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Dubai’s Jumeirah Plans 57 Luxury Hotels Worldwide

Jumeirah expects to be operating 57 hotels around the globe by the end of 2011, with the emphasis on iconic properties, the Dubai-based company’s executive chairman Gerald Lawless said.

Jumeirah, which operates the Burj Al Arab hotel, has identified 26 locations for hotels including properties in major cities such as Paris, London, Frankfurt and New York, Lawless told the Reuters Middle East Investment Summit in Dubai.

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The firm is close to signing a deal in Beijing and is “very close to linking up with an investor in Bali and Jakarta”, Lawless said, adding China could be put on hold until after the 2008 Olympics if construction is not started soon.

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