Jumeirah Group inks agreement to manage luxury Panama hotel

Dubai: Jumeirah Group, the Dubai-based luxury hospitality company and a member of Dubai Holding, has been appointed by Grupo Mall, developer of residential and mixed-use projects throughout Spain and Mexico, to manage a luxury hotel in Panama City.

The management agreement was signed by Julio Noval-García, President of Grupo Mall and Gerald Lawless, Executive Chairman of Jumeirah Group at a private signing ceremony held at Burj Al Arab, Dubai.

Designed by architectural firm Chapman Taylor and Humberto Echeverria and Associates, Los Faros de Panama complex will ultimately consist of three towers.

The central tower will be 361 metres tall and consist of 85 floors (Phase 1), making it one of the tallest towers in Latin America. The two lateral towers (Phase 2) will reach 266 metres in height with 75 floors.

Grupo Mall is a Spanish real estate company with a history spanning more than 50 years, which distinguishes itself for undertaking unique real estate developments and unique projects, thereby carving a niche for itself.

These include Campeche Marine Beach Golf & SPA Resort, in the Mexican state of Campeche, and Los Faros de Panama, in Panama.

As part of its strategic expansion plan, Grupo will continue to open offices around the world in the following years.

In addition to luxury residences and Class A office space, the main tower will include Jumeirah Los Faros de Panama, comprising 400 luxurious hotel rooms and suites, Jumeirah's signature Talise spa, fitness and leisure amenities, and 3,000 square metres of conference and meeting facilities.

Guests, residents and visitors to the tower will also have access to exclusive restaurants, lounges and retail outlets..

Jumeirah Hotels & Resorts operates the Burj Al Arab, Jumeirah Beach Hotel, Jumeirah Emirates Towers, Madinat Jumeirah and Jumeirah Bab Al Shams Desert Resort & Spa in Dubai, the Jumeirah Carlton Tower and Jumeirah Lowndes Hotel in London and the Jumeirah Essex House in New York.