Jumeirah Group acquires legendary Le Richemond lodge on the banks of Lake Geneva, Switzerland
Jumeirah Group, the worldwide luxurious hospitality firm and member of Dubai Holding, right now introduced the acquisition of its first property in Switzerland because it continues its progress trajectory and worldwide growth.
The flagship property – Le Richemond – was based in 1875 and is situated on the banks of Lake Geneva in a chief location on the coronary heart of the town’s enterprise district and a brief stroll from the town’s luxurious designer boutiques. The acquisition types a part of the Group’s technique to construct its model profile in gateway locations internationally.
The transfer indicators Jumeirah’s urge for food for funding in key cities that help the diversification of its portfolio and construct model fairness as a globally recognised luxurious lodge operator. Geneva, as a thriving metropolis, synonymous with luxurious residing, with a powerful worldwide enterprise group and a strong high-end tourism sector, will help Jumeirah’s imaginative and prescient to grow to be one of many world’s prime 5 luxurious lodge manufacturers.
The artwork deco property with its attraction and grandeur has been a well-liked vacation spot for well-known personalities all through the years. The lodge options 109 keys with 87 rooms and 22 suites, boasting gorgeous views throughout Lac Léman and the mountain peaks of Mont Blanc. The property will endure intensive renovations, which is able to start as quickly as potential, to reposition and elevate the visitor expertise to a stage in step with Jumeirah’s model expectations. Jumeirah plans to introduce its signature wellness and health ideas and also will deal with bringing its culinary experience to the banks of Lake Geneva, a metropolis well-regarded for its various culinary craftsmanship and progressive spirit, with the introduction of distinctive vacation spot eating ideas.
Katerina Giannouka, Chief Executive Officer of Jumeirah Group mentioned: “This is an important acquisition for Jumeirah as it marks our entry into Switzerland, presenting guests with a prestigious address to stay in the heart of Geneva’s most desirable destination, as well as serving as a gateway to world-renowned ski resorts. Le Richemond is a legendary property with a 140-year legacy and impeccable pedigree, and we are committed to preserving this heritage as we redesign the hotel. We are in pursuit of the finest architects and designers to curate an exceptional hotel within the Jumeirah portfolio, and we are confident that the re-launch of this property as a new ultra-luxury hotel in Geneva following the completion of the planned renovation works (currently expected in 2025), will support the city’s tourism economy, attracting both domestic and international visitors for business and leisure.”
Giannouka continued: “As the gateway to the mountains of Europe, Geneva is strategically significant for us as we look to diversify our portfolio in major cities with both summer and winter resort destinations.”
Jumeirah’s new property in Geneva is its fifth in Europe, becoming a member of The Carlton Tower Jumeirah, and Jumeirah Lowndes Hotel in London, UK; Capri Palace Jumeirah on the island of Capri, Italy; and Jumeirah Port Soller Hotel & Spa in Mallorca, Spain. Jumeirah Group, which originated in Dubai within the United Arab Emirates, has a portfolio of 26 accommodations and resorts throughout Europe, the Middle East and Asia.
Jumeirah Group is a member of Dubai Holding, a diversified world funding firm with operations in over 13 nations, using greater than 20,000 individuals and with an intensive portfolio of over AED 130 billion price of belongings that help the diversification and sustainable progress of Dubai’s economic system throughout key sectors.
