Palazzo Versace is a luxurious hotel located in the heart of Dubai. The hotel is known for its exquisite architecture, designer interiors, and top-notch services.
However, many people wonder who owns this magnificent property. In this article, we will explore the ownership of Palazzo Versace Dubai.
History of Palazzo Versace Dubai
Palazzo Versace was launched in 2000 by the Italian fashion designer Gianni Versace. The hotel was inaugurated in Australia’s Gold Coast and was an instant success. Later in 2014, the Palazzo Versace brand expanded to Dubai, where it quickly became one of the most luxurious hotels in the city.
The Owners
Palazzo Versace Dubai is owned by Enshaa Group, an investment company based in Dubai. The company is known for its investments in real estate, hospitality, and retail sectors. Enshaa Group owns several other high-end properties like Al Manara Tower and Al Salam Tecom Tower.
The Management
The management of Palazzo Versace Dubai is handled by the Australian-based luxury hotel operator Sunland Group Limited. Sunland Group has a long-standing partnership with Gianni Versace SpA and has been managing all Palazzo Versace hotels worldwide since their launch.
Conclusion
In conclusion, Palazzo Versace Dubai is owned by Enshaa Group and managed by Sunland Group Limited. The luxurious hotel remains one of the most sought-after destinations for tourists visiting Dubai due to its grandeur and opulence. If you are planning a trip to Dubai soon and want to indulge yourself in luxury, then Palazzo Versace should definitely be on your list!