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Jumeirah to run its first European resort and spa development
Jumeirah, the fast growing Dubai based luxury international hospitality company and member of Dubai Holding, will be running Mallorca’s most prominent new resort and spa development in Port Soller. The hotel development was acquired by Deka Immobilien GmbH for the open ended property fund WestInvest InterSelect and will be leased by the Jumeirah Group under a long term lease.

Jumeirah Port Soller, Mallorca, is a five star luxury resort on the cliffs of Port Soller, overlooking the port and the Mediterranean Sea. The hotel will encompass 120 luxurious sea or port-facing guestrooms and suites.

The hotel is scheduled to open in early 2010. The exclusive resort, part of WestInvest Interselect’s funds, is being developed by WingField Corporation with plans to be the most luxurious hotel in Spain; the partnership of excellence created between Jumeirah, Deka Immobilien, and WingField is expected to redefine the luxury resort standard throughout Mallorca and the rest of Spain.

“We are delighted to be managing such a prominent new resort” commented Gerald Lawless, Executive Chairman of Jumeirah Group, “The hotel is a very strategic and important addition to our growing portfolio of luxury hotels and resorts worldwide and we look forward to offering guests and visitors of the hotel our unique Stay Different experience.”

Managing director of Deka Immobilien GmbH Gerhard Gminder, added: “This investment puts us in one of Europe`s leading hotel markets. This is the first time that we are investing in a hotel in Spain and this is directly in line with our strategy to grow our fund’s investments in hotels.”

Dean Johnson, partner of WingField said: “I am pleased to announce the signing with the Jumeirah group; together we will redefine the meaning of luxury. The unique quality of this location and the recognition of Port Soller as an emerging destination in Mallorca will ensure that the resort will become a great destination in its own right.” Rania Deimezi - Tuesday, September 25, 2007