Thursday 25 April 2024
 
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Nakheel, Centara sign JV for $136m beachfront resort

UAE master developer Nakheel and leading Thai hotel group Centara Hotels and Resorts have signed a joint venture agreement to create a 550-room, Dh500-million ($136 million) beachfront resort with a waterpark at Deira Islands in Dubai.

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Nakheel, Centara sign JV for $136m beachfront resort

UAE master developer Nakheel and leading Thai hotel group Centara Hotels and Resorts have signed a joint venture agreement to create a 550-room, Dh500-million ($136 million) beachfront resort with a waterpark at Deira Islands in Dubai.

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Zinc/InVision plans 28 new hotels in Mena

Zinc|InVision Hospitality, a joint venture between Thai-based InVision Hospitality and Singaporean investment company Cinnovation|CG, plans to operate 28 hotels in the Mena region by 2020. The new entity also announced plans to invest up t

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