The well known Luxury hotelier, Elisabetta Gucci, has just unveiled a global expansion program. This program will include the opening of 40 new lifestyle hotels across the globe over the next 15 years. It will be kicked off with the opening of its first property in Dubai by the end of 2010.

The company went on to say that the construction of its flagship 87 room luxury boutique hotel in Dubai is complete. Thus, the firm is eying a second hotel in China for next year.

Lorens Ziller, who is Partner over at Elisbetta Gucci Hotels and Resorts, said that they intend to develop other hotels. They want to set their focus on Russia, China, Africa, the Far east and South America. In Terms of South America, they would really like to focus on Brazil. He added that they would like to have 40 hotels in 15 years, but thinks this can be over achieved.

Dubai, which suffered the sharpest drop in hotel revenues regionally in 2009, is seeing signs of recovery. Tourism in this area is starting to emerge from the impact of the global financial crisis.

Mr Ziller said that if they had a 300 room hotel, they would be seriously concerned. Even in the downturn there’s great potential for boutique hotels in Dubai. Generally the estimated cost of a luxury hotel comes to about $12.7 million.

A night at the Elisabetta Gucci Hotel Dubai will cost about $408.5 to $6,808. Guests will have the option to buy anything in the hotel from furniture and bed linens to slippers.