Azizi Developments has announced the launch of a major investment plan in Dubai’s hospitality sector valued at approximately AED 75 billion, reflecting the emirate’s rapid expansion in tourism infrastructure and its continued efforts to strengthen its position as a global destination for tourism and business.

The announcement coincided with the groundbreaking of the company’s first luxury five-star hotel in Dubai, which will be part of a series of new hospitality projects currently being developed across the emirate. This project marks the beginning of a broader expansion phase in the hospitality sector under the brand “Azizi Hospitality.”

According to the company, work is currently underway on 10 hotel projects at various stages, including design, development, and construction, highlighting the strong momentum behind the implementation of this ambitious investment strategy.

The new expansion plan includes the development of 151 hotels within the company’s hospitality portfolio. These projects will include 100 four-star hotels, 50 five-star hotels, and one ultra-luxury seven-star property. More than 90% of these hotels are expected to be located in Dubai, further strengthening the city’s position as a leading hub for hospitality and tourism in the region.

Once completed, these projects are expected to add approximately 60,000 new hotel rooms to Dubai’s hospitality capacity, helping the emirate accommodate the steadily growing number of international visitors and tourists each year.

In addition, the planned hotel developments are expected to create more than 75,000 jobs in the hospitality sector and related services, highlighting the positive economic impact these investments will have on employment and tourism-related industries.