{"id":11334,"date":"2016-04-25T19:47:00","date_gmt":"2016-04-25T12:47:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=11334"},"modified":"2016-04-25T18:00:25","modified_gmt":"2016-04-25T11:00:25","slug":"fire-hit-the-address-downtown-dubai-hotel-will-not-reopen-in-2016","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fire-hit-the-address-downtown-dubai-hotel-will-not-reopen-in-2016\/","title":{"rendered":"Fire-hit The Address Downtown Dubai hotel will not reopen in 2016"},"content":{"rendered":"


\nThe Address Downtown Dubai hotel, which was badly damaged by a fire on New Year’s Eve, will not reopen this year, an Emaar Hospitality Group executive said.Chris Newman, director of operations, told Reuters that there had been no negative impact on Emaar’s balance sheet from the hotel’s temporary closure.An electrical short circuit on a spotlight was the cause of the fire at the 63-storey tower, Dubai Police said in January. There were no fatalities.Emaar said just a few days after the blaze that it had hired Dubai-based Dutco Group as the contractor to undertake restoration work on the hotel “in record time”.Separately, Emaar said last week that it would be opening a new Address hotel in Dubai in the final quarter of 2016.The Address Boulevard will be housed on the lower floors of a new, 72-storey Downtown Dubai tower linked to The Dubai Mall.business@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Fire-hit The Address Downtown Dubai hotel will not reopen in 2016<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Address Downtown Dubai hotel, which was badly damaged by a fire on New Year’s...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-11334","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2WO","jetpack-related-posts":[{"id":43083,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-to-receive-dh1-22-billion-insurance-claim-on-address-downtown-hotel-fire\/","url_meta":{"origin":11334,"position":0},"title":"Emaar to receive Dh1.22 billion insurance claim on Address Downtown hotel fire","date":"February 6, 2017","format":false,"excerpt":"\r Dubai developer Emaar Properties has agreed a billion dirham insurance claim with Orient Insurance over the dramatic fire at its Address Downtown hotel on New Year's Eve 2015. In a statement to the Dubai bourse this morning Emaar confirmed that it had agreed the Dh1.22 billion insurance claim with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43027,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-agrees-to-dh1-22-billion-insurance-claim-on-address-downtown-hotel-fire\/","url_meta":{"origin":11334,"position":1},"title":"Emaar agrees to Dh1.22 billion insurance claim on Address Downtown hotel fire","date":"February 6, 2017","format":false,"excerpt":"\r Dubai developer Emaar Properties has confirmed that it has agreed a billion dirham insurance claim with Orient Insurance over the dramatic fire at its Address Downtown hotel on New Year's Eve 2015.In a statement to the Dubai bourse this morning Emaar confirmed that it had agreed a Dh1.22 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11104,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-to-open-new-address-hotel-in-downtown-dubai-this-year\/","url_meta":{"origin":11334,"position":2},"title":"Emaar to open new Address hotel in Downtown Dubai this year","date":"April 21, 2016","format":false,"excerpt":"\r Emaar Hospitality Group is set to open its first new Address \u00adhotel in six years in the final quarter of 2016.The Address Boulevard, which will be housed on the lower floors of a new, 72-storey Downtown Dubai tower linked to The Dubai Mall, is nearing completion.New general manager Pascal\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":505,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-emaar-says-no-material-impact-on-company-after-the-address-fire\/","url_meta":{"origin":11334,"position":3},"title":"Dubai developer Emaar says ‘no material impact’ on company after The Address fire","date":"January 3, 2016","format":false,"excerpt":"\r \r Emaar Properties said there would be \u2018no material impact\u2019 on the company following the fire at The Address Downtown in Dubai.The blaze, which happened on New Year\u2019s Eve just before the city\u2019s firework display, engulfed the 63-storey luxury hotel and residential tower. The flames In a statement to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":619,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-hotel-revenue-to-be-hit-after-dubai-fire-as-developer-appoints-contractor-to-restore-the-address\/","url_meta":{"origin":11334,"position":4},"title":"Emaar hotel revenue to be hit after Dubai fire as developer appoints contractor to restore The Address","date":"January 4, 2016","format":false,"excerpt":"\r \r Investors yesterday shrugged off worries over the long-term effect on Emaar Properties\u2019 outlook from the fire that broke out at its Address Downtown Dubai hotel on New Year\u2019s Eve. Emaar\u2019s share price pared losses in Dubai yesterday to end the session down 1.58 per cent, after slumping 4.4\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11340,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-to-open-35-new-hotels\/","url_meta":{"origin":11334,"position":5},"title":"Emaar to open 35 new hotels","date":"April 25, 2016","format":false,"excerpt":"\r Dubai's Emaar Hospitality Group expects to open 35 hotels and serviced residences within about five years as it expands at home and abroad. The new hotels will encompass its luxury Address Hotels and Resorts brand and the upscale Vida Hotels and Resorts as well as the midscale Rove Hotels.They\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11334"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=11334"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11334\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=11334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=11334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=11334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}