Property Trader Blog UK

Increased incentive to rent an apartment in Dubai when hospitality venues open


March 22, 2016 by Mike posted in Dubai Property POSTED IN Dubai Property

rent an apartment in Dubai

New launch will be under AVANI Hotels and Resorts brand

It is well known that a shiny new hotel adds that extraincentive to those looking to rent an apartment in Dubai as it brings a host of leisure facilities and ups general desirability. So good news for Ibn Battuta mall area as developer Nakheel has agreed with Thailand’s Minor Hotel Group to build a new 372-room hotel there.

The deal was signed in Bangkok by Nakheel Chairman Ali Rashid Lootah and William Heinecke, Founder, Chairman and CEO of Minor International PCL, the parent company of hotel owner, operator and investor, Minor Hotel Group.

Under the agreement, the hotel will be managed under the AVANI Hotels & Resorts brand.

 

Great links to mall and metro

The new, 14-storey hotel -one of two Nakheel hotels at Ibn Battuta and one of 10 in the developer’s Dubai hotel portfolio – will have direct access to the mall and a link to the Dubai Metro.

The deal is the second collaboration for Nakheel and Minor Hotel Group in five months. In September last year, the two companies announced a planned joint venture for a 500-room AVANI beachfront resort at Deira Islands, Nakheel’s 15.3sqkm coastal development in Dubai.

Minor’s portfolio currently comprises more than 17,000 rooms across 145 hotels, resorts and serviced suites in 22 countries under the Anantara, AVANI, PER AQUUM, Oaks, Tivoli, Elewana, Four Seasons, Marriott, St Regis, Radisson Blu and Minor International brands.

Dillip Rajakarier, CEO of Minor Hotel Group, said: “We are thrilled that our partnership with Nakheel is off to such a strong start and we look forward to a long and fruitful relationship.” The hotel is part of a 436,650 sq m expansion to Ibn Battuta Mall, which will create another 71,160 sq m of shopping, dining and entertainment space.

Share Button

Leave a Reply

QUICK SEARCH







RECENT POSTS

CATEGORIES

Stay Updated

Twitter Feed

List your properties today for instant exposure!

Take advantage of our fantastic property listing packages and advertise on Dubai's No1 platinum property portal.

PROPERTYTRADER.AE COPYRIGHT 2017