GulfBase Live Support
Leave a message and our representative will contact you soon
05/11/2013 15:25 AST
International property developer IFA Hotels & Resorts (IFA HR) has opened its first Mövenpick Hotel in the burgeoning area of Jumeirah Lakes Towers - often dubbed 'the heart of new Dubai'.
Talal Al-Bahar, Chairman of IFA Hotels & Resorts, stated: "We are delighted to add Mövenpick Hotel Jumeirah Lakes Towers to our operational asset portfolio. This project is a landmark for both our companies in different ways. Mövenpick has now become the first international hotel company to open for business in Jumeirah Lakes Towers. For IFA HR, it is our first mixed-use tower to open with 475 units comprising 168 hotel condominium rooms, 287 residences and 20 turn-key furnished residences."
Ideally located, the Mövenpick Hotel Jumeirah Lakes Towers is within easy reach of the city's most important business districts, free zones and airports. It is also just minutes away from Dubai's famous beaches, malls, restaurants and golf courses - making it a great choice for business and leisure travelers alike.
"This is the sixth Mövenpick property we have opened in Dubai and a very unique location," said Andreas Mattmüller, Chief Operating Officer for Mövenpick Hotels & Resorts Middle East and Asia. "Jumeirah Lakes Towers is one of the fastest growing free zones in the world, rapidly attracting multinationals and, subsequently, causing an increasing demand for hospitality in the immediate vicinity. The opening of this property is a winning proposition for everyone involved."
Businesses and residents within Jumeirah Lakes Towers now have a variety of additional dining, entertainment and meeting venues from which to choose. The urban bar & kitchen (ubk), 'nosh' and Crema serve up a variety of culinary styles, while eight modern meeting rooms offer inspirational views of the lakes and skyscrapers of Dubai's futuristic Sheikh Zayed Road. Two private function rooms with all glass walls and terrace access provide a refreshing business perspective.
Joe Sita, CEO, IFA Hotel Investments, the asset management arm of IFA Hotels & Resorts, adds: "The Mövenpick team has worked hard to ensure the personality of the hotel is relaxed, inviting and unpretentious, yet still lively. We are really pleased with the results and eager to see how the market responds to a property with such a unique combination of location, style, function and ambiance."
Mövenpick Hotel Jumeirah Lakes Towers also boasts seven spa treatment rooms, a state-of-the-art gym and an intimate outdoor infinity pool. Al-Bahar concludes: "We have no doubt that the opening of Mövenpick Hotel Jumeirah Lakes Towers will permanently change the way residents and visitors view the area for the better. By creating a welcoming place for people to socialize, relax, stay and do business, the property is set to quickly become central to the Jumeirah Lakes Towers community and a point of pride in our portfolio."
Press Release
08/12/2014
IFA Hotels & Resorts (IFA HR) has been awarded the top spot in the New Hotel Construction & Design category at the prestigious Arabian Property Awards 2014-2015 for its Mövenpick Hotel Jumeirah Lakes
Press Release
14/04/2014
DUBAI, UNITED ARAB EMIRATES (April 14, 2014) - IFA Hotels & Resorts (IFA HR), the largest foreign investor on the Palm Jumeirah, announced today that it has been awarded the first Middle East master
Press Release
11/11/2013
Global real estate and resort developer IFA Hotels & Resorts (IFA HR) has now added Fairmont Heritage Place, The Palm to its collection of luxury private residence clubs. Fairmont Heritage Place, The
Press Release
Ticker | Price | Change |
---|---|---|
AMR | 2.35 | -0.06 (-2.49 |
ADNH | 0.56 | 0.00 (0.00 |
ADAVIATION | 5.59 | 0.09 (1.63 |
TAALEEM | 4.20 | -0.03 (-0.71 |
ALG | 1,041.00 | -1.00 (-0.10 |
06/02/2025
Saudi utility giant ACWA Power has signed two agreements with Aramco to accelerate the deployment of renewable energy projects and evaluate the performance of vanadium flow batteries in the Kingdom's
Arab News
05/02/2025
Al Rajhi Bank, a pioneer in innovative banking solutions in Saudi Arabia, has announced a strategic partnership with RATL Technology, the owner of Muhide fintech platform, to digitally empower and fi
Saudi Gazette
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette