01 January 2018
AccorHotels, a leading travel and lifestyle group, has signed a management agreement with leading Dubai-based master developer Nakheel for the expansion of its renowned luxury brand, Raffles Hotels & Resorts.
As per the deal, the duo will open Palm 360, a two-tower development on the Palm Jumeirah comprising the Raffles The Palm Dubai Hotel and Raffles Residences Palm 360. The management agreement was inked by Nakheel chairman Ali Rashid Lootah and AccorHotels chairman and CEO Sébastien Bazin on the sidelines of the International Luxury Travel Market (ILTM) in Cannes (France).
Set to open in 2021, the Palm 360 will be the first beachside resort for Raffles in Dubai and the tallest structure on Palm Jumeirah, said Nakheel.
At almost 260-m-high, Palm 360 will offer unobstructed views of Palm Jumeirah, the spectacular Arabian Gulf coastline and Dubai skyline. Its centrepiece will be a 155-m-long sky pool, connecting the towers 170 m above the ground, from where guests can also enjoy uninterrupted views from a unique vantage point, it stated.
The hotel component will offer 125 hotel rooms and suites, whilst the 359 branded residences – including 16 branded penthouses that will each have their own private infinity pool, gym and cinema – will be available for purchase.
Residence owners will be able to enjoy Raffles’ legendary services, including concierge, private transportation and in-residence dining.
The hotel and residential complex will feature a host of high-end dining outlets, including two rooftop restaurants commanding sweeping views and a waterside restaurant in a spectacular poolside and beachside setting.
Located on Palm Jumeirah’s 11-km crescent Boardwalk, Palm 360 is close to upcoming attractions such as The Palm Promenade, The Pointe and Nakheel Mall, with Dubai’s key business and leisure hubs within easy reach. The luxury property will offer guests a distinct resort feel with direct private beach access, a specialised private beach club along with the renowned service of the Raffles brand.
Palm 360 joins 16 other hotels that form part of Nakheel’s $1.3-billion hospitality expansion programme that is set to deliver close to 6,000 rooms and hotel apartments across Dubai. The first two hotels, at Dragon Mart and Ibn Battuta Mall, opened in 2016, with the rest under construction or development.