Jumeirah Group makes key acquisition in Geneva

Le Richemond

Jumeirah Group has actually broadened its existence in Europe following the acquisition of a hotel on the coasts of Lake Geneva. The high-end hotel group’s European portfolio now stands at 5 homes. This deal suits Jumeirah’s aspiration to continue its worldwide growth in premium locations.

Le Richemond hence ends up being the very first Swiss hotel owned by the Dubai Holding subsidiary. The famous hotel was established in 1875 and lies in the heart of Geneva’s downtown. The coasts of Lake Geneva in addition to elegant shops lie within simple reach of the hotel.

The Art Deco hotel has 109 spaces and 22 suites and provides views of Lake Geneva in addition to the peaks of Mont Blanc. It will go through comprehensive remodellings to rearrange and raise its visitor experience.

In addition, Jumeirah prepares to present its health and physical fitness principles, along with distinct brand-new dining principles to Le Richemond.

The hotel signs up with the group’s European portfolio along with the Carlton Tower Jumeirah and the Jumeirah Lowndes hotel in London, the Capri Palace Jumeirah on the island of Capri, and the Jumeirah Port Soller hotel & & Spa in Majorca.

Jumeirah’s aspiration is to turn into one of the leading 5 high-end hotel brand names worldwide. To date, it has 26 homes in Europe, the Middle East, and Asia.

This is an essential acquisition for Jumeirah as it marks our entry into Switzerland, providing our visitors a distinguished address within among Geneva’s premier organizations, while likewise acting as an entrance to first-rate ski resorts. Le Richemond is a famous home with 140 years of history and a remarkable heritage, and we are dedicated to protecting this heritage as we redevelop the hotel. We are looking for the very best designers and designers to develop an extraordinary hotel within the Jumeirah portfolio, and we are positive that the revival of this home as a brand-new ultra-luxury hotel in Geneva after the conclusion of the restoration (presently set up for 2025), will support the city’s tourist economy, drawing in nationwide and worldwide visitors for service and leisure. As the entrance to the mountains of Europe, Geneva is of tactical value to us as we look for to diversify our portfolio in significant cities with both summer season and winter season tourist offerings.

Katerina Giannouka, CEO of Jumeirah Group


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