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FINANCIAL NEWS
Nakheel inks agreement with Premier to run Dragon City hotel
13 Sep 2015
(MENAFN) Dubai-based giant developer Nakheel said that it has inked a second management agreement with UK-based Premier Inn to run a new 250-room hotel at the Dragon City mixed-use project.
The agreement, signed at the Dubai’s Cityscape Global property exhibition, comes a year after Nakheel and Premier Inn inked a deal on a 372-room hotel, currently under construction, at Dubai’s Ibn Battuta Mall.
The new hotel at Dragon City, scheduled to open in 2018, is part of a huge new master plan from Nakheel that will transform the area into a giant retail, residential and recreational complex.
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