
Jumeirah's executive chairman stated yesterday that Jumeirah Group is looking at doubling its properties under management globally by early 2012 and tapping into growing tourism demand.
Gerald Lawless told the Middle East Investment Summit held at Reuters' offices in Dubai "We will open in Kuwait, Majorca, and Azerbaijan. We will almost double the number of hotels under management for Jumeirah in a 14 month period," .Reuters reports that, "Jumeirah, which competes with brands such as Mandarin Oriental or Four Seasons, recently opened brand-managed hotels in Frankfurt, the Maldives and Shanghai, and already has an extensive portfolio in Dubai, such as the sail-shaped Burj Al Arab hotel (pictured above) and the Jumeirah Beach Hotel."Reuters quotes Mr. Lawless, "We have a few other potential projects "bubbling"... Some of them are in Europe," he said, adding the Jumeirah Group would count 20 hotels by the end of the first quarter 2012.Reuters reports that, "Jumeirah, which competes with brands such as Mandarin Oriental or Four Seasons, recently opened brand-managed hotels in Frankfurt, the Maldives and Shanghai, and already has an extensive portfolio in Dubai, such as the sail-shaped Burj Al Arab hotel (pictured above) and the Jumeirah Beach Hotel."