RAK Hospitality Asset Management LLC

(RAKHAM)

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Established in 2015, RAK Hospitality Asset Management LLC provides hospitality sector-focused asset management, development and advisory services to group entities as well as private hotel and resort owners and developers.

Backed by a culture of client service, collaboration and integrity, RAK Hospitality Asset Management is committed to creating, protecting and growing value for its clients.

Services provided by RAKHAM include:

  • Hotel management oversight
  • Hotel operator selection
  • Negotiation and execution of hotel management agreements
  • Pre-opening advisory services
  • Budget and financial performance reviews
  • Commercial strategy development and execution
  • Hotel operations reviews
  • Technical Services (operating hotels)
  • Capital and corporate structure
  • Project financing
  • Selection and appointment of project consultants

Some of the clients that have benefited / continue to benefit from our group’s expert independent analysis include:

  • RAK National Hotels
  • RAKIA Georgia: hotel refurbishment and re-branding
  • Al Hamra Group: hotel management oversight, hotel operations reviews, negotiation and execution of hotel management agreement
  • Iceland Waterpark: management oversight and development advisory services
  • Al Marjan Island LLC: development advisory services
  • “Destination RAK” projects sponsored by RAK Government:
  • Corniche Al Qawasim: concept, planning and development
  • Khatt Springs: concept and financial feasibility studies
  • Jazeerah Al Hamra: initial project assessment and contracting of third party advisory services
  • RAK Shooting Club: concept master plan, market and feasibility study
  • Jebel Jais and Yanas mountains: initial planning / reviews

For more information, please contact:
Stuart Cameron, Asset Manager
Tel: +971 7 2036006
Email: stuart@rakhospitality.com