The company believes that hotel projects, especially in emerging markets, make good investment sense.
'We have been identifying locations in China. Goa is also going to be an important area. It is the holiday place in India and is going to be central to India's tourism industry in the future,' said chairman, Sultan Ahmad Bin Sulayem.
He also didn't rule out investment in the US and explained that the company's 50% stake in the Fontainebleau Miami Beach resort would not have been possible two or three years ago.
'Had we done this investment a few years ago it would have been four time the cost. Something that did not make economic sense two years ago makes sense now,' he explained. But he added that the $375m investment could not easily be repeated.
The company is committed to seeking opportunities in the troubled economic climate and it wants to continue investing in landmark hotels that are attractive, unique and exclusive.
'Investment wise we are very selective. We want something with a competitive advantage,' he added.
But it has not ruled out going down market and looking at budget hotels. It has identified the possibility of putting three star hotels near ports. It is putting one next to Dragon Mall to cater for the increasing number of visitors from Africa, he revealed.