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FINANCIAL NEWS
EGH adds two Dubai hotels under its management
05 Jul 2012
(MENAFN) Emaar Hospitality Group (EHG), the hospitality arm of Emaar Properties has added two more hotels in Dubai under its management, taking the total to 7 in the city, Arabian Business reported.
EGH will now operate the Al Manzil and Qamardeen properties, formerly run by the Southern Sun Hotel Group, located in the Downtown Dubai development.
The company operates five Address Hotels + Resorts branded properties in Dubai, while parent firm Emaar Properties also operates the Armani Hotel in the Burj Khalifa.
Emaar, the largest listed developer in the UAE, has moved towards diversifying its revenue sources in recent years, including retail and hospitality.
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