Starwood Hotels & Resorts Worldwide on Wednesday announced that it has agreed to sell The Westin Excelsior Rome to Qatar's Katara Hospitality for $251 million.
As part of the deal, the historic hotel will be renovated in the next five years, including a transformation of all guestrooms, as well as upgrades to the hotel's public areas.
The hotel
...The midscale sector of Dubai's hotel market, which has been dominated by luxury properties for years, will get a major boost in the final months of 2015 as the emirate attempts to address the balance.
Data released by JLL revealed that up to 50 percent of the 3,600 new hotel rooms to enter the Dubai market in the final months of the year have a
...A Thailand-based hotel group has signed an agreement to manage a new property in Muscat as part of the Palm Mall project which will include Oman's first snow village.
Dusit International will run the dusitD2 Palm Mall Muscat, which is scheduled for completion in 2017, after inking a deal with the Al Jarwani Group.
The upscale hotel will feature
...Thailand-based Minor Hotel Group (MHG) is reportedly planning a new luxury Anantara resort on an island development off the coast of Bahrain.
Anantara Durrat Al Bahrain Resort will be built in partnership with Bahrain Mumtalakat Holding Company (Mumtalakat), the Gulf kingdom's investment arm.
The resort will be located on Durrat Al Bahrain, the
...AccorHotels has agreed a deal to use its Novotel and Ibis brands on two hotels it manages at Tehran's main international airport and is setting its sights on growth potential in the country.
AccorHotels said it would be the first international hotel group to launch its brands in Iran when the deal with the owner of the hotels, Aria Ziggurat
...Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...
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