Eagle Hills takes over hotels on ‘Capri of the Adriatic’

The company, founded by Mohamed Alabbar, has finalised a deal that sees it take over the Suncani Hvar portfolio of hotels from CPI Property Group. The hotels are located in Hvar, a Croatian island in the Adriatic see. Often dubbed the “Capri of the Adriatic”, the island is famed for luxury hotels, pristine beaches and cobbled and marbled streets.

The deal means Eagle Hills now owns 20 hotels and over 4,000 rooms on the coastline of Croatia, including 80 percent of hotel rooms just in Hvar.

Alabbar said: “I am lucky enough to have been to most places in the world, but I can safely say that this is the most beautiful coastline on the planet. And the best part is that it is truly undiscovered. The beauty, the value, the quality of towns – every day there is more to discover and admire, which is why Eagle Hills is so excited to be part of this story.”

Eagle Hills’ Rapid Growth: Ramhan Island and Durres Yachts

The Abu Dhabi-based developer has seen huge growth in the past year, with the launch of Ramhan Island in the UAE capital, and also the Durres Yachts and Marina project in Albania.

The company is using some of the world’s top superyacht designers to help create the interiors of homes on the $3.5 billion Rahman Island project by Alabbar’s Eagle Hills company is now underway.

The $2.5 billion Albania project is being designed as “one of the most sustainable new cities, incorporating eco-friendly practices, green spaces and smart technology to reduce air pollution and CO₂ emissions.”