Nakheel Hotels named Middle East's Leading Overseas Development Company at World Travel Awards

Notes and media contacts

About Nakheel
Nakheel is one of the world's largest privately held real estate developers, and a key player in realising the vision of Dubai for the 21st century: creating a world class destination for living, business and tourism.

Nakheel is developing an iconic portfolio of innovative landmark projects in Dubai, and now in key markets around the globe, across a range of sectors - residential, commercial, hotels, retail, and leisure. Nakheel's projects are conservatively estimated to be worth US$80 billion. Upon completion Nakheel's waterfront projects will have added more than 1,000km of shoreline to Dubai's coastline.

Nakheel's Dubai portfolio currently includes Nakheel Harbour & Tower, Palm Jumeirah, Palm Jebel Ali, Palm Deira, The World, Waterfront, The Universe, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Ibn Battuta Mall, Al Furjan, International City, and Dragon Mart.

Nakheel is a key entity within Dubai World. Dubai World is one of the world's largest holding companies and supervises a portfolio of businesses and projects for the Dubai government across five continents and more than 100 countries.

About Nakheel Hotels
Within three years Nakheel Hotels has accumulated an impressive global hotel property portfolio valued at over USD$4 billion which includes; the W Hotel Union Square and the Mandarin Oriental hotels in New York City; W Hotel Washington in Washington DC; the One & Only Resort in Los Cabos, Mexico; the Fontainebleau, Miami Beach; Corinthia Metropole, London; and significant equity stakes in Kerzner International Holdings Limited, operator of the Atlantis and One&Only brands; and International Hotel Investments plc, the owner and operator of the five-star Corinthia Hotel brand including hotels in Malta, St Petersburg, Lisbon, Tripoli, Budapest and Prague; and the franchise for easyHotels in the Middle East, Levant, North Africa

Additional investments of Nakheel Hotels include the development of W Bangkok and W Retreat and Residences Koh Samui, Thailand; investment in a fund that will be rolling out 30 Tune Hotels in South East Asia; a 33% stake in the London Metropole Building which will be converted to a Corinthia Hotel in partnership with IHI; and QE2 Enterprises including the QE2.