Complex Made Simple

TDIC to postpone hotels on Saadiyat Island

The developer of Saadiyat Island, Tourism Development and Investment Co (TDIC), is to postpone several of the hotels it is planning to build on the island in an effort to make the multibillion-dollar project commercially viable, The National has reported. TDIC is opening its luxury St Regis resort on the island in November, and a Dhs1bn Park Hyatt hotel, being built by Abu Dhabi National Hotels, is expected to open a few weeks ahead of that property.