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Aldar Properties Signs Deal With Ritz-Carlton

Aldar Properties yesterday said on November 12 that the company has signed an exclusive agreement with The Ritz-Carlton Hotels Company to develop a number of luxury hotels in Abu Dhabi, that will be managed by The Ritz-Carlton. The contract signed was for the Ritz Carlton Reserve hotel on Aldar's Nareel Island development, which is currently under construction.
Paul Bell, Managing Director of Aldar Hotels and Hospitality said, "This partnership delivers on our objective of bringing together the most renowned brands and operators and Aldar's exceptional locations."

Source: Emirates Business 24/7  

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