Caesars Palace Dubai is set to close down and be replaced by a new Banyan Tree hotel in the city.
Ennismore and Banyan Tree Group have inked a landmark deal with Dubai Holding to introduce a new hotel in the emirate.
The multi-staged project on Bluewaters will welcome new brands to Dubai, starting with the opening of Banyan Tree Dubai in November 2023.
Caesars Palace Dubai closing
Sébastien Bazin, Chairman and Chief Executive Officer Accor, signed the agreement with Amit Kaushal, Group Chief Executive Officer of Dubai Holding.
Banyan Tree Dubai will replace the existing Caesars Palace and undergo a major refurbishment.
The repositioned resort will feature 179 rooms, including 30 suites and a brand-new four-bedroom villa with its own private entrance, pool and beach.
The new resort will include a Banyan Tree Spa featuring its own reception, relaxation area, gym, indoor and outdoor yoga spaces, dedicated F&B space, private mini rainforests, hydrotherapy pools and treatment rooms.
The resort will have five restaurants and bars and also include 96 private residences comprising one-, two-, three- and four-bedroom units with a dedicated lobby, outdoor swimming pool and access to the hotel’s facilities.
As part of a long-term strategic partnership agreement between Accor and Banyan Tree Group signed in 2016, the new hotel will be co-operated by Banyan Tree Group and Ennismore, following a similar operational model applied in Banyan Tree La Cigale Doha, Qatar and Banyan Tree AlUla, Saudi Arabia.
Sébastien Bazin, Chairman and Chief Executive Officer Accor, said: “We are thrilled to be at the beginning of a promising development partnership between Accor and Dubai Holding, and the announcement of the opening of a stunning Banyan Tree Dubai on Bluewaters is the first of many projects involving our brands in the pipeline to further develop and grow our presence in Dubai and globally.”
The resort sits at the heart of Bluewaters Dubai.
Amit Kaushal, Group Chief Executive Officer, Dubai Holding, said: “Bluewaters has always been a destination for major projects that redefine luxury and cement Dubai as a global beacon of the tourism industry.
“Our collaboration with market leaders like Accor, Ennismore and Banyan Tree Group marks an important milestone in our ongoing journey of elevating the rich hospitality landscape in Dubai.
“The breadth and excellence of hospitality experiences in the Emirate is an inspiration for the industry worldwide, and we are confident that the relaunch of this unique resort will enrich that even further. In line with our vision of operating For the Good of Tomorrow, we will continue to unlock opportunities that strengthen the position of Dubai as a leader in the global hospitality sector and a major tourism hub.”