Dubai Properties & Starwood to Open Four Aloft & Element Hotels Adding 816 rooms to Dubai by 2018

Aloft Hotels | August 12, 2015

DUBAI, United Arab Emirates--August 12, 2015-- Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) and leading real estate developer Dubai Properties today announced an agreement to open four new hotels in Dubai under Starwood's Aloft and Element brand flags. This milestone signing strengthens the company's mid-range portfolio with 11 announced deals year to date and more than 50% of Starwood's Middle East pipeline. Scheduled to open in 2018, the four new Aloft hotels and Element hotel will introduce 816 rooms in Dubai while expand Dubai Properties' developments within the hospitality sector. The deal is in line with the Dubai Gove...