UAE's Nakheel partners with Thailand's Centara for new Dubai resort

UAE master developer Nakheel is planning to partner with Thailand’s Centara Hotels & Resorts to create a 550-room resort at Dubai’s Deira Islands.

The upscale beachfront resort, which would have its own waterpark, would be the first Centara establishment in the UAE. The Thai company's portfolio includes an estimated 14,000 rooms across 67 hotels and resorts under six brands across Asia, Indian Ocean, Africa and the Middle East. Nakheel’s hotel portfolio also includes the five star Palm Tower on Palm Jumeirah, two hotels at Ibn Battuta Mall and two at Dragon City.

Nakheel’s joint venture with Centara is the latest development in the company’s aggressive expansion into Dubai’s hospitality sector, Albawaba notes, under which 10 hotels—including five-star, all inclusive and value-for-money concepts—are planned at locations across the Emirate, with five of them at Deira Islands.

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

It is also is Nakheel’s third joint venture for hotels at Deira Islands announced this year. The company is already working on a 750-room resort with Spain’s Riu Hotels & Resorts and a 500-room Avani resort with Thailand’s Minor Hotel Group. Nakheel now has 1,800 hotels rooms at Deira Islands in the pipeline under international joint ventures, with more expected to come.

Suggested Articles

Before the global brands roll into Madrid, consider that what the consumer considered to be luxury has evolved in recent years.

As of January 1, the hotel will formally be rebranded as the InterContinental Shenzhen Dameisha Resort.

The deal gives Onomo a presence in 15 countries with 4,300 guestrooms and a pipeline of an additional 3,000 rooms.