We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Wed 27 Apr 2016 10:57 AM

Font Size

- Aa +

Palm Jumeirah’s Atlantis hotel to undergo $100m revamp by 2017

Renovation to include “family activity project” says general manager

Palm Jumeirah’s Atlantis hotel to undergo $100m revamp by 2017

One of Dubai’s most famous hotels, the Atlantis on the Palm Jumeirah, is about to spend $100 million “or even more” on renovations, a senior executive at the resort has said.

Serge Zaalof, president and managing director of Atlantis, told Arabian Business that the revamp will include a full renovation of the hotel’s rooms, as well as the launch of a new “family and children activity project” of 2,200 square metres within the existing Atlantis site.

The hotel is currently in the mock-up stages to finalise the new room designs, which are being upgraded eight years after the Atlantis opened. 

In 2014, Investment Corporation of Dubai (ICD), which has a 46 percent stake in the Atlantis hotel’s owner, Kerzner International, unveiled plans for a second branded hotel on the Palm Jumeirah.

The 800-room $1.4 billion Royal Atlantis Resort and Residences will be sited close to the existing Atlantis hotel, and is expected to take two years to complete. 

Master developer Nakheel has already signed building contracts with Ssanyong Engineering & Construction, China State Construction Engineering Corporation and Six Construct.

In February this year, Bloomberg reported that ICD was seeking a $700 million, 10-year loan to fund the construction of the second Atlantis resort.

Arabian Business: why we're going behind a paywall

For all the latest travel news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Real news, real analysis and real insight have real value – especially at a time like this. Unlimited access ArabianBusiness.com can be unlocked for as little as $4.75 per month. Click here for more details.