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FINANCIAL NEWS
Dubai-Nakheel sets up USD47.9mn hotel at Dragon City
18 Apr 2017
(MENAFN) Dubai developer Nakheel broke ground on a new USD47.9mn hotel at Dragon City, reinforcing its aggressive expansion into the hospitality sector.
Moreover, the Premier Inn is Nakheel”s second hotel at Dragon City, while the first, a 251-room ibis Styles hotel, opened in Feb last year.
Additionally, it is one of two Nakheel hotels organized by UK hospitality Whitbread under the Premier Inn brand.
Premier Inn Dragon City, set for delivery in 2019 is the latest project in Nakheel’s Dh5bn hospitality expansion last week.
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