Emaar Hospitality is to manage five new hotels under its brand ‘The Address’ over the next four years.

The UAE-based company, which is owned by Emaar Properties, aims to double its hotel portfolio during this period by managing hotel properties on behalf of the owners.

The hotel company also plans to open properties in the south of France and Marrakesh, Morocco, in 2013.

In addition, Emaar will open hotels in Bali, Budapest and Istanbul, and is seeking expansion in China, according to Bloomberg.