Latest news with #SofitelDubai
Tourism Breaking News
08-07-2025
- Tourism Breaking News
Escape the Routine: Sofitel JBR's Family-Friendly Summer Staycation
Post Views: 534 This summer, Sofitel Dubai Jumeirah Beach invites UAE residents to escape the ordinary and enjoy a well-deserved School Break Staycation with the Kids, available from June 30 to September 30, 2025, with rates starting from AED 450 per night. The package includes AED 200 in F&B credit to enjoy the hotel's renowned dining experiences. With direct access to Dubai's most exciting beachside destination, families can soak up the sun by the infinity pool, stroll along The Walk's vibrant promenade, and spend quality time together in one of the city's most scenic coastal spots. As closer-to-home escapes grow increasingly popular, this limited-time offer gives UAE residents the ideal opportunity to relax, recharge, and reconnect — all within a refined, resort-style setting in the heart of Dubai Marina. 'As a family-first destination, we understand the importance of creating moments that matter,' said Gopi Joghee, General Manager of Sofitel Dubai Jumeirah Beach. 'Our summer staycation offer combines panoramic views, generous dining credit, and a warm welcome for UAE residents looking to relax and reconnect.' Whether it's a weekend getaway or a mid-week breather, Sofitel Dubai Jumeirah Beach promises a staycation that feels like a true escape — just minutes from home. Reservations & Information: For reservations call: +971 4 448 4848 Email: H6146-RE3@ Visit:
Yahoo
05-07-2025
- Business
- Yahoo
Brookfield Targets $545M Dubai Hotel in Bold New Bet on Booming Gulf Real Estate
Brookfield Asset Management (NYSE:BAM) is circling one of Dubai's prime hospitality assets. According to sources familiar with the matter, the firm is in talks to acquire Sofitel Dubai The Palm in a deal that could value the beachfront hotel at roughly 2 billion dirhams ($545 million). While no deal has been finalized, and discussions remain ongoing, the potential acquisition would mark Brookfield's first foray into Dubai's hotel sectora move that adds another layer to its expanding real estate footprint in the region. Warning! GuruFocus has detected 3 Warning Sign with BAM. This isn't Brookfield's first bet on the Middle East, but it may turn out to be one of its boldest. In May, the firm launched a $1 billion residential joint venture with Abu Dhabi's Lunate. It's also backing a redevelopment of a popular Dubai seafront district through its Merex Investment platform and is weighing a mixed-use project in Dubai Hills. These moves highlight Brookfield's growing conviction in the region's long-term upsideespecially in property markets benefiting from global capital rotation and local economic resilience. Hospitality, in particular, has emerged as a magnet for institutional buyers. Between January and May 2025, Dubai's average hotel occupancy hit 83%, up from 81% a year earlier. Over the past 30 months, more than 15 hotel assets have changed handsmore than in the entire previous decade, according to Knight Frank. Recent headline deals include Arzan Financial Group's $325 million purchase of the Fairmont Palm Dubai and its acquisition of VOCO Bonnington. If Brookfield moves forward, it could be the next major player joining this fast-moving property wave. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-07-2025
- Business
- Yahoo
Brookfield Targets $545M Dubai Hotel in Bold New Bet on Booming Gulf Real Estate
Brookfield Asset Management (NYSE:BAM) is circling one of Dubai's prime hospitality assets. According to sources familiar with the matter, the firm is in talks to acquire Sofitel Dubai The Palm in a deal that could value the beachfront hotel at roughly 2 billion dirhams ($545 million). While no deal has been finalized, and discussions remain ongoing, the potential acquisition would mark Brookfield's first foray into Dubai's hotel sectora move that adds another layer to its expanding real estate footprint in the region. Warning! GuruFocus has detected 3 Warning Sign with BAM. This isn't Brookfield's first bet on the Middle East, but it may turn out to be one of its boldest. In May, the firm launched a $1 billion residential joint venture with Abu Dhabi's Lunate. It's also backing a redevelopment of a popular Dubai seafront district through its Merex Investment platform and is weighing a mixed-use project in Dubai Hills. These moves highlight Brookfield's growing conviction in the region's long-term upsideespecially in property markets benefiting from global capital rotation and local economic resilience. Hospitality, in particular, has emerged as a magnet for institutional buyers. Between January and May 2025, Dubai's average hotel occupancy hit 83%, up from 81% a year earlier. Over the past 30 months, more than 15 hotel assets have changed handsmore than in the entire previous decade, according to Knight Frank. Recent headline deals include Arzan Financial Group's $325 million purchase of the Fairmont Palm Dubai and its acquisition of VOCO Bonnington. If Brookfield moves forward, it could be the next major player joining this fast-moving property wave. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
04-07-2025
- Business
- Bloomberg
Brookfield Explores Buying Luxury Hotel on Dubai's Palm Jumeirah
By and Nicolas Parasie Save Brookfield Asset Management Ltd. is exploring a deal to buy a luxury hotel on Dubai's Palm Jumeirah, according to people familiar with the matter. The investment firm is in talks to purchase Sofitel Dubai The Palm in a transaction that could value the property at about 2 billion dirhams ($545 million), the people said, requesting anonymity as the information is private. If completed, the acquisition will mark Brookfield's first hotel investment in Dubai.
Web Release
27-06-2025
- Business
- Web Release
#SummerStayCay: Your Elevated Summer Escape Awaits at Sofitel Dubai The Obelisk
This summer, indulgence ascends to new heights at Sofitel Dubai The Obelisk, where French finesse and Egyptian grandeur blend seamlessly—and now, your stay comes with an exclusive invitation. Until 30 September 2025, guests can elevate their experience with complimentary access to Club Millésime, the highest and most refined executive lounge in the Sofitel collection. Perched high above Dubai's dynamic skyline on 51st floor, Club Millésime is more than a lounge—it's a sanctuary of quiet luxury, tailor-made for the cosmopolitan traveler. From the moment you arrive, enjoy private check-in and a suite of bespoke privileges designed to pamper and impress. Begin your mornings with a gourmet breakfast in the serene surrounds of the lounge, pause mid-day with Le Goûter, a delicate French-inspired afternoon tea served from 2pm to 4pm, and as the sun sets, indulge in L'Apéro Chic—an elegant hour of cocktails and curated canapés between 5pm and 7pm. Suite guests are treated to dedicated butler service, while all Club Millésime guests enjoy a level of personalized attention that turns every stay into a tailored affair. Whether you're visiting for business, leisure, or a romantic escape, this exclusive experience elevates every detail. Book your summer escape by 30 September 2025 and discover the elevated living experience at Sofitel Dubai The Obelisk's Club Millésime, where refined rituals meet exceptional views and impeccable service. For reservations: +971 3249999, [email protected]
