Al Marjan Island hotel project sold to DAMAC for reported fourfold return on equity
Dubai, November 2, 2026 – A hospitality development on Ras Al Khaimah’s Al Marjan Island was sold to DAMAC in 2024 in a transaction that generated a fourfold return on invested equity, according to a press release issued by Zenith Group. The development was undertaken by Three Musketeers Hospitality, a wholly owned subsidiary of Plus … Continue reading Al Marjan Island hotel project sold to DAMAC for reported fourfold return on equity →
Dubai, November 2, 2026 – A hospitality development on Ras Al Khaimah’s Al Marjan Island was sold to DAMAC in 2024 in a transaction that generated a fourfold return on invested equity, according to a press release issued by Zenith Group. The development was undertaken by Three Musketeers Hospitality, a wholly owned subsidiary of Plus … Continue reading Al Marjan Island hotel project sold to DAMAC for reported fourfold return on equity
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