Travel and lifestyle group, AccorHotels, signed a management agreement with Dubai’s developer Nakheel for the expansion of its luxury brand, Raffles Hotels & Resorts, Invest-Gate reports.
According to the agreement, both parties will open Palm360, a two-tower project on Palm Jumeirah featuring the Raffles, The Palm Dubai Hotel, and Raffles Residences Palm360.
To be the “tallest” structure on Palm Jumeirah at almost 260 meters high, Palm360 is scheduled for opening in 2021.
The project’s centerpiece will be a 155 meter long sky pool, connecting the towers 170 meters above the ground.
The hotel component will offer 125 rooms and suites, whilst the 359 branded residences – including 16 branded penthouses that will each have their own private infinity pool, gym and cinema – will be available for purchase.