Latest news with #Monaco-inspired
Web Release
26-03-2025
- Business
- Web Release
KLEINDIENST GROUP COMPLETED CONSTRUCTION FOR NICE HOTEL ON THE HEART OF EUROPE
After the successful launch – and resounding success – of its Monaco-inspired hotel, the Kleindienst Group is set to add a second Nice-inspired property to its Côte d'Azur stable. Part of the Heart of Europe development located on the World Islands just off the coast of Dubai, Nice Hotel has now completed construction, having achieved the Nakheel Completion Certificate. With projected annual yields of 8.33%, the hotel presents an incredibly attractive investment opportunity, backed by the powerhouse that is the Kleindienst Group, a strategic market leader in both the hospitality and innovation spheres. The ambitious Heart of Europe is a case in point. With its floating villas, stunning beachfront properties, contemporary rooms and opulent villas, a coral restoration programme and even climate-controlled streets – this is a Eurpoean-inspired megaproject that defies convention and demands attention. It is also a benchmark in sustainability, fusing luxury with environmental consciousness through marine conservation and energy-efficient design. Nice is the second hotel within The Heart of Europe, a waterfront development with a track record of strong occupancy rates, revenue growth, and guest satisfaction. As such, it presents a valuable investment opportunity for those seeking high-yield hotel room ownership with proven profitability. Attractive returns aside, buyers can benefit from a turnkey service, wherein operations will be fully managed independently with no day-to-day responsibilities for investors. 'This is a rare opportunity to invest in a thriving hotel property with a solid performance history,' says Mr Josef Kleindienst, Chairman of The Heart of Europe. 'Our strategic location, strong brand reputation and high occupancy rates make this an exceptional choice for investors seeking both short-term returns and long-term value appreciation.' Owners will also benefit from an array of hospitality benefits, including complimentary stays and priority bookings, plus proximity to the hotels, restaurants and other amenities on The Heart of Europe. Now in its pre-opening stages, the 264-key Nice Hotel will offer deluxe and premium rooms, plus three types of suites, ranging from 603 sq. ft. to 1216 sq. ft., including Étoiles Rooms, Suite de Prestige Types 1 & 2 and the expansive Nissa La Bella Suite that will be located on the ground floor. A vibrant, fun and unapologetically bold destination, Nice promises a truly experiential stay – from its indulgent cuisine and exhilarating watersports to its trendy boutiques, yacht and pool parties and seasonal carnivals. The property channels French Riviera vibes, where guests can spend the day amid bustling street markets before heading over to all-night beach parties alongside other global revelers. This is la bonne vie at its most refined. Hotel property investments – especially those strategically placed in high-demand leisure destinations – are a lucrative and stable source of income. The booming hospitality sector and thriving travel and tourism scene in Dubai, combined with the competitive positioning of the Kleindienst Group make this an investment that is not only sound and strategic, but also stylish, sustainable and sophisticated. Moving forward, the group has an expansion plan that includes, but is not limited to, the five-star Cannes and St Tropezboutique hotels as part of Côte d'Azur; the Floating Lido, which will be the world's first luxury underwater vessel resort inspired by Venice; ultra-private and limited-number beach palaces on Sweden Island; and waterfront villas inspired by Bauhaus architecture on Germany Island among others. The Nice hotel room ownership programme offers consistent revenue streams, capital appreciation, and access to a hospitality brand that is known for its excellence in service and guest experience, its use of state-of-the-art technology, and its prowess in developing properties for discerning investors. For more information about Kleindienst Group and their work, visit
Zawya
26-03-2025
- Business
- Zawya
Kleindienst completes work on 264-key Dubai hotel property
UAE-based Kleindienst Group has announced that it is set to add a second Nice-inspired property to its Côte d'Azur stable. Part of the Heart of Europe development located on the World Islands just off the coast of Dubai, the Nice Hotel has now completed construction, having achieved the Nakheel Completion Certificate. This comes after the successful launch of its Monaco-inspired hotel, said the Kleindienst Group in a statement. Now in its pre-opening stages, the 264-key Nice Hotel will offer deluxe and premium rooms, plus three types of suites, ranging from 603 sq. ft. to 1216 sq. ft., including Étoiles Rooms, Suite de Prestige Types 1 & 2 and the expansive Nissa La Bella Suite that will be located on the ground floor Kleindienst said Nice was the second hotel within The Heart of Europe, a waterfront development with a track record of strong occupancy rates, revenue growth, and guest satisfaction. As such, it presents a valuable investment opportunity for those seeking high-yield hotel room ownership with proven profitability. Attractive returns aside, buyers can benefit from a turnkey service, wherein operations will be fully managed independently with no day-to-day responsibilities for investors, it added. "This is a rare opportunity to invest in a thriving hotel property with a solid performance history," remarked Josef Kleindienst, the Chairman of The Heart of Europe. "Our strategic location, strong brand reputation and high occupancy rates make this an exceptional choice for investors seeking both short-term returns and long-term value appreciation," he stated. A vibrant, fun and unapologetically bold destination, Nice promises a truly experiential stay – from its indulgent cuisine and exhilarating watersports to its trendy boutiques, yacht and pool parties and seasonal carnivals, noted Kleindienst. "The property channels French Riviera vibes, where guests can spend the day amid bustling street markets before heading over to all-night beach parties alongside other global revelers. This is la bonne vie at its most refined," he added. -TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
25-03-2025
- Business
- Trade Arabia
Kleindienst completes work on 264-key Dubai hotel property
UAE-based Kleindienst Group has announced that it is set to add a second Nice-inspired property to its Côte d'Azur stable. Part of the Heart of Europe development located on the World Islands just off the coast of Dubai, the Nice Hotel has now completed construction, having achieved the Nakheel Completion Certificate. This comes after the successful launch of its Monaco-inspired hotel, said the Kleindienst Group in a statement. Now in its pre-opening stages, the 264-key Nice Hotel will offer deluxe and premium rooms, plus three types of suites, ranging from 603 sq. ft. to 1216 sq. ft., including Étoiles Rooms, Suite de Prestige Types 1 & 2 and the expansive Nissa La Bella Suite that will be located on the ground floor Kleindienst said Nice was the second hotel within The Heart of Europe, a waterfront development with a track record of strong occupancy rates, revenue growth, and guest satisfaction. As such, it presents a valuable investment opportunity for those seeking high-yield hotel room ownership with proven profitability. Attractive returns aside, buyers can benefit from a turnkey service, wherein operations will be fully managed independently with no day-to-day responsibilities for investors, it added. "This is a rare opportunity to invest in a thriving hotel property with a solid performance history," remarked Josef Kleindienst, the Chairman of The Heart of Europe. "Our strategic location, strong brand reputation and high occupancy rates make this an exceptional choice for investors seeking both short-term returns and long-term value appreciation," he stated. A vibrant, fun and unapologetically bold destination, Nice promises a truly experiential stay – from its indulgent cuisine and exhilarating watersports to its trendy boutiques, yacht and pool parties and seasonal carnivals, noted Kleindienst.
Zawya
25-03-2025
- Business
- Zawya
Kleindienst Group completed construction for Nice Hotel on The Heart Of Europe
Dubai, UAE: After the successful launch – and resounding success – of its Monaco-inspired hotel, the Kleindienst Group is set to add a second Nice-inspired property to its Côte d'Azur stable. Part of the Heart of Europe development located on the World Islands just off the coast of Dubai, Nice Hotel has now completed construction, having achieved the Nakheel Completion Certificate. With projected annual yields of 8.33%, the hotel presents an incredibly attractive investment opportunity, backed by the powerhouse that is the Kleindienst Group, a strategic market leader in both the hospitality and innovation spheres. The ambitious Heart of Europe is a case in point. With its floating villas, stunning beachfront properties, contemporary rooms and opulent villas, a coral restoration programme and even climate-controlled streets – this is a Eurpoean-inspired megaproject that defies convention and demands attention. It is also a benchmark in sustainability, fusing luxury with environmental consciousness through marine conservation and energy-efficient design. Nice is the second hotel within The Heart of Europe, a waterfront development with a track record of strong occupancy rates, revenue growth, and guest satisfaction. As such, it presents a valuable investment opportunity for those seeking high-yield hotel room ownership with proven profitability. Attractive returns aside, buyers can benefit from a turnkey service, wherein operations will be fully managed independently with no day-to-day responsibilities for investors. 'This is a rare opportunity to invest in a thriving hotel property with a solid performance history,' says Mr Josef Kleindienst, Chairman of The Heart of Europe. 'Our strategic location, strong brand reputation and high occupancy rates make this an exceptional choice for investors seeking both short-term returns and long-term value appreciation.' Owners will also benefit from an array of hospitality benefits, including complimentary stays and priority bookings, plus proximity to the hotels, restaurants and other amenities on The Heart of Europe. Now in its pre-opening stages, the 264-key Nice Hotel will offer deluxe and premium rooms, plus three types of suites, ranging from 603 sq. ft. to 1216 sq. ft., including Étoiles Rooms, Suite de Prestige Types 1 & 2 and the expansive Nissa La Bella Suite that will be located on the ground floor. A vibrant, fun and unapologetically bold destination, Nice promises a truly experiential stay – from its indulgent cuisine and exhilarating watersports to its trendy boutiques, yacht and pool parties and seasonal carnivals. The property channels French Riviera vibes, where guests can spend the day amid bustling street markets before heading over to all-night beach parties alongside other global revelers. This is la bonne vie at its most refined. Hotel property investments – especially those strategically placed in high-demand leisure destinations – are a lucrative and stable source of income. The booming hospitality sector and thriving travel and tourism scene in Dubai, combined with the competitive positioning of the Kleindienst Group make this an investment that is not only sound and strategic, but also stylish, sustainable and sophisticated. Moving forward, the group has an expansion plan that includes, but is not limited to, the five-star Cannes and St Tropezboutique hotels as part of Côte d'Azur; the Floating Lido, which will be the world's first luxury underwater vessel resort inspired by Venice; ultra-private and limited-number beach palaces on Sweden Island; and waterfront villas inspired by Bauhaus architecture on Germany Island among others. The Nice hotel room ownership programme offers consistent revenue streams, capital appreciation, and access to a hospitality brand that is known for its excellence in service and guest experience, its use of state-of-the-art technology, and its prowess in developing properties for discerning investors. For more information about Kleindienst Group and their work, visit For further information please contact Brazen MENA at E: kleindienst@ About Kleindienst Group Kleindienst Group operates in various sectors, such as property development, construction, coral engineering, business centers, yacht building, hospitality and renewable energy, employing more than 1,500 people globally. Its flagship project The Heart of Europe, is a unique and innovative destination that celebrates the spirit and culture of different European destinations. To learn more about Kleindienst Group, visit Follow us on LinkedIn, for latest updates. About The Heart of Europe The Heart of Europe is a luxury island destination and a flagship project being developed by Kleindienst Group on the World Islands Dubai, just six kilometres off the shores of Dubai. Comprising six unique islands, each designed with a theme inspired by a European country, The Heart of Europe will offer more than 4,000 keys, 20 hotels and resorts, including beachfront villas and palaces, deluxe hotels, and an underwater living experience. It offers world-class amenities, such as a climate-controlled raining street and the region's first Coral institute dedicated to protecting and restoring the marine ecosystem and seeks to promote sustainable living using renewable energy sources and innovative technologies. Committed to breaking barriers, the Heart of Europe opened its French Riviera-inspired first adults-only five-star party hotel on an island in Dubai – voco™ Monaco Dubai. With 198 keys, including eight suites, five party suites, and four suites with private pools, the hotel pledges an unrivalled night-time atmosphere. Visit us online for more information about The Heart of Europe. To book your stay at the first newly opened voco™ Monaco Dubai, visit Follow us on Facebook, Instagram, LinkedIn, X, and YouTube for latest updates. About Nice Hotel The Nice Hotel is an adults-only luxury escape within the Côte d'Azur resort on Main Europe Island, inspired by the vibrant spirit of the French Riviera. Featuring 264 keys, including premium suites and exclusive private lounges, the hotel overlooks the Grand Azur Pool and a bustling beach. Designed for experiential stays, it will offer the ultimate party destination with live music, festivals and beachfront glamour.
Yahoo
19-03-2025
- Business
- Yahoo
Fort Lauderdale commissioner says he's working for company partly owned by Bahia Mar developer
FORT LAUDERDALE — Commissioner John Herbst says he is now working as the chief financial officer of an apparel firm in New York partly owned by Bahia Mar developer Jimmy Tate and his brother Kenneth. Herbst, a certified public accountant who served as Fort Lauderdale's city auditor before joining the commission in 2022, says he only recently started the job, requiring him to abstain from a vote on Bahia Mar earlier this year. Jimmy Tate, the developer with a 100-year lease on the pricey peninsula home to Bahia Mar, is one of the key players behind a high-profile but controversial $2 billion makeover underway at the city-owned property that's home to the Fort Lauderdale International Boat Show. Tate and his partners plan to transform the property into a Monaco-inspired destination with a hotel and four condo towers. Each condo tower will stand 270 feet tall, the equivalent of 27 stories. The 23-story St. Regis resort will stand even taller at 300 feet. Before commissioners approved the deal nearly two years ago, Tate faced relentless opposition from critics who called the deal a land giveaway and objected to private condos being built on public land worth at least $256 million. In the end, Tate and his partners got what they needed: A supermajority 'yes' vote in June 2023 from four of the five commissioners, including Herbst. Herbst cast two 'yes' votes that year. Warren Sturman, the District 4 commissioner at that time, voted 'no' each time. In January 2024, Herbst cast another 'yes' vote along with Mayor Dean Trantalis and two other commissioners, Steve Glassman and Pamela Beasley-Pittman, that transferred the so-called 'air rights' — the development rights in the airspace above the land — to the Bahia Mar Community Development District. That means the buyers of the condos will own their units in perpetuity. Fort Lauderdale will still own the land, but the city will never be able to take ownership of the condo units, the hotel or the parking podium. The vote was 4-1, with Sturman casting the lone 'no' vote. Glassman, district commissioner for the area, called the deal a win-win, saying it would benefit the city over time. Herbst agreed. 'I think it's a much better deal than what we had prior to the consideration of the air rights,' Herbst said before casting his 'yes' vote last year. 'The air rights are already effectively under contract for the next 100 years. So I don't think this is substantially changing anything. And I think this will add significantly to the city's revenue stream.' This year, Herbst abstained from a Feb. 4 commission vote that allows Bahia Mar to sell food and alcoholic beverages on the sand. In a filing with the city clerk on Feb. 4, he cited the following reason for abstaining from the vote: 'I am employed as the CFO of an entity that shares some common ownership with Rahn Bahia Mar. Although I don't believe this item will inure to my special private gain, in an abundance of caution and to avoid any appearance of impropriety, I am choosing to abstain from voting on this item.' (Rahn Bahia Mar, led by Tate, took over the long-term lease to the Bahia Mar property in 2014.) Herbst confirmed he is working for an apparel company in New York partly owned by the Tates. In a text message to the South Florida Sun Sentinel, Herbst shared the following: 'I recently started as CFO of a company that has some partial common ownership. The company is not otherwise affiliated with Rahn Bahia Mar in any other way. The (interim) City Attorney advised me that under state law I do not have a conflict of interest. In an abundance of caution and so as to avoid even the appearance of a conflict, I elected to abstain.' Herbst declined to elaborate further, saying he already has 'gone above and beyond' what's required. 'The city attorney advised me that I did not have a conflict of interest,' he said. 'Despite that, and in an abundance of caution, I still chose to abstain from the vote on a very routine matter in order to avoid even the appearance of impropriety. Since I have gone above and beyond what is required from an ethical perspective, I fail to understand the point of your continued questions regarding my personal business dealings.' Interim City Attorney D'Wayne Spence declined to comment, citing attorney-client privilege. Bob Jarvis, a law professor at Nova Southeastern University, said he finds it 'very odd' that Tate chose to hire Herbst when there are more than 650,000 CPAs in the nation to choose from. 'The optics are terrible,' Jarvis said. 'It fails the optics test. This is why it's better to not do business of any sort with any entity that comes in front of the City Commission until you no longer are a commissioner.' Professor Charles Zelden, a political science professor at Nova Southeastern University, agreed. 'It looks bad. It doesn't mean it is bad,' Zelden said. 'It's a question of perception.' Herbst was hired this year, Tate told the Sun Sentinel. Tate declined to share the exact start date. Herbst also declined to say. In a text exchange with the Sun Sentinel, Herbst said his date of hire has nothing to do with his position as a city commissioner. Herbst noted that he plans to list the job on his financial disclosure form. The state requires elected officials to file such forms yearly to enable the public to evaluate potential conflicts of interest and increase public confidence in government. The form for 2025 will be due in mid-2026. Tate said the 'consulting arrangement' started this year. 'It's just something fairly new to help the company out for a short-term period,' Tate said. 'Anyways, that's it. No big deal. No big story.' Tate told the Sun Sentinel the company approached Herbst and asked whether he was interested in the job. Why Herbst? Tate initially declined to say. 'We hired him as a consultant to help with accounting for a company,' Tate told the Sun Sentinel on Feb. 11. 'Nothing to do with Bahia Mar or our real estate company. It's an apparel company in New York.' The name of the New York-based company is TKO-Evolution Apparel Inc. The company's website lists Kenneth and Jimmy Tate as co-founders. When the Sun Sentinel inquired on Tuesday about the timing of the job offer, Tate said Herbst was approached about the job late last year. '(It was) around Thanksgiving because that was when the current CFO informed the company he wanted to cut back on his hours and work toward his retirement,' Tate said. 'He is over 80 years old.' Tate said he was not the one who approached Herbst about the job, but his brother, Kenneth Tate. 'He called John late last year since he knew John was a CPA and incredibly smart in the area of accounting to see if he would mind helping out an apparel company on a part-time basis,' Tate said. 'I believe Kenny spoke to other CPAs as well but none were interested on a part-time basis.' Susannah Bryan can be reached at sbryan@ Follow me on X @Susannah_Bryan
