Last Updated on: 5th July 2023, 08:57 am
The Jumeirah Group From The UAE Buys The Historic, Centuries-Old Luxury Hotel in Switzerland
The Jumeirah Group, the state-owned luxury hotel chain of the United Arab Emirates, has acquired Le Richemond, a historic 5-star luxury hotel in Switzerland dating back to 1875.
Le Richemond is located on the shores of Lake Geneva. It enjoys a prime location in Geneva’s business district and is within walking distance of the city’s luxury services.
The famous hotel has 87 rooms and 22 suites with stunning views of Lake Geneva and Mont Blanc. The Jumeirah Group will now refurbish the hotel to enhance the guest experience in line with the brand image.
This decision is part of Jumeirah Group’s plan to strengthen its brand presence in prestigious destinations around the world. It also demonstrates its willingness to invest in key cities, thereby diversifying its portfolio and consolidating itself as a globally recognized luxury hotel operator.
Le Richemond is the Jumeirah Group’s fifth property in Europe. Other properties include the Carlton Tower in Jumeirah and the Jumeirah Lowndes Hotel in London, UK; Jumeirah Port Soller Hotel and Spa in Mallorca, Spain; and Capri Palace Jumeirah on the island of Capri, Italy.
In total, the Jumeirah Group owns 26 hotels and resorts in the Middle East, Asia, and Europe. The total value of the group’s properties is over AED 130 billion. The group has offices in 13 countries and employs more than 20,000 people.
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