Jumeirah to Manage City Hotel in Panama

The management agreement was signed by Mr Julio Noval-García, President of Grupo Mall and Mr Gerald Lawless, Executive Chairman of Jumeirah 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 Jumeirah Los Faros de Panama, comprising 400 luxurious hotel rooms and suites, Jumeirah’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.

Jumeirah Group: Jumeirah 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 Jumeirah Beach Hotel, Jumeirah Emirates Towers, Madinat Jumeirah and Jumeirah Bab Al Shams Desert Resort & Spa in Dubai, the Jumeirah Carlton Tower and Jumeirah Lowndes Hotel in London and the Jumeirah Essex House in New York.

The Group’s activities are, however, not restricted to hotel and resort management. The Jumeirah Group portfolio also includes Jumeirah Living, the Group’s luxury brand of serviced residences offering effortless living in luxurious surroundings; global spa brand Talise; The Taste Department, the company’s dedicated restaurant division; Wild Wadi water park; The Emirates Academy of Hospitality Management, the region’s only fully accredited third-level academic institution delivering specialised degree programmes in hospitality management; and Jumeirah Retail, with its 15 stores and dedicated luxury online store www.jumeirahcollection.com. Sirius, Jumeirah’s Recognition and Rewards programme, offers members the ability to earn Sirius Points every time they stay, dine or shop with Jumeirah.

Building on this success, Jumeirah Group became a member of Dubai Holding in 2004, a collection of leading Dubai based businesses and projects, initiating a new phase of growth and development for the group.

Jumeirah has extensive expansion plans to grow its portfolio of luxury hotels and resorts into key gateway or letterhead cities and aspirational resort destinations worldwide. Currently, the Group has several luxury five-star properties under development in the United Arab Emirates, Jordan, Qatar, Oman, Bahrain, Kuwait, Maldives, Bali, Thailand, China, Argentina, Spain, England, Scotland, Germany and the US Virgin Islands. In 2009, the Group is eagerly anticipating the grand opening of Jumeirah HanTang Xintiandi in Shanghai, Jumeirah’s first hotel in the Asia Pacific region.