Business | Property
Meydan awards hotel management contract to Banyan Tree Holdings
Meydan, the multi-billion dirham mixed-use racing project, yesterday awarded a management contract to Southeast Asian hotel operator Banyan Tree Holdings to manage a hotel complex and an all-pool villa resort, a statement said.
Dubai: Meydan, the multi-billion dirham mixed-use racing project, yesterday awarded a management contract to Southeast Asian hotel operator Banyan Tree Holdings to manage a hotel complex and an all-pool villa resort, a statement said.
Offering easy access to Meydan Racecourse and Meydan Golf Course, guests at Banyan Tree Meydan will also enjoy the seclusion and privacy of a resort experience.
The first golf and equestrian resort in the Middle East, Banyan Tree Meydan will comprise about 60 pool villas, complete with resort facilities that include Banyan Tree's signature F&B facilities and the award-winning Banyan Tree Spa.
The hotel complex, The Meydan — also operated by Banyan Tree — will adjoin the grandstand, with all suites having a direct unobstructed view of the racetrack.
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Meydan chairman Saeed Al Tayer said: "Banyan Tree Meydan, with its signature pool villa resort, will provide a perfect refuge from the vibrant city, while The Meydan will be the world's first five-star racecourse grandstand hotel, which shows how this landmark horseracing city is pushing back the boundaries of normal convention.
Banyan Tree executive chairman Ho Kwon Ping said: "Dubai has always been an important cornerstone in our expansion strategy in the Middle East. Despite this, we have been deliberate and patient in the selection of the right opportunity and partner to collaborate with in order to ensure that the end product would be truly special. We believe we have achieved this with Banyan Tree Meydan."
Meydan Racecourse and Meydan City are being designed by leading Malay-sian firm Teo A Khing (TAK) Design Consultants.
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