Dubai Holding, a diversified global investment company with investments in more than 30 countries, today announced the acquisition of the five-star Jumeirah Mallorca in Spain.
The property, which
has been operated under Jumeirah for several years, will continue to be managed
by Jumeirah, Dubai Holding’s hospitality brand and global luxury hotel
company.
Jumeirah Mallorca is a
world-class luxury retreat featuring 121 rooms, situated on the northwest coast
of Mallorca.
Offering panoramic
views of the Mediterranean Sea and the UNESCO-listed Serra de Tramuntana
mountain range, the property has received the prestigious LEED Platinum
certification, highlighting its commitment to sustainability and environmental
performance.
Dubai Holding plans to
invest in further enhancing the product offering at the property with the
ambition of positioning the asset as one of Jumeirah’s flagship destinations in
the wider Mediterranean region.
Amit Kaushal, Group
Chief Executive Officer at Dubai Holding, said: “This acquisition represents a
strategic addition to our growing global hospitality portfolio and underscores
our commitment to invest in high-quality assets that enhance long-term value
for Dubai Holding. Jumeirah Mallorca embodies the exceptional standards and
guest experience associated with both Dubai Holding Hospitality and Jumeirah.
As we continue to expand our footprint in world-class destinations, we remain
focused on optimising performance across our portfolio and creating sustainable
value through disciplined growth.” -TradeArabia News Service