QATAR: M3 to develop Pearl yacht club

Corinthia Hotels and United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl and Gewan Islands, have signed a strategic collaboration agreement with Monaco Marina Management (M3) and the Yacht Club de Monaco to develop yachting at its yacht club on The Pearl. The new club will further enhance The Pearl Island’s position as an international maritime and yachting destination.

The agreement was signed by Simon Naudi, CEO of Corinthia Hotels and Ibrahim Jassim Al-Othman, UDC president, CEO and member of the board, in addition to Bernard d’Alessandri, general secretary of Yacht Club de Monaco and José Marco Casellini, CEO of Monaco Marina Management.
Under the agreement, M3 will support Corinthia Group and UDC in promoting and developing sailing and yachting experiences and services at Corinthia Yacht Club. The collaboration will also assist them in the process of obtaining ‘La Belle Classe Destinations’; a prestigious Yacht Club de Monaco label that sets a standard of excellence for facilities, services and safety across superyacht marinas.
Simon Naudi commented: “We are thrilled to collaborate with world leaders the Yacht Club de Monaco and M3. Our ambition is to transform Corinthia Yacht Club on The Pearl into a renowned yachting destination and to create a thriving hub for the local community. Together with our partners UDC, we are committed to ensuring that the club becomes an internationally recognised centre of sporting and social excellence for members who enjoy a combination of competitive and informal sailing.”
José Marco Casellini added: “We are very pleased to support Corinthia Hotels in its desire to open up to yachting by putting at their service the expertise and know-how of our experts in the establishment of new facilities in Doha.”
Corinthia Yacht Club is currently under construction in the heart of Porto Arabia Marina. The project spans an area of 2,232m² (24,030ft²) and will feature a state-of-the-art design and have stunning views. Many facilities are to be offered, including fine dining restaurants, outdoor seating, a cigar lounge and several meeting rooms.