Archipelago International, a privately-owned and independent hotel operator in Southeast Asia, has announced a long-term strategic partnership agreement with Maison Privee, a Dubai holiday home and corporate rental management company.
The agreement will see Archipelago enter the UAE market with the upscale Maison Privee powered by Aston brand. Maison Privee will be included on Archipelago's hotel platform, giving Maison Privee access to Archipelago's scaling expertise, distribution, marketing and corporate infrastructure in Southeast Asia.
Gerard Byrne, MD of Archipelago Overseas, said, "While not unique in the international context, this is the first deal of its kind in the UAE, and not only serves to complement the government's strategic accommodation goals for Expo 2020 but also gives our Southeast Asian customers a broader choice when visiting Dubai directly or via the holy cities in the Kingdom of Saudi Arabia, as part of an umrah or Hajj-plus pilgrim package."
In a joint statement on the transaction Paul Mallee and Rami Shamaa, Co-Founders & Joint Managing Directors of Maison Privee said, "Having successfully secured significant private series A investment in 2018, it was vital that we created the right environment for that investment to work and to help us achieve our ambitious growth targets over the next three years. Archipelago provides us with this platform and together with the brand equity of Aston and Archipelago's reputation generally, both in this region and in Southeast Asia, we feel very confident about this next stage of our development."