SH Hotels & Resorts, the hotel brand management company founded by hospitality visionary Barry Sternlicht, Chairman and CEO of Starwood Capital Group, today announced plans to set a new standard of glamor and luxury in Dubai, the hospitality hub of the Middle East, with the opening of Baccarat Hotel & Residences Dubai in 2026. The hotel is part of a new ultra-luxury mixed-use development in Downtown Dubai, facing the famed Burj Khalifa, the world’s tallest building.