CANNES, France,7 December 2017: AccorHotels signed a management agreement with Dubai-based master developer, Nakheel, to brand a new-build hotel in Dubai as a Raffles Hotels & Resorts.
The signing ceremony was held, earlier this week, at the International Luxury Travel Market (ILTM) in Cannes.
Nakheel is developing PALM360, a twin-tower development on the world famous Palm Jumeirah. It will feature the Raffles The Palm Dubai Hotel and Raffles Residences PALM360.
At almost 260 meters high, PALM360 will have unobstructed views of Palm Jumeirah, the Arabian Gulf coastline and Dubai skyline. Its centrepiece will be a 155 metre long sky pool, connecting the towers 170 metres above the ground. The hotel will have 125 hotel rooms and the residences 359 units.
Following the signing, Nakheel chairman, Ali Rashid Lootah said: “We are committed to playing a key role in realising the Government of Dubai’s vision by continuing to deliver landmark projects that reinforce Dubai’s position as a world-class destination.”
AccorHotels chairman and CEO, Sébastien Bazin commented: “Raffles is a brand that is synonymous with legendary levels of service combined with design and amenities. These qualities have made the Raffles brand successful as Raffles Dubai celebrates 10 years since opening its doors and welcoming its very first guests.”
He confirmed that Raffles Singapore, will reopen this summer after an extensive refurbishment to celebrate its 130th anniversary.
PALM360 joins 16 other hotels that form part of Nakheel’s USD1.3 billion hospitality expansion programme that is set to deliver close to 6,000 rooms and hotel apartments across Dubai.