Tag Archives: Ennismore

Dubai Holding partners with Ennismore to bring the Delano brand to Dubai

Dubai Holding announced that it has partnered with leading global lifestyle and leisure hospitality company Ennismore to introduce its iconic Delano brand to the UAE. Opening later this year at the waterfront destination Bluewaters Dubai, Delano Dubai will be a luxurious destination marked by attention to detail, craftsmanship and personalised experiences. The launch of Delano Dubai forms part of a landmark agreement signed between Dubai Holding and Ennismore in 2023 to introduce a unique luxury lifestyle experience in Dubai, and follows the opening of Banyan Tree Dubai at Bluewaters Dubai late last year. Amit Kaushal, Group Chief Executive Officer, Dubai Holding, said: “The launch of Delano Dubai underscores our commitment to setting new standards of excellence in luxury hospitality and strengthening Dubai’s position as a leading international tourism hub. Together with the recent opening of Banyan Tree Dubai, we are proud to mark another milestone in the evolution of Bluewaters Dubai as a luxury lifestyle destination. Our collaboration with market leaders like Ennismore and Banyan Group will continue to focus on welcoming new brands to Dubai and further enrich the city’s vibrant hospitality landscape.” Delano Dubai will feature 251 guestrooms, including 84 suites, some with private pools, exceptional culinary and mixology experiences, an ocean-front swimming pool, and ultimate discretion on a secluded corner of this island retreat. Guests will be able to discover four distinctive food and beverage concepts, including a collaboration with Paris Society for a unique restaurant and pool club, a patisserie, and a Levantine-inspired destination restaurant. Sharan Pasricha, Founder & Co-CEO, and, Gaurav Bhushan, Co-CEO of Ennismore, said: “When Delano launched in Miami in 1995, it traded traditional, gilded luxury for something far more modern and understated, …

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Caesars Palace Bluewaters Dubai to be replaced by Banyan Tree

Ennismore and Banyan Tree Group and part of the Accor Group, have inked a landmark deal with Dubai Holding, to open Banyan Tree Dubai in November 2023. Sébastien Bazin, Chairman & Chief Executive Officer Accor, signed the agreement with Amit Kaushal, Group Chief Executive Officer of Dubai Holding. Banyan Tree Dubai will replace the existing Caesars Palace Dubai and following a phased stage of brand related upscaling improvements, the repositioned resort will feature 179 rooms, including 30 suites and a brand-new four-bedroom villa with its own private entrance, pool and beach. A key focal point of the resort will be its wellness offering with the signature Banyan Tree Spa featuring its own reception, relaxation area, gym, indoor and outdoor yoga spaces, dedicated F&B space, private mini rainforests, hydrotherapy pools and treatment rooms. The resort will have five restaurants and bars, each carefully curated through a collaboration between Ennismore’s in-house F&B concept studio, Carte Blanched, and Banyan Tree Group, to offer guests a diverse culinary experience. Banyan Tree Dubai will also include 96 private residences comprising one-, two-, three- and four-bedroom units with a dedicated lobby, outdoor swimming pool and access to the hotel’s facilities. As part of a long-term strategic partnership agreement between Accor and Banyan Tree Group signed in 2016, Banyan Tree Dubai will be co-operated by Banyan Tree Group and Ennismore, following a similar operational model applied in Banyan Tree La Cigale Doha, Qatar and Banyan Tree AlUla, Saudi Arabia. Sébastien Bazin, Chairman & Chief Executive Officer Accor, said: “We are thrilled to be at the beginning of a promising development partnership between Accor and Dubai Holding, and the announcement of the opening of a stunning Banyan Tree …

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USD 400 million (SAR 1.5 billion) to be invested in Ennismore’s lifestyle hotels in the Kingdom

The Tourism Development Fund (TDF) which entered into a tripartite partnership with Ennismore, the fastest-growing lifestyle hospitality company in the world, and Al Rajhi Capital, one of the leading Asset Managers in Saudi Arabia, has identified multiple sites to develop exciting lifestyle developments across the Kingdom, including urban beachfront sites. The projects to be developed are part of the newly formed Lifestyle Hospitality Fund, which has recently received approval by the Saudi market regulator, Capital Market Authority (CMA). The fund aims at advancing Ennismore’s lifestyle hotels in the Kingdom with a targeted fund size of USD 400 million (SAR 1.5 billion). In 2021, during the Future Investment Initiative in Riyadh, TDF and Ennismore signed an MOU to commence the discussions for launching an investment fund. This was followed by TDF, Ennismore, and Al Rajhi Capital signing a tripartite agreement in July this year to establish the now approved lifestyle hospitality fund. Furthermore,  MOUs were signed with selected investors who expressed interest in coming into the fund with their respective assets. TDF will be the anchor investor in the newly established investment fund, while Ennismore will lead on the operation of these assets post completion under the umbrella of its lifestyle brands. Al Rajhi Capital will manage the development fund and attract investments. Ennismore is a global collective of entrepreneurial and founder-built brands with creativity and purpose at their heart, bringing together a lifestyle powerhouse of 14 brands with 103 operating properties and 144 in the pipeline. Ennismore’s globally recognized brands include: 25hours Hotels, Mama Shelter, Mondrian, The Hoxton, TRIBE, SLS, SO/ and coworking brand, Working From_. The fund will have significant impact on the tourism offering in the KSA as …

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