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FINANCIAL NEWS
UAE’s Cristal Hotels plans to triple portfolio in ME
15 Apr 2014
(MENAFN) UAE’s Cristal Hotels & Resorts is to unveil its major expansion plans next month to triple its portfolio in two year, Arabian Business reported.
The firm said that it plans to operate 13 hotels in the Middle East region by the end of next year, with an aim to operate 50 properties in five years.
The Abu Dhabi-based company said that it signed a deal with Delta Leisure Resorts for the development of the first premium theme and wildlife resort in West Africa.
The proposed project will include a theme park, luxury retail village, wild life safari park and two hotels.
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