The world leader in luxury tourism, Eagle Hills, in partnership with COIMA SGR, is launching an ambitious project to restore the legendary Grand Hôtel des Bains on the Lido in Venice. This move symbolizes the fusion of history, luxury, and modern excellence, representing a new step in Eagle Hills’ expansion into the European market.

Eagle Hills, led by Mohamed Alabbar, the founder and visionary behind one of the world’s largest development and investment brands – Emaar Properties – has been shaping the global luxury landscape for decades. Their mission is clear: preserving cultural heritage, creating iconic destinations, and raising the standards of luxury tourism on a global scale.

The Return of a Belle Époque Symbol

Grand Hôtel des Bains opened in 1900 and soon became a synonym for European luxury. During his stay in 1911, Thomas Mann was inspired by the hotel to write his famous novella Death in Venice. Over the decades, the hotel became home to aristocrats, artists, and film stars, especially during the Venice Film Festival.

After more than 15 years of closure, the hotel is now undergoing a complete renovation. The plan is to preserve its historical elegance and architectural details, while modern luxury amenities, spa centers, fine dining, and exclusive suites will offer visitors a completely new experience.

Mohamed Alabbar: A Visionary of Luxury Tourism

At the helm of Eagle Hills is Mohamed Alabbar, one of the most influential investors and visionaries in the global luxury real estate industry. Alabbar is the founder of Emaar Properties, the company globally renowned for creating some of the most recognizable landmarks of modern architecture, including the Burj Khalifa, Dubai Mall, and luxury hotel and residential complexes in more than 15 countries.

His philosophy is simple but powerful: “Luxury must have a soul, and tradition and modernity must exist in harmony.”

Under his leadership, Alabbar has invested in numerous prestigious projects in Europe, Asia, Africa, and the Middle East. From Belgrade Waterfront, which transformed the Serbian capital into a modern urban hub, to exclusive residences in Abu Dhabi, Cairo, Bahrain, and Ethiopia – each project carries his signature of elegance, innovation, and respect for local identity.

“This is not just a hotel restoration, but the revival of European heritage through modern excellence. Venice has always been a bridge between worlds – between art, trade, and culture. We are proud to be part of its future,” said Mohamed Alabbar.

Eagle Hills – A Global Luxury Lifestyle Brand

Headquartered in Abu Dhabi, Eagle Hills is a private investment company specializing in the development of exclusive real estate and hotel brands worldwide. Its portfolio includes more than 90 prestigious projects across Europe, the Middle East, Africa, and the Adriatic, as well as a network of 35 luxury hotels in elite destinations.

Their work is recognized through projects such as:

• The Bristol Hotel, Belgrade – a restored architectural icon within the Belgrade Waterfront project.

• Marassi Al Bahrain and La Gare, Addis Ababa – symbols of modern luxury and sustainable development.

• Eagle Hills Oman – a project that blends Arab tradition with a modern lifestyle.

Through all its projects, Eagle Hills remains focused on sustainable luxury, the restoration of cultural heritage, and the creation of destinations that inspire local communities while attracting the global elite.

Investing in the Future of Venice

The COIMA Des Bains Fund will take over the previous owner’s debt and plans to invest around €200 million in the complete restoration and modernization of the hotel. The project includes upgrading the park, public spaces, and the beach, creating a modern luxury oasis in the heart of Venice.

The project is also a sign of confidence in Italy as a global luxury destination, with an additional contribution to tourism and the community through urban regeneration and public space improvements.

Venice as the Epicenter of Luxury Tourism

This investment confirms Venice as a destination that blends history, culture, and world-class luxury. Eagle Hills and Mohamed Alabbar bring their experience, vision, and global renown to create a destination that will attract luxury enthusiasts from around the world.

Grand Hôtel des Bains is not just a hotel – it is a symbol of elegance, art, and European luxury, ready to inspire new generations and further elevate Venice on the global luxury tourism map.

Eagle Hills, as the owner of the island, is a partner in the project. It brings to it 30 years of Alabbar’s experience in reviving iconic landmarks and unique lifestyle destinations.

“Abu Dhabi has always been a symbol of vision and grace. This partnership with Bvlgari confirms our commitment to making the Emirates the epicenter of luxury living, where exceptional design, exclusivity, and the Arab spirit meet,” said Mohamed Alabbar.

Source: Standard

Photo: Wikipedia