Nakheel Hotels
Nakheel Hotels is the hotel investment, development and asset management business of Nakheel. Established in April 2006, Nakheel Hotels comprises a professional management with a breadth and depth of specialist skills in the global hotel and investment industries who selectively invest in the luxury and branded budget hotel sectors, where we believe there is the greatest potential to maximise returns.
Through active asset management and key strategic alliances with our partners including hotel developers, leading hotel brands, investors and operators, we have established a strong track record in optimising the performance of our hotels to deliver high levels of return to our investors.
Following three years of selective acquisition, our global hotel property portfolio is valued at approximately US$4 billion. It includes 25 hotels across 18 countries in key gateway cities and resorts – a total of 12,260 rooms.
Nakheel Hotels is currently structured on five lines of business:
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Luxury Hotels
We have invested in luxury hotel brands in Dubai and across the world, including Mandarin Oriental, W Hotels, Corinthia and One & Only.
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QE2 Enterprises
This world-famous ship is destined to become the centrepiece of an integrated hospitality and entertainment development on the Palm Jumeirah.
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Private Clubs
Private Clubs is a recent addition to the Nakheel Hotels’ portfolio.
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Budget Hotels
We have invested in the easyhotel.com and Tune branded budget hotels in the emerging Middle East and Asian markets.
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Equity Investments
Nakheel Hotels have a number of strategic equity investments in leading hotels enterprises. We are also co-investing in new projects with these partners around the world.