Dubai – Mubasher: Vida Hotels and Resorts, a brand under Emaar Hospitality Group, has signed a management agreement with Aldar Properties, according to a statement.
Under the agreement, Vida will operate a hotel within Aldar’s master-planned community on Reem Island.
“The hotel and serviced residences are a core feature of Aldar’s Shams Marina project, a four-tower development announced in March this year as part of Aldar’s AED 3 billion investment programme,” according to Aldar.
To be operational by 2020, the hotel comprises two Vida Beach Reem Island Abu Dhabi towers.
