Jumeirah Group has expanded its presence in Europe with the acquisition of luxury property Le Richemond.

The Art Deco property was founded in 1875 and is located on the banks of Lake Geneva in a prime location at the heart of the city’s business district and a short walk from the city’s luxury designer boutiques.

The hotel features 109 rooms and suites, with stunning views across Lac Léman and the mountain peaks of Mont Blanc. The property will undergo extensive renovations, which will commence as soon as possible, to reposition and elevate the guest experience to a level consistent with Jumeirah’s brand expectations.

Jumeirah plans to introduce its signature wellness and fitness concepts and will also focus on bringing its culinary expertise to the banks of Lake Geneva with the introduction of unique destination dining concepts.

The acquisition, which represents Jumeirah’s first property in Switzerland, forms part of the Group’s strategy to build its brand profile in gateway destinations and become one of the world’s top five luxury hotel brands.

Jumeirah’s new property in Geneva is its fifth in Europe, joining The Carlton Tower Jumeirah, and Jumeirah Lowndes Hotel in London, UK; Capri Palace Jumeirah on the island of Capri, Italy; and Jumeirah Port Soller Hotel & Spa in Mallorca, Spain.