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Linx : One&Only to open first urban resort in Dubai

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04/18/2018 | 04:39pm CEST

Kerzner International Holdings, a global hotel owner and operator, has announced the expansion of its One&Only portfolio with the launch of its first new urban resort set to open in Dubai's mixed-use development One Za'abeel.

One&Only One Za'abeel, the ultra-luxury resort, in heart of Dubai, is expected to open in 2020.

Developed by Ithra Dubai, a fully owned subsidiary of Investment Corporation of Dubai, One Za'abeel is a two-tower, high-rise mixed-use development that incorporates One&Only One Za'abeel, luxury residences, serviced apartments, and office spaces, in addition to The Gallery, an opulent retail podium, and a panoramic sky concourse, and The Linx, the world's largest cantilever - located 100 metres above the ground - connects the two towers of One Za'abeel.

"There is a duality to One Za'abeel, reflected in its two towers, that evokes pairings. Timeless elegance with function, efficiency with leisure, tradition with modernity, inclusion and privacy," said Mohammed I. Al Shaibani, chairman of Kerzner International, executive director and CEO of Investment Corporation of Dubai. "The paired concepts come together where The Linx traverses the towers offering all those who get in touch with One Za'abeel one complete, bespoke, and very individual experience every time. That is why, it is very fitting," he added, "that the first urban resort for One&Only opens in this development of the future."

"One Za'abeel will continue to develop Dubai in the global arena. Much more than a building, we are shaping communities to thrive and prosper. We are ultimately transforming the legacies of our past into landmarks of the future," said Issam Galadari, CEO and director of Ithra Dubai. "As the global benchmark of ultra-luxury, it makes sense for One&Only to operate the resort experience at One Za'abeel."

Suites can be specially customised to suit the guests' every need, being transformed into everything from a children's playroom, walk-in closets to an art studio. And specially designed suites for children will also be an option as families will also be taken care of at all One&Only Urban Resorts.

All accommodation at One&Only One Za'abeel will be an escape to a private sanctuary offering a choice of ultra-luxury rooms and suites, or for those looking to stay a bit longer, exclusive serviced apartments; intuitive in design, whether it be for business or pleasure.

Denniston International will be designing the interiors of One&Only One Za'abeel, ensuring the celebration of the One&Only lifestyle.

For the loyalist who returns to the city time and time again, there will be the option to keep belongings in the resort until their next stay.

Introducing the new heartbeat of Dubai, restaurants will be buzzing--from power breakfasts to late dinners under the twinkling city lights, to Club One, soaring over 50 storeys in the air. Not to be missed by any resident or guest is The Linx at One Za'abeel, a panoramic sky concourse that connects the two towers of One Za'abeel.

A statement swimming pool will be on the top of The Linx offering incredible 360 views of Dubai whilst a spa that never sleeps will provide an escape for rejoice or respite. Innovative technology is simple whilst fitness is challenging--the latest offerings in both. Business can be done in modern and inspired settings, from private offices to executive boardrooms and event spaces, all with One&Only's genuine, authentic service.

"Our ambition is to become part of the soul of any city we enter," says Michael P. Wale, chief executive officer, Kerzner International. "We are thrilled to be introducing One&Only to the urban space, providing something completely different for our discerning guests, delivered with our renowned personalized experience." - TradeArabia News Service

آ© Copyright 2014 www.tradearabia.com

(c) 2018 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( BRL)
Sales 2018 653 M
EBIT 2018 104 M
Net income 2018 126 M
Finance 2018 497 M
Yield 2018 1,59%
P/E ratio 2018 30,44
P/E ratio 2019 27,98
EV / Sales 2018 4,78x
EV / Sales 2019 4,26x
Capitalization 3 621 M
Duration : Period :
Linx SA Technical Analysis Chart | LINX3 | BRLINXACNOR0 | 4-Traders
Technical analysis trends LINX SA
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 23,0  BRL
Spread / Average Target 6,0%
EPS Revisions
Alberto Menache Chief Executive Officer & Director
Nércio José Monteiro Fernandes Chairman
Jean Carlo Klaumann Vice President-Operations
Dennis Herszkowicz Chief Financial Officer
Gilsinei Valcir Hansen VP-Research & Development
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