| 25 Nov 2009 |
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Jumeirah to manage city hotel in Panama
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Jumeirah GroupJumeirah Group
, the Dubai-based luxury hospitality company and a member of Dubai Holding, has been appointed by Grupo Mall, developer of residential and mixed-use projects throughout Spain and Mexico, to manage a luxury hotel in Panama City. The management agreement was signed by Mr Julio Noval-García, President of Grupo Mall and Mr Gerald Lawless, Executive Chairman of Jumeirah GroupJumeirah Group at a private signing ceremony held in Burj Al Arab, Dubai.
Designed by architectural firm Chapman Taylor and Humberto Echeverria and Associates, Los Faros de Panama complex will ultimately consist of three towers. The central tower will be 361 metres tall and 85 floors (Phase 1), making it one of the tallest towers in Latin America. The two lateral towers (Phase 2) will reach 266 metres in height with 75 floors.
In addition to luxury residences and Class A office space, the main tower will include JumeirahJumeirah Los Faros de Panama, comprising 400 luxurious hotel rooms and suites, JumeirahJumeirah's signature Talise spa, fitness and leisure amenities, and 3,000 m2 of conference and meeting facilities. Hotel guests, residents and visitors to the tower will also have access to exclusive restaurants, lounges and retail outlets.
Los Faros de Panama is located in the central district of San Francisco, adjacent to the emerging and dynamic neighbourhoods of Punta Pacifica, Punta Paitilla, Marbella and Avenida Balboa. The complex is in close proximity to the Pacific Ocean and faces Panama's upscale shopping centre, Multiplaza Mall; it is also adjacent to the Hospital Punta Pacifica, affiliated with the Johns Hopkins Hospital and Health System. Tocumen International Airport is located 17 kilometres away, with daily flights to major cities in North and South America.
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About The management agreement
The management agreement for JumeirahJumeirah
Los Faros de Panama was signed by Mr Julio Noval-García, President of Grupo Mall and Mr Gerald Lawless, Executive Chairman of Jumeirah GroupJumeirah Group at a private signing ceremony held in Burj Al Arab, Dubai.About JumeirahJumeirah:
JumeirahJumeirah Hotels & Resorts are regarded as among the most luxurious and innovative in the world and have won numerous international travel and tourism awards. The Dubai-based luxury international hotel management group encompasses the world renowned Burj Al Arab, the world's most luxurious hotel and recognised as the symbol of Dubai, the multi-award winning JumeirahJumeirah Beach Hotel, JumeirahJumeirah Emirates Towers, Madinat JumeirahJumeirah and JumeirahJumeirah Bab Al Shams Desert Resort & Spa in Dubai, the JumeirahJumeirah Carlton Tower and JumeirahJumeirah Lowndes Hotel in London and the JumeirahJumeirah Essex House in New York.
About Grupo Mall:
Grupo Mall is a Spanish real estate company with a history stretching more than 50 years, that distinguishes itself for undertaking unique real estate developments, which have allowed it to position itself as a reference in the sector, in which it has gained its own place thanks to his unique projects, always located in best neighbourhood and that put first the design, the excellence, the sustainability and differentiating elements.
In the last years, Grupo Mall has grown exponentially, thanks to the diversification of its lines of business and its entry into international markets, in particular in Mexico and Panama, where it is developing the most important real estate tourism complexes for both countries: Campeche Marine Beach Golf & SPA Resort, in the Mexican state of Campeche, and Los Faros de Panama, in Panama.
For further information please contact:
Virginia Lombraña
Grupo Mall
Tel.: + 34 915626550/+ 34 655192721
Fax: +34 915621571
Email: virginia@premium-comunicacion.com
Website: www.mall.es
Mia Hedman
Director Corporate Communications
Jumeirah GroupJumeirah Group Corporate Communications
PO Box 214159 Dubai, United Arab Emirates
Telephone: +971 4 364 7947
Fax: +971 4 301 6655
Email: pr@jumeirah.com
Visit us at: www.jumeirah.com
© Press Release 2009
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