Abu Dhabi-headquartered National Corporation for Tourism and Hotels (NCT&H) has expanded its luxury hospitality portfolio through the addition of four world-class properties, increasing its capacity to nearly 1,500 rooms.
Strengthening its presence in the ultra-luxury segment are newly added The St. Regis Saadiyat Island Resort and Al Wathba, a Luxury Collection Desert Resort & Spa both in Abu Dhabi as well as Cheval Blanc Randheli in the Maldives and the newly opened Cheval Blanc Seychelles. “The integration of these prestigious assets marks a transformative chapter for NCT&H, positioning us as a key player in the global luxury hospitality market,” Tareq Abdulraheem Al Hosani, Chairman of the Board – NCT&H, commented. “Our expanded portfolio allows us to offer unparalleled guest experiences while reinforcing Abu Dhabi’s reputation as a premier destination for high-end tourism.” This transaction was made possible through a strategic partnership with Alpha Dhabi Holding, which acquired a controlling stake of 73.73 per cent in NCT&H. This investment further strengthens NCT&H’s ability to capitalise on emerging opportunities in the luxury hospitality sector and reinforces Alpha Dhabi’s commitment to driving impactful growth in high-potential markets. The newly acquired properties complement NCT&H’s existing luxury assets, which include InterContinental Abu Dhabi, InterContinental Residences Abu Dhabi, Danat Al Ain Resort, Danat Jebel Dhanna Resort, and Dhafra Beach Hotel.