Strategic Development Between Aldar and Ritz-Carlton Hotels

Aldar Hotels & Hospitality announces Strategic Development relationship with The Ritz-Carlton Hotels Company
Zawya (press release) - United Arab Emirates
Aldar Properties today announced the signing of an exclusive development agreement with The Ritz-Carlton Hotels Company which will result in the development of a number of luxury hotels in Abu Dhabi to be managed by The Ritz-Carlton. The parties also announced the signing of the second hotel management agreement under the exclusive arrangement which relates to The Ritz-Carlton Abu Dhabi, Al Dana to be developed at the exclusive Al Dana precinct on Aldar's spectacular Al Raha Beach development.