Emirates signs deal for $490m luxury hotel

Emirates Airline and Group has signed a contract to partner with Marriott International for a new luxury $490m 1,614-room hotel planned for Dubai.

Marriott has been appointed operator of the Park Towers, a 1,614-room twin-tower hotel and apartment property, which Emirates is currently constructing on Sheikh Zayed Road, next to to Dubai’s Business Bay district.

Under Marriott management, the property will be branded as one of the top-of-the-range JW Marriott Marquis luxury hotels.

This will include two guest room towers rising from a six-story building housing lobby and public space. The first 807-room tower is scheduled to open in 2011 and the second tower in 2013.

Both parties have been collaborating on the details of the new hotel’s design, which company chiefs say will see it emerge as one of Dubai’s top properties.

Sheikh Ahmed bin Saeed Al-Maktoum, chairman and chief executive, Emirates Airline and Group said: “Emirates has always supported Dubai’s continued growth. The development of this new 1,614 room property reflects our commitment to, and confidence in, the city’s ongoing success.

“As a leading international hotel management group operating several successful brands, Marriott has the track-record and the global infrastructure to maximise the value of our AED1.8 billion city centre investment.

"We believe this property will emerge as one of Dubai’s top hotels and will contribute to attracting both leisure and business travellers to the city. We very much look forward to working together to add to Dubai’s five-star luxury experience.”

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