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Tuesday, 14 April 2015

Miami's South Beach in Dubai: IFA, Morgans sign hotel deal

Muslim Web Advertising Pvt Ltd     Tuesday, April 14, 2015     No comments

The8 on Palm Jumeirah will house Delano Dubai, completion set for 2017


IFA Hotels & Resorts, a Kuwait-based developer and operator of luxury mixed-use hotels and resorts, and Morgans Hotel Group Company, a US-based hospitality company, on Monday announced the launch of Delano Dubai, a 110-key hotel apartment project, which will be part of the Dh2-billion The8, a mixed-used resort development, on Palm Jumeirah.

“Dubai is an ideal destination for us to debut our first Delano property in the Middle East, which will give our guests a sense of familiarity and affinity with our South Beach, Miami and Las Vegas properties,” said Jason Kalisman, Interim CEO, Morgans Hotel Group.

Morgans currently operates 14 hotels around the world, with another four hotels in the pipeline. Its first property, the Mondrian Doha, will open in Qatar this year.

Launched in 2014, The8 draws, which draws inspiration from the fashion, design, and lifestyle elements of Miami’s South Beach, currently under construction. The development will include Delano-branded hotel apartments and freehold residential properties, which have been priced in the range of Dh2.5 million to Dh15 million.

The project will contain resort-style facilities including water sports, a gym, tennis courts, a beachfront restaurant, beach cabanas, barbeque and event areas, as well as dedicated amenities for young families.

“The construction has started on The8 with the whole tender being issued to General Contracting Company,” Khaled Esbaitah, Chief Executive Officer, IFA Hotels & Resorts Middle East, told Emirates24|7.

“We are getting all the permits needed and we have set a very tight two year schedule to complete the entire project,” he added.

IFA Hotel Investments will oversee the asset management and operational aspect of the development.

“The selection process saw many international brands interested in the project but our final choice was the Delano brand,” said Joe Sita, Chief Executive Officer, IFA HI.

He said that with the Department of Tourism and Commerce Marketing drive to attract more US citizens to the emirate will benefit them.

“The US is very big market and their drive works very much in our favour,” he added.

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