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FINANCIAL NEWS
Ritz-Carlton launches hotel in Abu Dhabi
12 Mar 2013
(MENAFN) The Ritz-Carlton Hotel Company’s President and COO, Herve Humler, stated that the company launched its first hotel in Abu Dhabi, the capital of the UAE, reported Gulf News.
Humler said that the Ritz-Carlton Abu Dhabi, Grand Canal is the chain’s 9th hotel in the Middle East, and would comprise 532 rooms and 10 stately buildings.
He added that the buildings would include 447 guestrooms and suites, and 85 private 1- and 2-bedroom villas.
The property would also consist of 1,600 square meter outdoor pool, a health club and the Ritz Kids Club.
It is worth noting that in terms of built area, the Ritz-Carlton Abu Dhabi is the third-largest Ritz-Carlton worldwide.
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BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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