Dubai based property developer Nakheel have signed a management agreement with Minor Hotel Group to manage a new 372 room hotel at Ibn Battuta Mall that will operate under the AVANI Hotels and Resorts brand.
The Letter of Intent was signed in Bangkok by Nakheel chairman Ali Rashid Lootah and William Heinecke, founder, chairman and CEO of Minor International PCL, the parent company of the hotel owner, operator and investor, Minor Hotel Group. Under the proposed agreement, the hotel will be managed under the AVANI Hotels & Resorts brand.
The new, 14-storey hotel – one of two Nakheel hotels at Ibn Battuta and one of 10 in the developer’s overall Dubai hotel portfolio, will have direct access to the mall and a link to the Dubai Metro. Features include a rooftop pool, all day dining restaurant and coffee shop.
The new property marks the second collaboration for Nakheel and the Minor Hotel Group in five months. In September last year, the two companies announced a planned joint venture for a 500-room AVANI beachfront resort at Deira Islands, Nakheel’s 15.3 sq km coastal city in Dubai. Minor’s portfolio currently comprises more than 17,000 rooms across 145 hotels, resorts and serviced suites in 22 countries under the Anantara, AVANI, PER AQUUM, Oaks, Tivoli, Elewana, Four Seasons, Marriott, St Regis, Radisson Blu and Minor International brands.
Nakheel chairman Ali Rashid Lootah said: “We continue to work with reputable international partners to bring new brands to Dubai, further enhancing and diversifying the emirate’s hotel accommodation offering in line with the Government of Dubai’s vision. We are delighted to further develop our collaboration with Minor Hotel Group with an AVANI hotel at our expanding Ibn Battuta Mall, which in itself is an increasingly popular destination for Dubai’s growing number of tourists.”
Dillip Rajakarier, CEO of Minor Hotel Group, commented: “Following the recent announcement about our strategic partnership with Nakheel and the development of the UAE’s first AVANI at Deira Islands, we are thrilled that a Letter of Intent has already been signed for the second AVANI in the UAE. The location at Ibn Battuta Mall, one of the world’s largest themed malls in one of the city’s fastest growing areas, is perfect for guests who enjoy AVANI’s relaxed comfort and contemporary style. We are thrilled that our partnership with Nakheel is off to such a strong start and we look forward to a long and fruitful relationship.”