GCC: B&G Hotels & Resorts, an Egyptian hotel management company, has signed a franchising agreement with Germany's REWE Touristik Hotels & Investments (RTH) Group, a subsidiary of REWE Group, to launch three hotel brands in the Gulf.
B&G Hotels & Resorts will now be the sole franchisee of premier hotel brands including Calimera Active Hotels, LTI International Hotels and PrimaSol Hotels.
"By utilising our vast experience in hotel management projects in the region, RTH will be able to successfully extend the presence of its chain of hotels to the highly lucrative markets in the GCC countries," said Ahmed Balbaa, Chairman and CEO, B&G Hotels & Resorts. GCC: B&G Hotels & Resorts, an Egyptian hotel management company, has signed a franchising agreement with Germany's REWE Touristik Hotels & Investments (RTH) Group, a subsidiary of REWE Group, to launch three hotel brands in the Gulf. B&G Hotels & Resorts will now be the sole franchisee of premier hotel brands including Calimera Active Hotels, LTI International Hotels and PrimaSol Hotels. "By utilising our vast experience in hotel management projects in the region, RTH will be able to successfully extend the presence of its chain of hotels to the highly lucrative markets in the GCC countries," said Ahmed Balbaa, Chairman and CEO, B&G Hotels & Resorts.
© Emirates Today 2006
