Jumeirah Group Appoints VP of Developement

Peter Zenneck Joins Jumeirah Group as VP of Development for Europe and North Africa, Based in London

. October 14, 2008

DUBAI, UAE, August 7, 2006. Jumeirah Group, the dynamic and fast growing Dubai based luxury hospitality group and member of Dubai Holding, has recently announced the appointment of Mr. Peter Zenneck in the newly created position of vice president development for Europe and North Africa.

Peter, who is American, will be based in Jumeirah's London office and will focus primarily on hotel acquisitions and management contracts in Europe and North Africa. In his new role, Peter will drive Jumeirah's ambitious development plans to growing its portfolio to 40 luxury hotels and resorts in cities and resort locations worldwide.

With a strategic global focus on aggressively entering new markets over the coming months and years, Jumeirah Group will continue to follow its core operating philosophy. The commitment to 'Stay Different' - the company's tagline - and the drive for quality in all of its activities are reflected in the number of prestigious travel and tourism awards that the Group has won.

Peter joins Jumeirah Group with over twenty years of international hospitality and real estate experience having worked in Europe, Asia and the United States. Prior to joining Jumeirah Group, Peter spent the last three years advising Leading Hotel Fund Advisors and its partner, Trinity Hotel Investors on European hotel investments. Before that, he worked with Meridien Hotels and Resorts as worldwide director of development and as vice president development Asia/Pacific. Peter holds a BS in Hotel Administration from Cornell University and a MBA from the American Graduate School of International Management (Thunderbird).

Paul Macpherson, chief development officer of Jumeirah said, "Peter brings with him a wealth of real estate acquisition and development experience. He is a great addition to the team and underlines our commitment to growth in the European and North African market."

Peter Zenneck commented, "Operating a European regional development office in direct proximity to the key luxury markets Jumeirah Group is pursuing will allow us to expand most effectively. I am impressed with the Group's vision and commitment to quality and feel privileged to be part of the team."

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