Jumeirah 'committed' to US despite NYC hotel sale | hoteliermiddleeast.com

Jumeirah says it “remains fully committed to the US market” despite the sale of its only New York hotel, Essex House Hotel, which will be rebranded as the first JW Marriott in Manhatten. Jumeirah parent company, Dubai Investment Group (DIG), bought the Essex House in 2005 for $423.9m, according to real estate research and information company Real Capital Analytics.