Shaza Hotels signs MoU with Aristocrat Star Investments

Royal Estates is a prestigious Dhs5bn gated community surrounded by beautiful lakes and gardens that will feature residential, retail, office and hotel and recreational facilities across 3.6 million square feet.

Shaza is anticipating to operate a 400,000 square foot property built by Aristocrat Star Investments on a plot of land earmarked for a five star mixed-use hotel development.

Located in Dubai Investments Park, construction for both the 155-room hotel and 205-hotel apartments will begin almost immediately, with the opening of the hotel expected by the end of 2010.

Osman Valli, Group Chief Executive Officer, Aristocrat Star Investments, said:

"We are delighted by the strong interest in our flagship Royal Estates Hotel project and are keen to leverage our in-depth expertise in construction and design to help bring Shaza's unique concept to life. We chose Shaza Hotels because it promises a whole new guest experience and is backed by Kempinski's strong operational expertise."

Known for its iconic properties, Aristocrat has set a new standard within the local real estate industry, working with world-renowned architects and interior designers to develop innovative, eco-friendly developments.

Shaza Hotels CEO Michel Novatin said:

"We are interested in working with Aristocrat and are in discussions regarding managing a hotel in its Royal Estates community that meets the aspirations of culturally discerning travellers, with a high level of quality and authenticity that is consistent with the Shaza brand."

The 360 keys property will have two restaurants, a fully-equipped fitness centre and swimming pool, business centre, two board rooms, a multi-purpose banquet hall, prayer rooms and a signature Shaza Hammam spa.

With hotels being developed in Cairo, Doha, Marrakech, Muscat, Bahrain, and other cities, Shaza Hotels aims by 2015 to be operating 20 five-star hotels around the world.