Travel Daily News -- Hamra Hotels and Resorts has announced that it will launch its new four-star business hotel Acacia in August 2009 and Al Hamra Palace Hotel, a palatial beach resort and apartment complex shortly thereafter, reaffirming the company’s strong commitment to focus its efforts on promoting the emirate as a prime business and tourism destination in the region. The launch of the 373-unit Acacia, situated adjacent to the Ras Al Khaimah Investment Authority Free Zone, and Al Hamra Palace Hotel is expected to address the growing demand for hotels and serviced apartments in Ras Al Khaimah, which according to official government estimates is expected to attract up to 2.5 million tourists by 2012.