The French hotel giant signed a management agreement with Dubai developer Nakheel at ILTM in Cannes to operate a Raffles property on the Palm Jumeirah, which is due to open in 2021.
Under the deal, Accor will operate both Raffles The Palm Dubai Hotel, featuring 125 hotel rooms and suites, and Raffles Residences Palm360, which will have 359 residences for sale including 16 penthouses.
Palm360 will be the tallest building on Palm Jumeirah at 260 metres with its centrepiece being a 155-metre long sky pool connecting the two towers 170 metres above ground level.
The hotel and residences complex will also feature a range of restaurants including two rooftop venues and a lobby lounge. Other facilities will incorporate a Raffles Spa, health club, tennis court and children’s club.
The property will be Raffles second hotel in Dubai, and will be located close to other new developments on Palm Jumeirah, such as The Palm Promenade, The Pointe and Nakheel Mall.
Sebastien Bazin, Accor’s chief executive, said: “The development of Raffles The Palm Dubai Hotel and Raffles Residences Palm360 not only cements our luxury portfolio on a landmark leisure destination but also demonstrates our dedication to developing the most distinct hospitality concepts.
“We are confident that Raffles The Palm Dubai will also become a remarkable addition to the Raffles collection and a must-visit property in global travel.”