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Jumeirah Group Acquires Its First Property in Switzerland: Le Richemond Joins the Global Luxury Hospitality Company’s European Portfolio.

Jumeirah Group, the renowned global luxury hospitality company and member of Dubai Holding, has just announced the acquisition of its first property in Switzerland. The acquisition of the iconic Le Richemond, located in the heart of Geneva’s business district, is a significant step forward in Jumeirah’s international expansion and growth trajectory.

Le Richemond: A 140-Year Legacy of Charm and Grandeur.

Founded in 1875, Le Richemond is a legendary property with an impeccable pedigree. Over the years, the hotel has welcomed many well-known personalities and has been a popular destination for luxury living. Boasting 109 keys, including 87 rooms and 22 suites with stunning views of Lake Geneva and the mountain peaks of Mont Blanc, the property will soon undergo extensive renovations to reposition and elevate the guest experience to Jumeirah’s brand expectations.

Introducing Jumeirah’s Signature Wellness and Fitness Concepts.

Jumeirah plans to introduce its signature wellness and fitness concepts to the banks of Lake Geneva and bring its culinary expertise to this city renowned for its diverse culinary craftsmanship and innovative spirit. The planned renovations, expected to be completed by 2025, will support Geneva’s tourism economy by attracting both domestic and international visitors for business and leisure.

Diversifying Jumeirah’s Portfolio in Major Cities with Summer and Winter Resort Destinations.

As the gateway to the mountains of Europe, Geneva is strategically significant for Jumeirah as it looks to diversify its portfolio in major cities with both summer and winter resort destinations. The acquisition of Le Richemond marks Jumeirah’s entry into Switzerland and presents guests with a prestigious address to stay in the heart of Geneva’s most desirable destination.

Jumeirah Group: A Member of Dubai Holding with a Diversified Global Investment Portfolio.

Jumeirah Group, which originated in Dubai in the United Arab Emirates, has a portfolio of 26 hotels and resorts across Europe, the Middle East, and Asia. As a member of Dubai Holding, a diversified global investment company with operations in over 13 countries, Jumeirah Group has an extensive portfolio of over AED 130 billion worth of assets that support the diversification and sustainable growth of Dubai’s economy across key sectors.

In conclusion, Jumeirah Group’s acquisition of Le Richemond in Geneva represents a major step forward in the company’s international expansion and growth trajectory. With extensive renovations planned to elevate the guest experience to Jumeirah’s brand expectations, the legendary Le Richemond is set to become a new ultra-luxury hotel in Geneva, attracting both domestic and international visitors for business and leisure.