"Alpha Dhabi" It accounts for a 73.73% stake in "National Tourism and Hotels"

Abu Dhabi, January 29 / WAM / Alpha Dhabi Holding Company “Alpha Dhabi” accounted for a control strategic share of 73.73% in the National Tourism and Hotels Corporation, after selling assets from Alpha Dhabi Hospitality Holding LLC, and “Morpan Energy Limited” to The National Corporation for Tourism and Hotels for stocks.
This deal reinforces the status of the National Corporation for Tourism and Hotels, and Alpha Dhabi Holding Investments in the luxurious hospitality sector at the local and international level Sahrawi resort and a healthy club “Lakshry Collection”, Abu Dhabi, “Chefal Blanc Randley”, luxurious luxury in the Maldives, and “Chefal Blanc SiCill Resort” that was opened recently.
Alpha Dhabi Holding, by integrating its hotel work under the umbrella of the National Tourism and Hotels Corporation by transporting “Alpha Dhabi Hospitality Hospitality” and “Moreban” BVI Holding Enecoreporen and “Hill Vio Resort” to enhance its commitment to growth and diversity.

This transfer of assets will contribute to enriching the portfolio of the National Tourism and Hotels Corporation to include eight hotel facilities that include about 1500 rooms, which enhances the hospitality offers it provides significantly.

Engineer Hamad Al -Amiri, CEO and Managing Director of Alpha Dhabi Holding, said that this deal comes as an affirmation of the company’s commitment to achieving valuable benefits in sectors with high capabilities and feasible returns, such as luxury tourism, through a strong presence in the UAE market, in addition to expanding its existence and impact In the global hospitality market, noting that this step is consistent with the company’s long -term strategy represented in advancing effective and sustainable growth.
Additional destinations will join the hotels of the National Tourism and Hotels Corporation, which includes the “Intercontinental Abu Dhabi”, “Intercontinental Hotel Residence Abu Dhabi”, in addition to “Danat Al Ain Resort”, “Danat Jabal Al Dhana Resort” and “Al Dhafra Beach Hotel”, The National Tourism and Hotels Corporation also provides support services that include food provision, retail and transportation.
For his part, Hani Faraj, CEO of the National Tourism and Hotels Corporation, said that integrating these important assets into the Foundation’s portfolio constitutes a new chapter of the company’s march, and enhances its position in the top of the luxury hospitality sector globally by building a global competitive portfolio.

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