Brookfield in Talks to Buy Accor-Managed Dubai Hotel
Investment giant eyes prime Gulf property in hospitality push
Brookfield is reportedly in advanced negotiations to acquire a high-profile Dubai hotel operated by Accor, underscoring the Canadian investment firm's growing bet on the Gulf region’s booming hospitality sector.
The potential deal is valued at around $545 million, signaling confidence in Dubai’s sustained tourism recovery and luxury market appeal.
Industry analysts say the move would strengthen Brookfield’s real estate portfolio while capitalizing on strong visitor demand and hotel occupancy rates.