Monday, September 27, 2021

Corinthia Hotels no longer opens in Dubai – FIVE Hotels acquires the project

The former ”under construction” Corinthia Hotel in Dubai has been acquired by FIVE Hotels & Resorts, to be reflagged as FIVE Beach opening in 2023. Along with FIVE Palm Jumeirah and FIVE Jumeirah Village, this will be FIVE Hotels and Resorts third experiential luxury lifestyle destination in Dubai

FIVE Holdings, the innovative conglomerate behind Dubai’s hottest lifestyle destinations FIVE Palm Jumeirah and FIVE Jumeirah Village is thrilled to announce its latest acquisition in Dubai – FIVE Beach.

Boundary-breaking and a disruptor, FIVE Holdings currently possesses an exciting portfolio of Hotels and Resorts, FIVE Palm Jumeirah (with 476 hotel rooms and apartments, 221 luxury residences with 11 culinary and nightlife venues), FIVE Jumeirah Village (with 234 hotel rooms, 267 luxury serviced apartments and 5 culinary and nightlife venues ) in Dubai and FIVE Zurich in Switzerland (formerly Giardino Resort) which is yet to be re-open.

FIVE Beach, a prime beach property boasts of 227 suites, 102 lavish serviced residences, 7 culinary and nightlife venues, ReFIVE Spa, an iconic social pool, private beach. The entire property boasts uninterrupted sweeping sunset sea-views and evenings filled with the glittering lights of the Dubai Eye (Ain). Opening in 2023 the property will truly imbibe the authentic and unique Vibe at FIVE, globally famous for its bespoke entertainment and culinary offerings.

This exciting new acquisition will cater to our overwhelming demand from millennials and Gen Z as we plan to up the ante with FIVE Beach as the most exciting must visit destination in Dubai.” Kabir Mulchandani, Chairman, FIVE Holdings.

The Corinthia Hotel Dubai project was announced in 2018 with Nakheel as the developer. Corinthia Hotels currently operates a luxury hotels in London, Budapest, St Petersburg Malta as well as four star hotels in Lisbon, Prague, Khartoum and Tripoli. The company announced it would take over the management of The Surrey Hotel in New York, which is estimated to re-open in 2023. Future openings include Moscow and Brussels.

FIVE Beach Hotel, Dubai

FIVE Beach Hotel, Dubai


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