Serenity
Expanding UHM’s Footprint in the Middle East
VOCO Bonnington JLT, a premium property renowned for its outstanding service and prime location, was recently acquired by AIM from Dubai-based businessman Dennis McGettigan. Under the management of UHM and the globally respected IHG Hotels & Resorts’ VOCO brand, the property will continue to uphold the exceptional guest experiences that have become its hallmark.
Greg O’Stean, CEO of United Hospitality Management, expressed his enthusiasm: ”We are honoured to partner with Arzan Investment Management on this exciting project. This acquisition and appointment reflect UHM’s commitment to delivering exceptional guest experiences and expanding our presence in key global markets with premier hotels like the VOCO Bonnington JLT. We look forward to collaborating with the existing hotel team and with IHG to ensure a seamless transition while maintaining the outstanding service levels the hotel is known for.”
A Strategic Investment for Arzan Investment Management
Oliver Hogg, CEO and Board Member of Arzan Investment Management, commented on the strategic significance of the acquisition: ”This acquisition of the VOCO Bonnington JLT represents an important milestone for Arzan as we expand our footprint in the Middle East. We are confident in UHM’s ability to operate the property to the highest standards and to deliver excellent returns for our investors. As a long-standing international investor in Dubai hospitality, this transaction marks a continuation of our commitment to investing in Dubai and is the first of many such investments under the AIM umbrella.”
Looking Ahead
The hotel team will collaborate closely with UHM’s leadership to drive business growth and maintain the high level of service for which VOCO Bonnington JLT is known. The appointment of UHM underscores AIM’s strategic focus on investing in premium hospitality assets and partnering with seasoned operators to maximize value.
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