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Mumbai, 31st August 2015: Taj Hotels Resorts and Palaces announces its exit from the Taj Palace Hotel, Dubai, located at Deira, owned by the Juma Al Majid Group after a 14-year partnership.

By virtue of a mutual agreement reached between the erstwhile partners, Taj Palace Hotel, Dubai, which has been successfully run by Taj Hotels Resorts and Palaces since 2001, will be handed back to the Juma Al Majid Group, on 31st August 2015.

Taj Hotels Resorts and Palaces has enjoyed an outstanding relationship and mutually rewarding partnership with the Juma Al Majid Group and expresses its gratitude for the unequivocal trust and unstinting co-operation extended by them during the tenure of operations. During the course of the partnership, the Juma Al Majid Group played an important and strategic role in the success of the hotel. Taj wishes the Juma Al Majid Group the best for their future endeavours.

With the recent opening of the 296-room luxury hotel, Taj Dubai, the Middle-East will continue to be of strategic importance to the group. Located in the prestigious Burj Khalifa downtown area, the hotel offers state-of-the-art rooms seamlessly blending contemporary elegance while paying homage to the local environment.

About Taj Hotels Resorts and Palaces

Established in 1901, Taj Hotels Resorts and Palaces is one of Asia's largest and finest group of hotels, comprising 96 hotels in 61 locations across the globe, including presence in India, North America, United Kingdom, Africa, Middle East, Malaysia, Sri Lanka, Maldives and Bhutan. From world-renowned landmarks to modern business hotels, idyllic beach resorts to authentic Grand Palaces, each Taj hotel offers an unrivalled fusion of warm Indian hospitality, world-class service and modern luxury.  For over a century, The Taj Mahal Palace, Mumbai, the iconic flagship has set a benchmark for fine living with exquisite refinement, inventiveness and warmth. Taj Hotels Resorts and Palaces is part of the Tata Group, India's premier business house.

Taj Hotels Resorts and Palaces:

Rakhee Lalvani | +91 22 61371909 | rakhee.lalvani@tajhotels.com