Nakheel signs Dh500m joint venture with Thai hotel group

From left: Dan Chinsupakul, Executive Advisor, Centara Hotels and Resorts; Suparat Chirathivat, Vice President of Business Development; Thirayuth Chirathivat, Chief Executive Officer; Suthikiati Chirathivat, Chairman of the Board; Ali Rashid Ahmed Lootah, Chairman of Nakheel Investment Projects; Thorsten Ries, Managing Director of Hospitality and Leisure; Ronnachit Mahattanapreut, Senior Vice President of Finance & Administration, Centara Hotels and Resorts; David Robert Good, Vice President of Operations.

Nakheel on Monday announced signing a joint venture agreement with Centara Hotels and Resorts, a Thai hotel group, to build a Dh500 million beachfront resort at Deira Islands in Dubai.

The 550-room resort will cover an area of 295,900 square feet and feature a waterpark, dining facilities, business centre, spa and fitness centre, Nakheel said in a statement.

It added that the resort is anticipated to have a soft opening in 2019 and a grand opening in the year to follow. (Staff Report)

 

source : gulfnews