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With Plans to be the Most Luxurious Hotel in Spain, Jumeirah
 Signs Lease to Manage the Jumeirah Port Soller, Mallorca
Middle East and North Africa Business Report, Amman, JordanMcClatchy-Tribune Regional News

Sep. 24, 2007 --Jumeirah, the fast growing Dubai based luxury international hospitality company and member of Dubai Holding, will be running Mallorca's most prominent new resort and spa development in Port Soller.

The hotel development was acquired by Deka Immobilien GmbH for the open ended property fund WestInvest InterSelect and will be leased by the Jumeirah Group under a long term lease.

Jumeirah Port Soller, Mallorca, is a five star luxury resort with a spectacular location on the cliffs of Port Soller, overlooking the port and the Mediterranean Sea. The hotel will encompass 120 spacious and luxurious sea or port-facing guestrooms and suites, all featuring a terrace or balcony.

The resort will feature extensive, state-of-the-art conference & banqueting facilities, two swimming pools, as well as a prestigious spa and wellness center of 2000m². The hotel will also feature unique restaurants and bars, each with al fresco dining options, that will reflect the commitment to quality and innovation that will be evident throughout the development. The hotel is scheduled to open in early 2010.

Port Soller is considered to be one of the most attractive towns in Spain and a serious contender in the luxury travel market. The up and coming destination is located in a tranquil valley famous for its orange groves and olive trees and is surrounded by mountains, making it a perfect luxury holiday getaway. The unique nature of this development will further enhance the destination's global standing and will create a memorable experience for both business and leisure travellers to the island.

The exclusive resort, part of WestInvest Interselect's funds, is being developed by WingField Corporation with plans to be the most luxurious hotel in Spain; the partnership of excellence created between Jumeirah, Deka Immobilien, and WingField is expected to redefine the luxury resort standard throughout Mallorca and the rest of Spain.

"We are delighted to be managing such a prominent new resort" commented Gerald Lawless, Executive Chairman of Jumeirah Group, "The hotel is a very strategic and important addition to our growing portfolio of luxury hotels and resorts worldwide and we look forward to offering guests and visitors of the hotel our unique Stay Different experience."

Managing director of Deka Immobilien GmbH Gerhard Gminder, added: "This investment puts us in one of Europe's leading hotel markets. This is the first time that we are investing in a hotel in Spain and this is directly in line with our strategy to grow our fund's investments in hotels."

Dean Johnson, partner of WingField said: "I am pleased to announce the signing with the Jumeirah group; together we will redefine the meaning of luxury. The unique quality of this location and the recognition of Port Soller as an emerging destination in Mallorca will ensure that the resort will become a great destination in its own right."


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Copyright (c) 2007, Middle East and North Africa Business Report, Amman, Jordan

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