Paramount to launch a hotel and serviced apartment project in Dubai

Paramount is teaming up with Damac Properties to launch a hotel and serviced apartment project in downtown Dubai.

The $1bn four-tower project, The Damac Towers by Paramount, will comprise a 540-room Paramount Hotel & Residences and more than 1,400 units of Damac Maison Paramount co-branded serviced hotel residences.

The 250-metre high towers, which will be connected by a multi-level plaza, represent Paramount’s first venture into the hotel and real estate industry. Features will include themed F&B concepts, meeting facilities, a screening room, fitness centres, swimming pools, kids club, retail, and merchandise all featuring the Paramount brand or select partner brands.

One tower will comprise of the Paramount Hotel & Residences with the remaining three towers, housing the Damac Maison - Paramount co-branded serviced hotel residences.

Source: Breaking Travel News