RAK Hospitality Holding
Established in 2014 by the government of Ras Al Khaimah, RAK Hospitality Holding LLC was formed with a mandate to consolidate and asset manage a diverse portfolio of government owned hotels, hospitality and leisure assets. RAK Hospitality Holding manages subsidiary companies that oversee the entire value chain of hospitality related services in Ras Al Khaimah. Its subsidiaries include; RAK National Hotels; which owns hotel assets ranging from midscale to luxury, and locations ranging from city to beach to desert; namely the Hilton Ras Al Khaimah, Hilton Resort and Spa, Rixos Bab Al Bahr, Banyan Tree Al Wadi, RAK Hospitality Asset Management; the asset management and development advisory arm, RAK Hospitality Logistics; the provider of services and logistics to Ras Al Khaimah's hospitality sector, Hakaya Collection; the operating arm of hospitality and leisure assets.