Sunday, Jun 18, 2017
Dubai: Emaar Properties said on Sunday its unit Emaar Hospitality will manage its first hotel in Saudi Arabia.
“We would like to clarify that entering into [a] hotel management agreement is in the normal course of business [for] Emaar Hospitality,” Emaar Properties said in a statement posted on Dubai Financial Market’s website. The agreement is not expected to have a material impact on Emaar Properties’ financials, the company said.
Gulf News 2017. All rights reserved.
© Copyright Zawya. All Rights Reserved.