Kuwaiti investor Omniyat Holdings has teamed up with Dorchester Collection to build a luxury hotel in Dubai. This will be the Dorchester Collection’s tenth hotel, but its first outside Europe and the United States.
Dorchester Collection, owned by the Brunei Investment Agency (BIA), will open its first hotel in the Middle East, in Dubai, by the end of the year.
Called the Lana, this 225-room and suite establishment will be developed and owned by Omniyat Holdings, a Kuwaiti company with interests in a wide range of sectors (real estate, light industry, food, services, etc.).
“When we were looking for an upscale brand to satisfy the luxury aspirations of our consumers, Dorchester Collection came to mind. It offers a high level of sophisticated hospitality, and at the same time, its exclusive collection is very limited worldwide,” explains Omniyat President Mahdi Amjad.
The Lana will undoubtedly play in the big league: more than a third of its rooms will be suites of at least 50 square meters, and guests will enjoy seven restaurants and a rooftop pool with panoramic views of the city.
The hotel is also linked to a residential tower comprising 39 serviced apartments. All were sold prior to construction at an average price of $980 per square metre. This price has recently risen to around Dh7,000 ($1906!). An effect of recent Russian migratory pressure, since the invasion of Ukraine… Financial and tech specialists have fled their home countries (and the risk of being conscripted into the army) to settle in Dubai.
Featured photo : © Dorchester collection