Noor Capital, Range Hospitality To Build Iraq Hotel
The Abu Dhabi investment company and UK hospitality developer, Range Hospitality, have partnered to develop a US $100 million (Dh367mm) five star hotel apartment project in Iraq. The development, which will be called The Range, will be located in the Iraqi pilgrimage city of Karbala and is expected to be complete in 2013. Range Hospitality will donate 20 percent of its profits from the project to Iraqi charities that help orphans and widows and to promote education and health care.
Managing partner at Range Holdings, Munaf Ali, said “It is part of our strategy to give something back.”
The Splendid Hotel Group of London will manage The Range, which will have between 650 and 700 rooms. Noor Capital will invest heavily in the project and is looking for other investors. Over six million pilgrims visit Karbala each year during the busiest season. Euromonitor International said religious tourism is the most important type of incoming tourism in Iraq, given its current security safety situation.
More Hotels News
New seaside resort in Qatar
Friday, 07 October 2016
Those of you planning a trip to Qatar may want to check out Qatar’s first leisure destination ...
Amaneesa restaurant reopens for the winter at the Ritz-Carlton, Dubai
Thursday, 06 October 2016
Amaseena, the outdoors restaurant at the Ritz-Carlton, Dubai, is reopening for the winter season ...
Family friendly Hotel Banana Island, Doha
Monday, 26 September 2016
Stay at the five star Banana Island Resort with your children. Only 10 minutes from Doha city ...
Immerse yourself in olives in Mallorca, Spain
Tuesday, 02 August 2016
If you are planning a trip to Mallorca visit the Sóller Valley which has a long history of ...
Ten spas to spoil yourself in
Sunday, 08 May 2016
Fancy a sand based exfoliation, or a rose steam bath, or a honey massage, or a zero gravity ...
Elaf Group's Makkah and Madinah hotels popular at ATM Dubai
Sunday, 01 May 2016
The Elaf Group of Saudi Arabia has revealed its successful participation at the recently ...
Start your Adventure
North & South America