Jumeirah International joins Dubai Holding
JUMEIRAH International, the Dubai-based luxury international hospitality group, has joined Dubai Holding in a step that aims to initiate a new phase of growth and development for the group.
Dubai Holding, established in October 2004, has a mission to coordinate the strategic growth and development of some of the world’s most exciting companies and projects, including Dubai Internet and Media cities, Dubailand, Dubai International Properties and now, Jumeirah International.
Gerald Lawless, CEO of Jumeirah International said, “We are delighted to be incorporated into Dubai Holding, as this step will offer us new opportunities for growth and development. We look forward to growing our portfolio locally, regionally and internationally. Jumeirah International has already achieved international acclaim and our hotels have become well recognised symbols of luxury hospitality throughout the whole world.”
He added: “The Jumeirah brand is now established internationally, and we compete at the very top end of the luxury hospitality market on a global stage. We look forward to taking our management expertise to many of the world's most important business and leisure destinations.”
Mohammed Al Gergawi, CEO of Dubai Holding said, “Jumeirah International’s joining adds value to the projects under Dubai Holding.” He added: “'The decision of Jumeirah International to join Dubai Holding will help make the most of the common resources of Dubai Holding. It will allow the Group to expand its activities and operations to cover new sectors, and at the same time to maintain the independence of the individual projects in their daily operations fully supported by the Dubai Holding Management in implementing strategic plans.”