Nakheel has partnered with RIU Hotels & Resorts to build a 750-room beachfront resort at Deira Islands. Nakheel and RIU Hotels & Resorts plan to create a four-star all-inclusive concept.
Nakheel chairman Ali Rashid Lootah said: “This is a major milestone for our growing hospitality business and a significant step towards creating a new range of affordable, family resort-style hotel accommodation.”
RIU Hotels & Resorts has more than 100 hotels, with around 45,000 rooms between them, in 19 countries. Together, these welcome over four million guests a year and provide jobs for nearly 29,000 people.
Nakheel’s Deira Islands paves the way for development of hotels and serviced apartments, retail destinations, mixed-use buildings and residential waterside developments.