Dubai Real Estate Real Estate in Dubai

Dubai Real Estate News
UAE Property Market Trends and Reviews

Educating and Sharing Ideas with Buyers and Sellers in the Dynamic Dubai Properties and Real Estate Market.

Dubai Property Market
Dubai.. a great place to live! The Dubai Properties and Real Estate Blog is a resource center for property investors. You will find a wealth of information on topics including property selling, buying, rentals, real estate agents, Dubai housing market updates, mortgages / home loans, Dubayy freehold properties, relocating, Dubai real estate investing, trends, financial analyst, Middle East real estate news and professional reviews. Find property buy and sale information for all of UAE including Abu Dhabi, Sharjah, Ras Al Khaima, Ajman and Umm Al Quain.

Custom Search

Emirates-Premier Inn joint-venture to bring in 5000 rooms in GCC

Monday, July 16, 2007

Emirates Group and Premier Inn, the biggest brand in UK, is expected to include 5000 additional hotel rooms in the Gulf region.

A statement from the Senior Vice-President, Business Development, Derek Swan, said "We are on-track with our plan to include 830 new additional rooms in the market within the next eighteen months, and will launch about 5000 rooms across the GCC in the next five years to come."

"The demand from visitors seeking quality budget hotel accommodation in the UAE is ever increasing with the major tourism developments and booming economy," he added.
Premier Inn has secured a prime location to build hotel, at Abu Dhabi's micro city, comprising residential and commercial towers, retail zones and hotels.

Premier Inn plans to construct the 250 room hotel at a plot situated opposite to the Abu Dhabi National Exhibition Center, taking advantage of the proximity and accessibility of the location to the site where quite a few major events are held. Premier Inn, in the GCC, is a joint venture between Whitbread, the leading hospitality group in UK and the Emirates Group.

PTI Gulf Hotels, the joint venture recently broke ground on its hotel property outside UK at the Dubai Investments Park, and secured about Dh.200 million for financing its first three developments in Dubai.

Labels: ,

Social Bookmarking
 Add to Del.icio.us Digg this article Add to 

Myweb.Yahoo!  Stumble it Add to Newsvine Add to 

Google bookmarks Add to Propeller
posted by Exclusive Dubai, 7/16/2007 03:25:00 PM

1 Comments:

I found your website that captures my interest while searching the internet for particular keywords related to real estates. This is a very informative blog of yours. Keep up the good work. You may also check Real Estate Investments and TIC Investments if it interest you for additional information's. Thank You...
commented by Anonymous Freddie Aguilar, 11:43 PM  

Add a comment