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Article: Jordan Dubai Capital, Ishraq agree to develop 3 'Express by Holiday Inn' Hotels.
- Article from:
- Middle East and North Africa Business Report
- Article date:
- July 20, 2006
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Copyright informationCOPYRIGHT 2006 Middle East and North Africa Business Report. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Jul. 20--On Wednesday, an announcement was made between Jordan Dubai Capital (JD Capital) and Ishraq Gulf Real Estate Holding to develop three 'Express by Holiday Inn' hotels in Jordan. The hotels will be constructed in Jordan's major cities at a cost of JD 30 million and will form part of an aggressive five year plan to develop over 36 Express by Holiday Inn hotels in the Middle East region.
The agreement was signed at a press conference held at the InterContinental Jordan attended by Ismail Tahboub, Senior Vice President at JD Capital; Sami Al Ansari, C.O.O. of Ishraq Gulf Real Estate Holding Co; Gnter Grigoleit, Director of Operations, InterContinental Hotels Group, ...
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