Shangri-La Hotels and Resorts and Dubai -based real estate developer Nakheel have signed a letter of intent for Shangri-La to manage a 290-room hotel in The Palm Tower on Palm Jumeirah. The parties expect to sign a comprehensive hotel management agreement for the property in the coming weeks.
Construction of The Palm Tower, part of the new Nakheel Mall and Hotel complex at the heart of the world-famous island, is slated to begin this year with the hotel expected to open in 2016.
The Shangri-La hotel will be located on the first 18 floors of the 52-level building and will feature an array of facilities, including outdoor family dining, an outdoor pool, a health club and spa. Hotel guests will have direct beach club access via a bridge and walkway to Club Vista Mare. They will also have direct access to The Palm Monorail and Nakheel Mall, a new retail, dining and entertainment destination for Dubai also opening in 2016.