wasl Launches Hyatt Centric The Palm Dubai

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

Hesham Al Qassim-CEO of wasl Asset Manegement Group

Dubai, United Arab Emirates: 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.

About wasl Asset Management Group:

wasl Asset Management Group was established in 2008 and is one of the largest real estate management companies in Dubai. Through its three subsidiaries: wasl properties, wasl hospitality and dubai golf, wasl operates in various real estate, lifestyle, leisure, hospitality, and business sectors. wasl’s main objective is to strengthen Dubai’s position as the world’s premier residential and professional hub, whilst also making it the ultimate destination for tourists.

About the Hyatt Centric Brand Experience:

The Hyatt Centric brand offers full-service lifestyle hotels located in prime destinations. Created for millennial-minded travelers who want to be in the middle of the action, Hyatt Centric hotels are thoughtfully designed to enable exploration and discovery. The lobby lounge is a launch pad providing guests with information about the most sought after food, nightlife and activities the destination has to offer. The bar and restaurant are local hot spots where great conversations, locally inspired food and signature cocktails can be enjoyed. Streamlined modern rooms focus on delivering everything guests want and nothing they don’t, including environmentally conscious bath products, Bluetooth-enabled electronics and salon-grade blow-dryers. A team of colleagues is always available to recommend local hidden gems to launch guests’ discovery of the destination.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.