Ras Al Khaimah Targets 80% Premium Hotel Inventory by 2030
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Ras Al Khaimah is expanding luxury supply ahead of a full international demand recovery, so corporate travel buyers should expect a materially different upscale hotel and pricing landscape in the coming years, while watching schedule risk on large projects such as Wynn.
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- Skift FeedRas Al Khaimah Targets 80% Premium Hotel Inventory by 2030
Phillipa Harrison, CEO of the Ras Al Khaimah Tourism Development Authority, said the destination plans to shift from a value proposition to a premium one: only about 13.3% of current hotel inventory is luxury five-star, and by 2030 80% of keys are to be premium. This year adds the 258-key Rotana Ras Al Khaimah — The Mangroves; next year adds the 70-key Saij Mountain Lodge by Mantis plus the Wynn Al Marjan Island casino resort; the following year brings international names including Nobu, Janu, Fairmont, W Hotels, The Unexpected and Four Seasons. The 1,530-key Wynn property, now expected in September 2027 rather than the original Q1 2027 target, is the largest single pipeline addition. RAKTD…