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FINANCIAL NEWS
UAE’s SKAI to develop USD348.4m Jumeirah hotel
26 Apr 2015
(MENAFN) SKAI, the real estate investment group headquartered in Dubai, is set to further develop one of its assets in Dubai’s Jumeirah Village Circle and transform it into a five-star luxury property branded Viceroy Dubai Jumeirah Village, Arabian Business reported.
The decision came after the contacting of Viceroy Hotel Group as the firm’s own hotel operator, which is the second signing for the operator with SKAI after the former one with Viceroy Dubai Palm Jumeirah.
‘It is a great privilege to be collaborating with SKAI Holdings for a second project following our partnership for Viceroy Dubai Palm Jumeirah.’ The CEO of Viceroy Hotel Group said in a statement.
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