Depa signs deals worth $39 million for leading Dubai hotels
LEADING interior contracting company Depa has signed new interior fit-out contracts in Dubai, UAE, totalling Dh144 million ($39.1 million) with the Emerald Palace Kempinski Hotel, Palm Jumeirah, and the Novotel World Trade Centre.
The Emerald Palace Kempinski Hotel occupies a 100,000-sq-m plot of land on the Palm Jumeirah comprising 345 luxury rooms of a median size of over 100 sq m, of which 36 are spacious suites, surrounded by gardens and views of a lagoon.
The private spaces, featuring golden and silver themes, are furnished with bespoke, handcrafted pieces courtesy of traditional Italian furniture craftsman Francesco Molon.
The hotel also boasts elegant event spaces, 18 food and beverage outlets, luxury pool and spa facilities as well as a cinema and 3,000 sq m of boutique and business and conferencing facilities.
The fit-out contract will include the engineering, manufacturing, delivery and installation for all guest rooms and public areas, including the business centre, ballrooms, lounge and all-day dining spaces. The works will start immediately and the project is expected to be completed by late next year.
Nadim Akhras, interim group CEO, Depa, says: “Depa is pleased to see the return of hospitality sector contracts and is excited to be involved with two leading brands. The fit-out work is already under way for the Novotel Hotel and we will begin shortly on the Kempinski.
“The new investment upswing in Dubai’s hospitality sector is broad-based, with activity rising across small- and large-scale projects. The contracting cycle has started to reach the interior fit-out phase and we are also witnessing numerous hotels wanting to refurbish.”
Meanwhile, the Novotel work includes the refurbishment, fit-out, furniture and equipment of 412 guest rooms, lift areas, lobbies and corridors of the 13- floor building. The project is due for completion by January next year.
“We are executing on our plan to rebuild our backlog with preferred projects and continue to strengthen our position to push on into Q4 2014 and carry the momentum that has seen us sign significant new contracts in our key markets over the last few months,” says Akhras.
Depa, one of the world’s largest interior contractors offering high-end interior décor services and turnkey solutions, specialises in the full-scope turnkey fit-out and furnishing of five-star luxury hotels, yachts, apartments, and other fine private and public facilities in Dubai and around the world. The company has steadily grown and expanded throughout Europe, Africa, Asia, and the Middle East. Over the years, it has managed to build up an association with international suppliers and manufacturers, in addition to utilising its own in-house Depa manufacturing facilities.
Headquartered in Dubai, its expansive network allows the company to leverage the knowledge, organisational ability, purchasing power, facilities, and economies of scale it provides in order to meet the individual needs and unique requirements of its clients worldwide.
“Tight adherence to our clients’ needs is essential to our business,” says a company spokesman. “Our long-term relationships with our suppliers allow us to ensure punctual delivery within budget. We provide our clients with creative and achievable design solutions of the highest standard, which can stand alone or be integrated. Our philosophy – to deliver excellence to our clients in a cost-effective and timely manner – has made us the largest and most profitable interior contractor and specialist fit-out company in the Middle East and North Africa region, and in the top five in the world.”
The company’s Asia-based subsidiary, Design Studio Group, has also signed a Dh220-million ($59.9 million) retrofit contract for serviced apartments, while Vedder, its Europe-based yacht interior contracting specialist signed a Dh84 million ($22.9 million) contract for the fit-out of a luxury yacht.
Depa has been involved in numerous projects worldwide, right from airports and metros to luxury hotels and corporate offices. Apart from interior décor, the group is also involved in manufacturing (joinery, metal works and marble) and procurement.