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Dubai gets more gigantic hotel projects

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Emirates gets massive hotels and serviced apartments
Dubai-based company Nakheel has agreed a $408.4 million construction contract for The Palm Gateway, a three-tower residential, retail and beach club complex in Palm Jumeirah.
It is just the latest in a string of accommodation building projects to add to what is already one of the world’s most spectacular skylines. In all, Dubai plans to have 25 million visitors by 2020.
Construction of The Palm Gateway is estimated to conclude in less than three years and “is among $3.27 billion worth of construction contracts to be awarded by Nakheel this year,” said the company’s chairman Ali Rashid Lootah. “We look forward to delivering another iconic, landmark project at the entrance to Palm Jumeirah.”
The Palm Gateway will house 1,265 luxury apartments across three high-rise buildings, to be constructed on top of the existing Palm Monorail terminal. It will also have numerous retail, dining and health and fitness facilities, parks, pools and sports courts.
Meanwhile, Mandarin Oriental Hotel Group is marking its second venture in Dubai, to manage a luxury hotel and branded residences. Slated to launch in late 2020, it will join Mandarin Oriental Jumeirah Beach, which is under construction and due to open in late 2018.
To be located in the 63-floor wasl Tower, the property will have 257 guestrooms, suites and serviced apartments on floors 16-38.
Nahkeel has signed a double deal with Hilton Worldwide for 704 new hotel rooms and serviced apartments. They signed a management agreement for Jumeirah Village Triangle with 254 rooms, plus a Letter of Intent for a new hotel and serviced apartment complex on the Deira Islands. Both will operate under the DoubleTree by Hilton brand.
The projects are in line with Nakheel’s massive hospitality expansion plans, valued at $1.4 billion, bringing around 6,000 new hotel rooms and serviced apartments to Dubai.
AccorHotels has been refurbishing and rebranding a former Sheikh Zayed Road landmark, to be reintroduced as the Mercure Dubai Barsha Heights Hotel Suites & Apartments. It is expected to open today with an initial 120 rooms.
A second phase will involve revamping more rooms and facilities, moving the hotel up from a 4-star to 5-star ranking. The complete project is anticipated by the end of 2018 – with 1,015 rooms.
Dubai-based property development company The First Group will be inaugurating four new high-end hotels in Dubai by 2020, with confirmed plots at Dubai Marina, Business Bay, Jumeirah Village Triangle and Jumeirah Village Circle.
And DAMAC Properties will be inaugurating the brand new, 250-key DAMAC Maison Bay’s Edge this month. Standing in Dubai’s Business Bay, the high-end hotel will have 22 floors with deluxe rooms and one-, two- and three-bedroom suites.
TTG MENA

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