Jumeirah Adds Third Property in London

Jumeirah has signed on with the Beetham Organization to develop The Jumeirah Hotel at Beetham Tower joining the Jumeirah Carlton Tower and the Jumeirah Lowndes Hotel in London. The more than $1 billion project will include a 261-room luxury hotel in the lower half of the tower slated to open in 2011 as well as residential apartments. Beetham Tower will also have an observation deck 148 feet higher than the London Eye.