DUBAI- Al Habtoor Group plans to list up to 35% of its shares in an offering planned for the third quarter of 2022, the chairman of the Dubai-based family-owned conglomerate said in an interview with al-Arabiya TV on Wednesday.

Occupancy at hotels operated by the group exceeds 90%, he said, and the current situation makes it favorable to list on the Dubai financial market.

(Reporting by Maher Chmaytelli; Editing by Lina Najem and Jan Harvey) ((maher.chmaytelli@thomsonreuters.com;))