Soon, Azizi will launch the new international brand, under which it will create and buy hotel properties that it will later own and manage.
Michael Zager, the organization's new chief operating officer for hospitality. As part of its growth into the hospitality industry, Azizi Developments, a prominent private developer in the UAE, has just revealed its plans to introduce a hotel brand throughout the UAE and beyond. Michael Zager has been chosen by Azizi to serve as its new Chief Operating Officer for Hospitality.
The German national, an expert in the hotel industry with over 35 years of experience in international hospitality, will guide Azizi's entry into the field.
CEO of Azizi Developments Farhad Azizi stated: "We have been meticulously preparing for this announcement. In the UAE, where we call home, the hospitality industry is particularly prominent, with Dubai consistently attracting a sizable influx of tourists and holding the title of top travel destination worldwide. As a major developer, we are now utilising our real estate expertise and in-depth knowledge of the demands and wants in the accommodation sector to provide tourists with unmatched hospitality experiences across the globe. We see our entry into the tourism industry as the next significant step in our overall aim of upgrading lifestyles, and we anticipate making additional announcements in this area as well as displaying our planned hospitality projects to our stakeholders in the UAE and elsewhere in due course.
Michael Zager is the appropriate leader for our prestigious launch into the hospitality industry. We are thrilled to welcome him and his wealth of expertise, as he has successfully led high-performing teams for reputable hoteliers across several continents. He is particularly skilled in leading pre- and launch phases, hotel and asset management, and hospitality as a whole across Europe and the MENA region, where the vision for our first hotels will manifest into reality.
Azizi Developments is currently preparing for its completions in 2023. The developer is on track to complete 45 projects in Dubai, including the first, second, and third phases of Riviera, Park Avenue I, II, and III in MBR City, and Berton in Al Furjan, totaling roughly 11,000 units.
