Under the joint venture, all Insignia Hotels and Resorts properties will be fully operated and managed by Signum Hotels and Resorts
Signum, a hospitality company in India, has announced a strategic joint venture with United Arab Emirate-based Al Waleed Real Estate, unveiling a new entity, Insignia Hotel Management, Dubai.
In a press statement, Signum says that this partnership marks its formal entry into the Middle East and introduces the premium Insignia Hotels and Resorts brand, designed to deliver culturally immersive and globally benchmarked experiences across the GCC.
The statement adds that under the joint venture, all Insignia Hotels and Resorts properties will be fully operated and managed by Signum Hotels and Resorts, ensuring the brand’s signature blend of modern comfort, regional identity and hospitality innovation.
Mehul Sharma
“This collaboration is the result of a shared vision, to redefine premium hospitality in the Middle East through a perfect marriage of local insight and international expertise,” says Mehul Sharma, Founder & CEO, Signum Hotels & Resorts.
Signum says that the collaboration leverages the expanding international portfolio of the company, spanning India, the United Kingdom and the UAE and Al Waleed Real Estate’s deep-rooted expertise in the regional real estate and hospitality landscape.
Mohamed Al Mutawa
“This partnership is the coming together of strength and strategy. Signum brings global hospitality excellence, while we bring on-ground knowledge and execution capability. Together, through Insignia, we aim to build properties that serve as landmarks of experience, trust and value for guests from the region and beyond,” says Mohamed Al Mutawa, CEO of Al Waleed Real Estate.
According to the statement, the new brand will embody Signum’s philosophy, delivering experiences rooted in local heritage while upholding the highest international standards.
“Insignia’s brand ethos reflects distinction and cultural pride. From architecture and interiors to service and culinary expression, the guest journey will celebrate the richness of the region,” says Sharma.
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