Abu Dhabi’s investment strategy: ADNEC acquir...
Abu Dhabi’s investment strategy

ADNEC acquires DoubleTree By Hilton London ExCel

Photo: ADNEC
Humaid Matar Al Dhaheri, Managing Director and Group CEO of the Abu Dhabi National Exhibitions Company: ADNEC holds a long-term investor perspective in identifying and acquiring key assets in developed markets.
Humaid Matar Al Dhaheri, Managing Director and Group CEO of the Abu Dhabi National Exhibitions Company: ADNEC holds a long-term investor perspective in identifying and acquiring key assets in developed markets.

The Abu Dhabi National Exhibitions Company (ADNEC) has added a new hotel to its portfolio: the DoubleTree By Hilton London ExCel. The DoubleTree By Hilton London ExCel is situated directly adjacent to the London’s pre-eminent exhibition centre, ExCeL London, which is also under the ownership of ADNEC Group. The hotel contains 287 guest rooms and two meeting rooms. Situated on the banks of the Royal Docks, near Canary Wharf.

The announcement comes in line with ADNEC’s long term investment strategy, aimed at diversifying its business across the Group and achieving optimal integration of its assets through diversified economic sectors. The decision will further support both the UAE and British business and leisure tourism sectors, alongside the development of the local communities around the hotel, given ADNEC’s extensive experience and capabilities across the hospitality industry.

The addition brings ADNEC’s total portfolio of hotels to six, with other hotels under management including the Aloft Abu Dhabi, Andaz Capital Gate, Abu Dhabi, the Anantara Sir Bani Yas Island Abu Dhabi, and the Qasr Al Sarab Desert Resort by Anantara in the UAE. It also owns the Aloft London ExCel.
„We have seen the commitment of Abu Dhabi and ADNEC towards the events sector through generating jobs and driving economic impact for London.“
Jeremy Rees, Chief Executive Officer at ExCeL London

“ADNEC is proud to welcome the DoubleTree By Hilton London ExCel to our portfolio. ADNEC holds a long-term investor perspective in identifying and acquiring key assets in developed markets. As such, this acquisition strengthens the Group’s competitiveness, increases the direct and indirect economic contributions of the hotel and hospitality sector to the UK economy, and further enhances the business tourism sectors in both nations,” said Humaid Matar Al Dhaheri, Managing Director and Group CEO of the Abu Dhabi National Exhibitions Company.

Jeremy Rees, Chief Executive Officer at ExCeL London, commented: “This acquisition comes in line with ADNEC Group’s long-standing commitment to leverage its world-class facilities to create exceptional guest experiences and supports ExCeL in providing a seamless experience to our visitors and exhibitors. We have seen the commitment of Abu Dhabi and ADNEC towards the events sector through generating jobs and driving economic impact for London. We are confident that the addition of this new hotel will further solidify ExCeL’s wider competitive offering, in line with ADNEC’s wider global growth strategy.”

ADNEC’s new investment comes as a part of a long-term strategy that started in 2008 through acquiring ExCeL London. It kicked-off the expansion construction to add 35,000 sq.m of event space, including London’s International Convention Centre (ICC), with Europe’s largest auditorium (4,500 seats), 17 additional meetings rooms, and breakout and banquet space. In 2011, ADNEC announced the opening of the Aloft London ExCel Hotel, the first hotel owned by the group in UK.
Abu Dhabi National Exhibitions Company (ADNEC)
Abu Dhabi National Exhibitions Company (ADNEC), is part of ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy. ADNEC is a leader in managing and developing international strategic centres and was founded with a vision to become the leading destination for popular, high-profile international conferences, exhibitions and congresses in the Middle East and North Africa. It owns and operates the Abu Dhabi National Exhibition Centre, the largest exhibition venue in the MENA region. In addition, ADNEC also includes ExCeL London, Al Ain Convention Centre, Aloft London ExCel, Aloft Abu Dhabi, Andaz Capital Gate Abu Dhabi, Anantara Sir Bani Yas Island Abu Dhabi Resort, and Qasr Al Sarab Desert Resort by Anantara, ADNEC Services LLC, Capital Hospitality, and Capital Events LLC.


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