By  on January 5, 2010

MILAN — Despite Dubai’s recent financial woes and estimated debts of $80 million, the Burj Khalifa tower, widely advertised as the world’s tallest building,opened on Monday. Giorgio Armani SpA said the company’s first hotel, which will be located in the tower, will be officially unveiled in Dubai on March 18, marking the designer’s hotellerie debut in collaboration with real estate firm Emaar Properties PJSC.

This story first appeared in the January 5, 2010 issue of WWD. Subscribe Today.

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