Hotels

Oetker looking to invest in the Middle East

April 14- The Oetker Hotel Collection (OHC), part of a German conglomerate, is holding talks with investors in the Middle East for constructing hotel projects in the region. The group, which announced its first project in Abu Dhabi in February this year, is negotiating with at least three investors or owners for management contracts, with Dubai, Beirut, Bahrain and Doha.
"We have plans to set up about 15 hotels in the region within the next 10 years. We are negotiating with owners for management contracts, but will disclose details about the negotiations at a later stage," said Samir Daqqaq, Senior Vice-President for Development, Middle East and North Africa (MENA), OHC.
Meanwhile, the hotel in Abu Dhabi is slated to open by 2012. Also, the group is looking to invest in Saudi Arabia but nothing has been finalised in this regard. "For us, finding the right kind of owner is important," Daqqaq said.

More Hotels
Emirates Palace Abu Dhabi to celebrate Mexican National Day with Mexican food fiesta
Looking for an adventure - go to Iraq for Eid
* Hotel Metropole Geneva
Latest Travel News
UAE carriers join hands to celebrate the...
New Istanbul airport starts operations...
Discover the making of a Royal Bisht - g...
Featured Sights To See
Deutsches Museum

Deutsches Museum

Munich, Germany

This is Munich’s biggest museum, located on an island in the River Isar. It covers every conceivable aspect of technical endeavour, from the first flint tools used to the research labs of modern industries. Timings: Daily  9.00 – 17.00 Admission: €7.50 adults €5 seniors €3 students Free for children 6 and under Tel: 089-21791   ...

Road to Sant Cugat

Road to Sant Cugat

Barcelona, Spain

The road to the Sant has the most impressive views of the city.  ...

Museum of Science & Industry

Museum of Science & Industry

Chicago, United States

Chicago's Museum of Science and Industry is housed in the Palace of FIne Arts, built for the Columbian Exhibition.  In the 1920s, after the Field Museum moved out, it was decided to convert the magnificent Neoclassical building into a museum dedicated to science and industry.  The museum was bankrolled by Julius Rosenwald of retailer Sears Roebuck.  It has evolved into one of the wo...

Centro de Arte Reina Sofi­a

Centro de Arte Reina Sofi­a

Madrid, Spain

This museum unfolds the very best in historical art and modern contemporary work. The works on display usually range from the 20th century up to the 1980s. The most famous is Picasso's Guernica , with plenty more on display.   Plaza Santa Isabel 52, Atocha Tel: +34 91 774 1000  Fax: +34 91 774 1056  Timings: Mon & Wed-Sat 10:00 - 21:00, Sun 10:00 - 14:30 &n...