Nakheel plans 80 hotels in Mena region
United Arab Emirates: Wednesday, May 07 - 2008 at 07:35
Nakheel Hotels, the hospitality arm of property developer Nakheel, plans to have more than 80 hotels in its portfolio in the Middle East and North Africa, reported Gulf News quoting Joe Sita, CEO of Nakheel Hotels. Sita said Nakheel currently has 30 hotels in 18 countries in the luxury segment, and it plans to double this total in the next five years. In addition to these, it is planning to develop 25 to 30 easyHotels within the next five years in the budget segment.
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Jeff Florian, Senior ReporterWednesday, May 07 - 2008 at 07:35 UAE local time (GMT+4)
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