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McClatchy-Tribune  06/10/2014 12:01 AM ET
Nakheel signs Shangri-La for luxury hotel on Palm Jumeirah [Khaleej Times, Dubai, United Arab Emirates :: ]

June 10--Nakheel is set to bring another world-famous name in hospitality to Dubai?s Palm Jumeirah with the signing of a Letter of Intent (LoI) with Hong Kong-based Shangri-La Hotels and Resorts.

Nakheel and Shangri-La have inked an LoI for the management of a luxury hotel in The Palm Tower, Nakheel's new, five-star, 52-level hotel and residential complex to be constructed at the heart of The Palm Jumeirah.

The Palm Tower comprises 504 high-end, furnished apartments and a luxury hotel, with 290-rooms and suites, occupying the first 18 floors of the building. The landmark project will feature an array of top-flight facilities including a rooftop leisure and dining complex offering panoramic, uninterrupted views of Palm Jumeirah, the Arabian Gulf and the Dubai skyline.

The rooftop complex includes a 50th floor, 360 degree infinity swimming pool -- the highest in Dubai -- bordering all four sides of the building. Above the pool is an enclosed restaurant and function facility, topped by a public viewing deck on the 52nd level.

"Palm Jumeirah is synonymous with luxury living and leisure. Our new partnership with Shangri-La further reinforces the island's position as a global destination offering unrivalled, world-class facilities for Dubai's residents and tourists," Nakheel Chairman, Ali Rashid Lootah, said.

"The Palm Tower will be our flagship hotel and the ultimate address on Palm Jumeirah. We are delighted to bring Shangri-La and its world-renowned service and hospitality to what will be the new centrepiece of Palm Jumeirah and a stunning new landmark for Dubai," he said.

Greg Dogan, Shangri-La president and CEO, said the Palm Tower's strategic position at the heart of The Palm and alongside the Nakheel mall makes the hotel the ideal location for anyone visiting Palm Jumeirah.

"The island is the ultimate address for a luxurious stay in Dubai for both visitors and UAE residents, and we are thrilled to partner with Nakheel to open a Shangri-La hotel in this must-visit destination."

The Palm Tower, on which construction is due to start this year, will be directly linked to Nakheel Mall, a new, 418,000 square metre retail and entertainment destination with 300 shops offering everything from everyday conveniences to the best in luxury goods. Nakheel Mall will also feature a diverse range of food and beverage outlets, including 12 fine dining restaurants on its roof terrace, as well as cinemas, a medical centre and fitness centre. Nakheel has awarded a contract for Dh1.2 billion for the mall's construction, which is expected to start soon.

The Palm Tower is one of nine hotels in the pipeline for Nakheel.

 

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