35 hotels confirmed for Palm, Jumeirah

Nakheel has revealed that 35 hotel investors have now committed to The Palm Jumeirah. Each investor has either appointed, or is in the process of appointing an operator, as the developer looks to push forward with the construction phase in an attempt to coordinate hotel completion.

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By  Robbie Greenfield Published  May 15, 2005

Nakheel has revealed that 35 hotel investors have now committed to The Palm Jumeirah. Each investor has either appointed, or is in the process of appointing an operator, as the developer looks to push forward with the construction phase in an attempt to coordinate hotel completion. “The last thing we want is for the Palm Jumeirah to be a continual building site, so we’re putting firm deadlines on the hotel groups,” James Wilson, Nakheel’s CEO, tells Hotelier Middle East, at May’s Arabian Travel Market. A host of international operators have already announced projects, including Hilton, Radisson SAS, Fairmont Hotels, IFA and One and Only. South African chain, Kerzner International is planning Atlantis, an enormous 2,000-room property occupying 1.5 miles of beachfront and modelled on Atlantis, Paradise Island, in the Bahamas. Local group Al Habtoor and the Indian Hotels Co will also be running locations on The Crescent of The Palm. Overseeing all of this is Nakheel, offering a clear logistics plan to help companies in the development stage, as well as clear guidelines on what can be designed and built. All companies involved on The Palm, Jumeirah, must have their design plans approved before the nod is given to proceed. “We’re now busy moving into the next stage where the land is basically ready for construction to commence. We will shortly be communicating with all our investors to find out exactly what stage they are at,” says Wilson. “We know that in the hotel industry, when a hotel is built and fully operational and somebody is building next door to it they have to disclose that information with the tour operators. Nakheel is going to be very proactive in synchronising development in order to minimise disturbance.”

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