. Assembling a team that shares a unified vision and passion for excellence has been one of the most rewarding aspects of this journey. From the early stages of conceptualization to the final touches of design, every individual involved has played a pivotal role. #Sankari #WeAreSankari #RegentResidencesDubai #SankariPlace

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In the UAE, strategic governmental initiatives are boosting development opportunities, particularly with recent gaming announcements in Ras al Khaimah attracting private developers. Meanwhile, Abu Dhabi and Dubai's luxury beachfront segment is poised for continued growth due to the decreasing stock of beachfront sites, ensuring strong occupancy and ADRs.   Over in Saudi Arabia, the hotel sector faces a transitional period as it navigates a competitive market, particularly in traditional leisure destinations like Khobar, Jeddah, and Abha, while Riyadh aims to diversify and enhance its demand base beyond corporate visitation.   For more market insights, I encourage you to read our CBRE 2024 Middle East Real Estate Market Outlook report here: https://cbre.co/43ej3Mo

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١ تعليق واحد

Best time to Invest in Ras Al Khaimah real Estate

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