Company Insights Abu Dhabi National Hotels Tourism Abu Dhabi National Hotels Overview Abu Dhabi National Hotels (ADNH) was founded in 1976 as a hotel owner and asset manager. It has since expanded to include hotel management and restaurant operations, offering services including destination management, catering and transportation. ADNH signed its first hotel management contract in 1991. It now manages the operations and commercial teams of more than 12 hotels in Abu Dhabi, Dubai and Ajman. Its assets include The Ritz-Carlton Abu Dhabi, Grand Canal; Park Hyatt Abu Dhabi; Sheraton Abu Dhabi; Radisson Blu hotels and resorts in Al Ain and Abu Dhabi; and Sofitel Dubai Jumeirah Beach. ADNH also manages a portfolio of hotels and hotel apartments in city locations, including the Radisson Blu Hotel Ajman. Subsidiaries include ADNH Catering, Em Sherif Restaurants, Al Ghazal Transport, Sunshine Travel & Tours, the National Facility Management Company by ADNH, M Five Services and Abu Dhabi National General Security Guard Co. Abu Dhabi National Hotels News Tourism Abu Dhabi’s Adtic invests with Accor in Egyptian hotel The Abu Dhabi Tourism Investment Company (Adtic) has signed an agreement with the French hospitality company Accor to open a Sofitel hotel near the Giza Necropolis outside Cairo. Adtic, which is 84 percent owned by the Abu Dhabi Development Fund and 10 percent by the Abu Dhabi National Hotels Company, has allocated $100 million for […] November 21, 2024 Leisure & Hospitality ADNH Catering raises $235m from Abu Dhabi listing ADNH Catering has raised AED864 million ($235 million) by selling 900 million shares, or a 40 percent stake, on the Abu Dhabi Securities Exchange (ADX). The final offer price was AED0.96 per share, the top end of the previously announced price range. The market capitalisation on listing will stand at AED2.16 billion. The initial public offering was […] October 16, 2024 Banking & Finance Largest caterer in UAE gears up for IPO ADNH Catering, which claims to be the UAE’s largest provider of food services, has announced details of a float on the Abu Dhabi Securities Exchange (ADX) that could raise up to $235 million. Abu Dhabi National Hotels Company, the owner of ADNH Catering, will make available 900 million of its shares in the catering company, […] October 7, 2024 Markets Abu Dhabi National Hotels launches IPO of catering unit Abu Dhabi National Hotels (ADNH) said it will float a 40 percent stake in its catering unit, or 900 million shares, on the local stock exchange. The final offer price, determined through a book-building process, will be announced on October 16. The sharia-compliant ADNH Catering shares sold are owned by ADNH, which trades on […] September 30, 2024 Markets Abu Dhabi National Hotels hires banks for catering unit IPO Abu Dhabi National Hotels, which trades on the Abu Dhabi stock exchange, has appointed banks to work on the initial public offering of its catering business, according to a news report. Citigroup and First Abu Dhabi Bank will oversee on the flotation of ADNH Catering, raising between $300 million and $400 million, Bloomberg reported, citing […] July 17, 2024 Video length: 07:12 Analysis Leisure & Hospitality Hotel franchising model takes off in the Gulf Global hospitality brands are aggressively expanding across the Gulf, stepping up competition and giving disgruntled owners unprecedented freedom to choose how and by whom their hotels should be run. Some hotel owners are opting for franchising agreements and third-party management arrangements. “Operators have become more flexible when offering their brands under a franchise than they […] June 12, 2024 Video length: 07:12 Analysis Leisure & Hospitality UAE hotel rebrandings a sign of discontent in the sector Growing discontent among UAE hotel owners about the treatment they are receiving from operators has resulted in a wave of hospitality rebrandings. More than a dozen major hotels across the UAE have been reflagged in the past year. Emirati, Spanish and Chinese hotel brands have also disclosed plans to pursue the same strategy as part […] June 5, 2024 Leisure & Hospitality Three Dubai luxury hotels join Marriott portfolio Three luxury hotels in Dubai, including The Address Dubai Marina, will be rebranded after state-owned Abu Dhabi National Hotels signed an agreement with Marriott International. Under the pact, the hotels will be operated under the banner of JW Marriott and Autograph Collection Hotels from January 1, the Abu Dhabi-listed company said in a statement. The three […] December 29, 2023 Analysis Tourism Ras Al Khaimah tourism to take off as global investors see promise Ras Al Khaimah (RAK) is learning lessons from the tourism success story of Dubai and financiers are closely watching the market and are keen to support it, according to a senior banker. “I fully expect the growth in Ras Al Khaimah to explode in the coming years,” said Cyril Lincoln, executive vice president, global head […] December 29, 2022 Tourism Abu Dhabi hotel group to build $272m resort in Ras Al Khaimah Abu Dhabi National Hotels is to build an AED1 billion ($272 million) luxury resort on a prime plot in Ras Al Khaimah, it said on Tuesday. The 1,000-room property will be on Al Marjan Island, where several international operators have opened hotels in recent years. Marjan is master developer for Ras Al Khaimah, one of […] September 20, 2022 Posts navigation 1 2 Next
Tourism Abu Dhabi’s Adtic invests with Accor in Egyptian hotel The Abu Dhabi Tourism Investment Company (Adtic) has signed an agreement with the French hospitality company Accor to open a Sofitel hotel near the Giza Necropolis outside Cairo. Adtic, which is 84 percent owned by the Abu Dhabi Development Fund and 10 percent by the Abu Dhabi National Hotels Company, has allocated $100 million for […] November 21, 2024
Leisure & Hospitality ADNH Catering raises $235m from Abu Dhabi listing ADNH Catering has raised AED864 million ($235 million) by selling 900 million shares, or a 40 percent stake, on the Abu Dhabi Securities Exchange (ADX). The final offer price was AED0.96 per share, the top end of the previously announced price range. The market capitalisation on listing will stand at AED2.16 billion. The initial public offering was […] October 16, 2024
Banking & Finance Largest caterer in UAE gears up for IPO ADNH Catering, which claims to be the UAE’s largest provider of food services, has announced details of a float on the Abu Dhabi Securities Exchange (ADX) that could raise up to $235 million. Abu Dhabi National Hotels Company, the owner of ADNH Catering, will make available 900 million of its shares in the catering company, […] October 7, 2024
Markets Abu Dhabi National Hotels launches IPO of catering unit Abu Dhabi National Hotels (ADNH) said it will float a 40 percent stake in its catering unit, or 900 million shares, on the local stock exchange. The final offer price, determined through a book-building process, will be announced on October 16. The sharia-compliant ADNH Catering shares sold are owned by ADNH, which trades on […] September 30, 2024
Markets Abu Dhabi National Hotels hires banks for catering unit IPO Abu Dhabi National Hotels, which trades on the Abu Dhabi stock exchange, has appointed banks to work on the initial public offering of its catering business, according to a news report. Citigroup and First Abu Dhabi Bank will oversee on the flotation of ADNH Catering, raising between $300 million and $400 million, Bloomberg reported, citing […] July 17, 2024
Video length: 07:12 Analysis Leisure & Hospitality Hotel franchising model takes off in the Gulf Global hospitality brands are aggressively expanding across the Gulf, stepping up competition and giving disgruntled owners unprecedented freedom to choose how and by whom their hotels should be run. Some hotel owners are opting for franchising agreements and third-party management arrangements. “Operators have become more flexible when offering their brands under a franchise than they […] June 12, 2024
Video length: 07:12 Analysis Leisure & Hospitality UAE hotel rebrandings a sign of discontent in the sector Growing discontent among UAE hotel owners about the treatment they are receiving from operators has resulted in a wave of hospitality rebrandings. More than a dozen major hotels across the UAE have been reflagged in the past year. Emirati, Spanish and Chinese hotel brands have also disclosed plans to pursue the same strategy as part […] June 5, 2024
Leisure & Hospitality Three Dubai luxury hotels join Marriott portfolio Three luxury hotels in Dubai, including The Address Dubai Marina, will be rebranded after state-owned Abu Dhabi National Hotels signed an agreement with Marriott International. Under the pact, the hotels will be operated under the banner of JW Marriott and Autograph Collection Hotels from January 1, the Abu Dhabi-listed company said in a statement. The three […] December 29, 2023
Analysis Tourism Ras Al Khaimah tourism to take off as global investors see promise Ras Al Khaimah (RAK) is learning lessons from the tourism success story of Dubai and financiers are closely watching the market and are keen to support it, according to a senior banker. “I fully expect the growth in Ras Al Khaimah to explode in the coming years,” said Cyril Lincoln, executive vice president, global head […] December 29, 2022
Tourism Abu Dhabi hotel group to build $272m resort in Ras Al Khaimah Abu Dhabi National Hotels is to build an AED1 billion ($272 million) luxury resort on a prime plot in Ras Al Khaimah, it said on Tuesday. The 1,000-room property will be on Al Marjan Island, where several international operators have opened hotels in recent years. Marjan is master developer for Ras Al Khaimah, one of […] September 20, 2022
