By Dylan Bowman
Dubai-based luxury hospitality firm agrees long-term lease for five-star resort on island of Mallorca.
Dubai-based luxury hospitality firm Jumeirah on Monday said it is to take over the management of a resort and spa development on the island of Mallorca off the coast of Spain.
The five-star ‘Jumeirah Port Soller, Mallorca’, is currently under development and is scheduled to open in early 2010.
The 120-room hotel will feature conference and banqueting facilities, two swimming pools, a spa and wellness centre, as well as restaurants and bars.
"The hotel is a very strategic and important addition to our growing portfolio of luxury hotels and resorts worldwide," Gerald Lawless, Executive Chairman of Jumeirah Group, said in a statement.
Jumeirah, part of state-owned conglomerate Dubai Holding, has leased the resort on a long-term lease from Belgian real estate develop WingField.
The financial details of the agreement were not disclosed.