At least six of them open within the next five years. The hotels will be sited in London, Paris, New York, Tokyo, Shanghai, Milan and Dubai.
Emaar will build and manage the hotels, while Armani will oversee the interior decoration, design and style.An Armani management company is also to be set-up as part of the agreement.
Georgio Armani said: 'We have been exploring the idea of bringing the Armani philosophy of design and style to hotels for many years.'