PARAMOUNT HOTELS & RESORTS™ UNVEILS DETAILS OF SIX OF ITS HOLLYWOOD INSPIRED LUXURY PROPERTIES
Senior Executives from Paramount Pictures in Hollywood tour the site of the group’s first hotel in the Burj Area
Arabian Travel Market (ATM) Dubai, May 6th, 2014: – PHR-FZ LLC, under license by Paramount Licensing Inc., is set to unveil the latest details of its six upcoming developments at this year’s Arabian Travel Market. Participating for its third consecutive year, Paramount Hotels & Resorts will showcase its extensive and well-awaited portfolio of hotels across the Middle East and Asia, designed to convey the elegance of Hollywood and lifestyle of California.
Mr. Mike Bartok, Executive Vice President Licensing at Paramount Pictures, tours the DAMAC Towers By Paramount Hotels & Resorts site with Mr. Ziad El Chaar, Managing Director of DAMAC Properties and Mr. Ghassan Aridi, Executive Chairman of PHR FZ-LLC.
Inspired by Hollywood’s finest, the group’s first property DAMAC Towers by Paramount Hotels & Resorts Dubai overlooks Burj Khalifa. Set to open in 2016, the property will feature the 771- room Paramount Hotel Dubai and three 350-key serviced residences towers.
Top Senior Executives from Hollywood’s Paramount Pictures have this week toured the site of the group’s signature property, where a touch of Hollywood’s glamour will be brought to Dubai. Mike Bartok, Executive Vice President Licensing at Paramount Pictures said: ”Everyone at the studio is excited to see the brand’s flagship location rising from the ground and we look forward to the coming months as the tower superstructures take shape. We could not be more pleased with the fact that our first units are under development with DAMAC Properties, which we know will deliver world-class properties and luxurious guest experiences.”
Working towards magically combining warm service, exquisite design and energizing concepts in each of their hotels, PHR-FZ LLC currently has six properties under development across the United Arab Emirates, the Kingdom of Saudi Arabia, China and Malaysia.
Scheduled to open in 2016, DAMAC Villas by Paramount Hotels & Resorts in Dubai will feature 163 villas designed by Paramount Hotels & Resorts and operated by DAMAC Maison.
Paramount Hotel Jumeirah Waterfront is located in Dubai Maritime City and will feature a 404-room hotel as well as five restaurants and lounges.
The 519-key, all-suite Paramount Resort Boao in China will open in 2017 and will be located adjacent to the resort’s Aquatic Park.
The DAMAC Tower by Paramount Hotels & Resorts Riyadh is the group’s first residential project and will feature 235 residences designed by Paramount Hotels & Resorts.
The latest addition to the group’s portfolio is the Paramount Resort Langkawi, a private island resort just off the coast of Langkawi, which will feature 214 rooms, suites and over-water villas. The group is expected to break ground on the site before the end of this year.
PHR_FZ LLC targeted locations include both capital/gateway cities and popular resort destinations. Individual properties will be designed to appeal to the business traveler, leisure traveler, or both, based on the dynamics of the local market.
About Paramount Hotels & Resorts (PHR-FZ LLC)
Paramount Hotels & Resorts plans to deliver the ultimate in star treatment for every guest, drawing on the 100-year history of Paramount, the authentic California lifestyle, and the glamour of Hollywood. Each property will be developed as a major production, featuring studio-inspired entertainment, sophisticated design, fine dining experiences, luxury shopping, spas and other world-class amenities.