Media Centre

We invite you to read our latest press releases about RAK Hospitality Holding and our subsidiaries.

press-releases

RAK Hospitality Holding Inaugurates its New Office Facilities

Ras Al Khaimah, United Arab Emirates, July 1, 2019: His Highness Sheikh Ahmed Bin Saud Bin Saqr Al Qasimi officially inaugurates RAK Hospitality Holding’s (RAKHH) new office facilities. Featuring elements of state-of-the-art modern design with glass paneled walls and spacious seating areas spanning across 400 sq.m, the establishment of the new office reflects the continued growth and aspirations of the company. The new office sits on the 7th floor of RAK Bank Head Office Building, where it faces the view of the Ras Al Khaimah desert. Opening hours are Sundays to Thursdays between 9am to 6pm.

RAK Hospitality Holding Signs MoU with Beit Al Khair Society

Ras Al Khaimah, United Arab Emirates, December 17, 2018: RAK Hospitality Holding (RAKHH), represented by its chairman HH Sheikh Ahmed bin Saud bin Saqr Al Qasimi, has signed a Memorandum of Understanding (MoU) with the Beit Al Khair Society, represented by HE Abdeen Taher Al Awadhi, General Manager of Beit Al Khair Society.

New Luxury Destination Management Company Officially Launched In Ras Al Khaimah

Ras Al Khaimah: The region’s fastest growing tourism destination, Ras Al Khaimah, has a new, premier excursion transport and destination management company, Safarak.

The Ritz-Carlton Ras Al Khaimah, Al Wadi Desert Officially Opens

Ras Al Khaimah, United Arab Emirates, November 19, 2017: The date commences the flagging of The Ritz Carlton Ras Al Khaimah, Al Wadi Desert. Management agreement signed with RAK National Hotels (RAKNH), a subsidiary of RAK Hospitality Holding (RAKHH), and The Ritz-Carlton Hotel Company, L.L.C. has marked the brand’s entrance to the Northern Emirate, along with three other Ritz-Carlton properties operating in the UAE.

Ras Al Khaimah’s First Hilton Garden Inn On Course For 2017 Opening

RAK National Hotels (“RAKNH”), a subsidiary of RAK Hospitality Holding (“RAKHH”), an integrated hospitality asset owner and manager, and Hilton Worldwide today announced that Hilton’s first mid-market hotel in Ras Al Khaimah is scheduled to open by Q2 2017.

RAK National Hotels And Al Hamra Real Estate Development Welcome The Ritz-Carlton Hotel Company To Ras Al Khaimah

Ras Al Khaimah, UAE, 17 October 2016 – RAK National Hotels (“RAKNH”), a subsidiary of RAK Hospitality Holding (“RAKHH”), an owner of hotels and resorts in Ras Al Khaimah, together with Al Hamra Real Estate Development (“AHRED”), today announced that they signed an agreement with The Ritz-Carlton Hotel Company.

Portfolio of Hotels under RAK Hospitality Asset Management Posts 16.4% REVPAR Growth in Q1 2016

Ras Al Khaimah, April 27, 2016 – RAK Hospitality Asset Management, the hotel asset management and advisory arm of RAK Hospitality Holding (“RAKHH”), an owner of a diverse portfolio of government owned hotels, hospitality and leisure assets in Ras Al Khaimah, today announced that its hotels under management, posted a record growth of 16.4% in RevPAR in Q1 2016.

RAK Hospitality Holding Concludes AED 880 Million Debt Transaction with Mashreq and Arab Bank

Ras Al Khaimah, May 3, 2015 – RAK Hospitality Holding (“RAKHH”), an asset owner and manager of a diverse portfolio of government owned hotels, hospitality and leisure assets in Ras Al Khaimah, today announced that it concluded an AED 880 million debt transaction in respect of its four internationally branded hotels, which are held by its subsidiary, RAK National Hotels (“RAKNH”).

press-releases