Luxury hotelier Jumeirah Group, owned by the ruler of Dubai, is looking at doubling its properties under management globally by early 2012 and tapping into growing tourism demand, its executive chairman said on Monday.
"We will open in Kuwait, Majorca, and Azerbaijan. We will almost double the number of hotels under management for Jumeirah in a 14 month period," Gerald Lawless told the Middle East Investment Summit held at Reuters' offices in Dubai.
"We have a few other potential projects "bubbling"... Some of them are in Europe," he said, adding the Jumeirah Group would count 20 hotels by the end of the first quarter 2012.
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