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Ramee Group plans 15 hotel projects
- United Arab Emirates: Sunday, October 19 - 2008 at 10:09
Dubai-based hotel chain Ramee Group, which operates 31 mid-sized hotels in the GCC and India, is investing Dhs5bn ($1.4m) in 15 new projects in the Gulf and India, reported Gulf News. The company is developing three five-star properties in Dubai, four projects in Bahrain and three hotels in India. Of these, Dhs2.7bn will be invested in the UAE, Dhs1.3bn in Bahrain and a further Dhs1bn in India, according to Raj Shetty, chairman and managing worker of Ramee Group.
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Jeff Florian, Senior ReporterSunday, October 19 - 2008 at 10:09 UAE local time (GMT+4)
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