Tourism & Hospitality | Thursday 16 March, 2017 3:09 pm |

 In an endeavour to forge new global partnerships and investments, Al Marjan Island, Ras Al Khaimah master developer, is participating at the Hotel Investment Conference Asia-Pacific (HICAP 2017) being held in Singapore on March 14th and 15th 2017.

HICAP 2017 attracts experts, decision makers, specialists and all key players in tourism and hotel industry. Since 1990, this leading conference has served as the unrivalled annual gathering for Asia-Pacific’s hotel investment community attracting the most influential owners, developers, lenders, executives and professional advisors from around the globe. Asia-Pacific countries are considered the biggest markets globally with their world-class infrastructure of hotels and resorts and years of experience in serving the hotel industry.

Al Marjan Island’s participation at HICAP comes as part of the company’s constant efforts to promote the island to global potential investors. Attracting Asian investors to the serene island is a fundamental element of the company’s strategic goals.

A report by Juwai stated that the Chinese enquiries on UAE hospitality properties via the website for the first half of 2016 indicated a rise of 40 per cent. The search hits for UAE properties were recorded at 85.3 per cent higher over the past 12 months as compared to 2015.

The exclusivity and grandeur offered by Al Marjan Island is considered as an engineering masterpiece by industry veterans. Located at Ras Al Khaimah’s coast, the scenic island is stretched across a vast 4.5 kilometres into the sea, and covers an area of 2.7 million square meters. The island is a collection of four pristine islands, with each island showcasing luxurious hospitality and residential living throughout. Combined with unique, magnificent features, Al Marjan Island provides potential investors high returns on investments with 100 per cent ownership in a tax-free environment

Al Marjan Island functions on multiple levels to promote the island and attract more investors. As a first step, the company engages itself at varied international exhibitions and conferences to reach out to the developers and decision makers. Secondly, the company works dedicatedly towards timely completion of all its unique, luxurious developments.  The company strongly believes that the on-going development process at the island should be a collaborative effort of varied strategies that position it as a top investment destination on the global map.
At HICAP, the island aims to see the UAE’s tourism industry continue to grow while establishing robust connections with potential investors. In addition, Al Marjan Island’s participation at HICAP 2017 will not only boost the on-going developments taking shape at the island, but also serve as a platform to establish communication with potential investors who seek high returns on their investments.