Arab Today, arab today alwaleed hospitality arm for dubai acquisition
Last Updated : GMT 02:41:45
Arab Today, arab today
Arab Today, arab today

Alwaleed: hospitality arm for Dubai acquisition

Arab Today, arab today

Arab Today, arab today Alwaleed: hospitality arm for Dubai acquisition

Dubai - Arabstoday

Alwaleed Investment Group has confirmed its newly launched hospitality unit had acquired its first hotel. The 180-room Splendid Hotel, situated in the Oud Metha area of Dubai, will be renamed Alwaleed Palace Hotel Apartments following the purchase by the United Arab Emirates-based investment powerhouse. The group aims to acquire luxury hotel projects with high investment feasibility to meet the growing needs of the service buildings, said a senior official. “Our aim through AlWaleed Hospitality is to focus on providing the best levels of luxury services to our customers,” Mohammed Abdul Razak Al Mutawa, the chairman of the Al Waleed investment board explained. The project is located near the Lamcy shopping centre. The deal may be the first of many, with AlWaleed recently outlining plans to operate 500 rooms in Dubai by the end of 2014, suggesting at least two more purchases could be on the horizon. The Al Barsha area of Dubai has been mooted as a second area of growth for the investment body. “Our hotel services specialised in the high quality standards reflects a new experience in the hospitality industry at the level of the local market in Dubai,” concluded Al Mutawa.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today alwaleed hospitality arm for dubai acquisition Arab Today, arab today alwaleed hospitality arm for dubai acquisition

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today alwaleed hospitality arm for dubai acquisition Arab Today, arab today alwaleed hospitality arm for dubai acquisition

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday