UNITED ARAB EMIRATES—Tiara Hotels and Resorts has launched here with the aim of opening and operating a number of properties in key gateway locations in the local, regional and international marketplace. According to the company, the first Tiara property will open in summer 2008 on The Palm Jumeirah, and be followed by a second property on Sheikh Zayed Road in winter 2009. The company expects others will follow within the region and internationally. Tiara Hotels and Resorts is a subsidiary of Zabeel Investments, a UAE-based, multi-diversified investment company, which is focused on commercial real estate development and management, and specializes in equity and asset management. Danny Haddad, CEO/Tiara Hotels and Resorts, said, “The next generation of travelers is moving away from the traditional sense of luxury; they want a deeper relationship with their brands and hotels. We will edit the best of the best to give them a totally individual and enriching experience.”
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