Dh800 million investment sealed for Badawi's Pirates Cove
A Dh800 million agreement was recently signed between Bawadi and Gantoot Star General Trading to develop Pirates Cove Hotel & Resorts development complex.
Pirates Cove Hotel & Resorts will be one of the 31 thematic hotels currently under development at the Bawadi project, according to Khaleej Times. The project will be a four star resort, comprised of 800 rooms and six restaurants. The financing agreement was signed by Arif Mubarak, Chief Executive Officer, Bawadi and Saqer Bin Daen, Chairman of Gantoot Star General Trading.
The financing agreement was signed by Arif Mubarak, Chief Executive Officer, Bawadi and Saqer Bin Daen, Chairman of Gantoot Star General Trading.
A host of unique entertainment, shopping and dining options will be offered the resort's visitors, including authentic and live pirate shows, antique exhibitions, jewelry displays and auctions that transport visitors to a time when "skull and cross-bone" black-flagged ships ruled the waves.
The landmark Bawadi project was established to help accommodate the dramatic increase in tourism to Dubai, which is set to reach more than 15 million visitors over the coming years, compared to the current six million tourists who visited the Emirate in 2005.
The Tatweer firm is currently developing numerous luxurious theme-based hotels such as the Pirate's Cove Hotels & Resorts, Desert Gate Hotels & Resorts, the Wahat Alkuttab Hotels, the Desert Beach Hotel & Resort, the Land of Arabia Hotels & Resorts, the Wild Wild West Hotels, the Africa World Hotels, and the Europa Hotels & Resorts.
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