Dream Hotel Group to invest $200 mn in India on 2 hotels

Published on : Thursday, June 16, 2016

dream hotel groupRenowned hotel brand and management company Dream Hotel Group LLC signed its first hotel in the Middle East with Qatar-based Al Alfia Holding to develop a Dream Hotel in Doha, the state capital.


To cap off a letterhead day, Dream Hotel Group took the opportunity to announce $200 million in properties in India at Goa and Jaipur and another $1.5 billion in new hotel development, including Doha and five other locations, all with independent hotel development partners. Future U.S. locations include Nashville, Dallas, Palm Springs, and two additional New York properties in Times Square and Long Island City.


“We are thrilled that the Dream brand of hospitality, marked by vibrant nightlife and dining opportunities, has resonated so widely,” said Dream Hotel Group CEO Jay Stein. “These new developments double the footprint of our founding brand and give our loyal guests many more options to explore the other side of themselves.”



The new locations mark a thrilling new chapter for Dream Hotels, the group’s founding luxury lifestyle brand–positioning them as international hospitality innovators. The Dream Hotels brand is on track to have five hotels operating in renowned U.S. cities by early 2019, with an additional opening in Doha, Qatar, Dream Hotels’ first foray into the Middle East. India development will begin this year and the properties are expected to be ready by 2019-20.



“We’ll be announcing additional properties in the coming months, continuing to solidify our burgeoning portfolio,” added Stein. “The expansion stands as testimony to the passion that the Dream team shows me every day in bringing rich experiences to our guests.”


“We always believed in the Dream brand, but it’s exciting to see so many of our development partners believing in the same dream and turning it into a reality,” noted David Kuperberg, Chief Development Officer, Dream Hotel Group.


The news follows that of the highly anticipated David Rockwell-designed Dream Hollywoodslated to open this fallin the heart of Hollywood on the corner of Selma Avenue and N. Cahuenga Boulevard at 6417 Selma Ave.



Dream Hollywoodwill be a driving force in the ongoing revitalization of Hollywood. The hotel features 179 guest rooms and suites, five dining and nightlife venues in or adjacent to the property, and a spacious 11,000-square-foot rooftop. Developed by Five Chairs in partnership with Dream Hotel Group, the property is expected to open in September 2016.





Dream Nashville will be located in the heart of the city’s historic downtown–featuring 169 rooms. Designed by Meyer Davis, the property is expected to open in mid-2018, developed by locally owned 4PANT, LLC, which is led by Royal Investments and City Development in partnership with Dream HotelGroup.



Opening in the second half of 2018, Dream Dallaswill be a 260-room Dream Hotel Group development.



Slated to open in 2018, Dream Palm Springs will have 175 rooms and will be developed by Praetor Investments/Selene Developments in collaboration with Dream Hotel Group.



The first of two planned New York openings for the group,Dream Times Square will open in the second half of 2018. Designed by Meyer Davis, the 239-room property located in New York’s iconic entertainment destination will be developed by SoHo Properties in partnership with Dream Hotel Group.



Dream Long Island City will see the lifestyle hotel group’s foray into the city’s underutilized Queens Borough, a gallant follow-up to the celebrated Dream Hotels properties in Midtown and Downtown. The 254-key property is expected to open in 2019, developed by Barone Management in Partnership with Dream Hotel Group. Times Square and Long Island City will double the Dream Hotels footprint in New York, totaling four properties in the city.



Dream Doha,a development with Al Alfia Holdings with design by Meyer Davis, will open in late 2019. The ambitious 325-room property, featuring nine dining and nightlife venues, is the first Middle Eastern development for the brand and a pivotal step in the expansion strategy. Joining Dream Phuket Hotel & Spa and Dream Bangkok in Thailand, Dream Doha marks the third international property for the group.

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