Pearl Group looking to invest in 10 more hotels
April 22- Dubai-based Pearl Investment Group announced on Tuesday that it is looking to invest in 10 more hotels in the Gulf region as well as India -- an estimated investment of Dh500 million -- over the next five years. The group already operates the Flora Hotel chain in Dubai and also plans to set up hotels in Makkah and Madinah.
Talking about the group’s investment plans, V. A. Hassan, Vice Chairman of Pearl Investment and Chairman of Flora Group Hotels, said the new expansion drive will coincide with Flora's 10th anniversary celebrations.
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