AccorHotels, signed a management agreement today with leading Dubai-based master developer Nakheel for the expansion of AccorHotels’ globally-renowned luxury brand, Raffles Hotels & Resorts.
The agreement, recognized by Nakheel Chairman Ali Rashid Lootah and AccorHotels Chairman and CEO Sbastien Bazin at a signing ceremony at the International Luxury Travel Market (ILTM) in Cannes (France) will lead to the opening of PALM360, a spectacular two-tower development on the world famous Palm Jumeirah comprising of the Raffles The Palm Dubai Hotel and Raffles Residences PALM360.
Set to open in 2021, PALM360 will be the first beachside resort for Raffles in Dubai and the tallest structure on Palm Jumeirah. At almost 260 meters high, PALM360 will offer unobstructed views of Palm Jumeirah, the spectacular Arabian Gulf coastline and Dubai skyline. Its centrepiece will be a 155-meter long sky pool, connecting the towers 170 meters above the ground, where guests can enjoy stunning, uninterrupted views from a unique vantage point.
Following the signing, Nakheel Chairman Ali Rashid Lootah said:Palm Jumeirah has quickly evolved into one of the most sought-after addresses in the world, offering the ultimate in luxury living and leisure. PALM360 will further enhance the island’s global appeal, which already attracts millions of visitors each year. “
Raffles The Palm Dubai and Raffles Residences PALM360 joins 11 Raffles Hotels & Resorts around the world, including Raffles Dubai. The collection of luxury hotels and resorts is located in many of the world’s largest cities and holiday destinations such as Paris, Istanbul and the Seychelles. Raffles properties feature distinct amenities including the Raffles Butler Service, Raffles Spa, Raffles Long Bar and Raffles Writers Bar.