Jumeirah Group has announced the first deal for its new contemporary lifestyle hotel brand, Venu, following the signing of a management agreement with Meraas Holding. The Jumeirah Group will operate the Venu Bluewaters Island Hotel together with adjoining serviced residences, which will be operated under the Venu Living brand. The Venu properties are expected to open in 2017 and will offer close to 300 hotel rooms and 119 serviced apartments.
Shortly after announcing its new contemporary lifestyle hotel brand VENU at the Arabian Hotel Investment Conference in April 2010, Jumeirah Group, the Dubai-based luxury hospitality company and member of Dubai Holding, has signed an agreement with Shanghai Zendai Himalayas Real Estate Co. Ltd to manage VENU HIMALAYAS Hotel Shanghai. The new contemporary lifestyle hotel in the heart of Pudong district of Shanghai is scheduled to open in 2011.