Al Areen Palace & Spa continues expansion with holding company and Avenue Ventures
The Al Areen Palace & Spa is the first 5-star in-villa style luxury resort in the Kingdom of Bahrain in partnership with Avenue Ventures, led by the chairman of the holding company and Imaad Zuberi.
The luxurious Al Areen Palace & Spa resort, located in the Kingdom of Bahrain, will continue to enhance its resort amenities and expand The Lost Paradise of Dilmun Water Park in partnership with Avenue Ventures, led by the holding company and Imaad Zuberi the chairman of Avenue Ventures.
The expansion plan includes several attractive and exciting features for both the resort and the waterpark. These new developments will allow both destinations to continue to offer world-class facilities for guests and tourists.
The Al Areen Palace & Spa will continue to increase its wellness center services by offering a wide variety of holistic treatments and expansion of the facilities. Additional resort features to be built include the creation of Bahrain’s longest Cascading Pool with mini slides, a kid’s pool and a prominent alfresco dining and bar along the pool. The Lost Paradise of Dilmun Water Park will expand by adding new water attractions including rides, slides, restaurants and various other infrastructure improvements to the waterpark.
“Bahrain is a great country to invest in and properties such as the Al Areen Palace & Spa and The Lost Paradise of Dilmun Water Park because of its good investment climate for foreign investors,” said American partner, Imaad Zuberi. “Bahrain is the only country in the Middle East with a free trade agreement with the United States,” he added.
The opulent desert resort spanning over 32 acres, features 78 luxuriously appointed pool villas that impressively showcase Arabian charm with stylish contemporary flair. This enchanting 5-star resort is the first resort in-villa style hotel in the Kingdom of Bahrain. The spa is the largest spa in the Middle East boasting world-class technological and rejuvenation features.
The Lost Paradise of Dilmun is Bahrain’s biggest water park with over twenty exciting rides, pools and slides catering to all age groups and demographics, especially families. The park’s expansion will allow it to continue to offer world-renowned entertainment attraction. The addition of a new multi-level parking building will better accommodate its growing number of guests.
“Al Areen Palace & Spa and Lost Paradise of Dilmun Water Park have been achieving healthy double digit“ Revenue Generating Index” increases in the last 2 years,” said American investor Imaad Zuberi, “impacting positively, the local tourism sector, with several luxury properties having recently opened in Manama. Al Areen Palace & Spa has the highest RevPAR in Bahrain,” he added.
The majority of the resort guests and water-park visitors are coming from the local market (20%), from the Kingdom of Saudi Arabia (45%) and from Kuwait (30%), mostly during public holidays.
Al Khobar, the largest Saudi border city, is only one hour away from Al Areen Palace & Spa and The Lost Paradise of Dilmun Water Park. Al Khobar is the base for petrochemicals manufacturers, Saudi Aramco and Sabic. Both companies are ranked among the world’s largest with a global workforce of 100,000 talented and high-income individuals.
The Chairman of the project company, Mr. Rashad Janahi said that “Bahrain and its leadership has been credited for securing an attractive investment climate and safety at all levels which contribute to the investment flow. This partnership is based on the good reputation of the Kingdom of Bahrain.”
The Chairman of the project, is personally and actively involved in all the recent developments and renovation plans, such as the new Al Areen road, the sustainability program, the “Go Green” campaign and water recycling plant, as well as all future projects in line with the mission of the Tourism Ministry to develop an innovative, competitive, and sustainable tourism industry, meeting visitor expectations, respecting community values, enriching cultural heritage and supporting business needs while contributing effectively to the socio-economic development of the Kingdom.