DAMAC Properties has awarded an AED512 million (USD 139.39 million) construction contract to China State Construction Engineering Corporation (CSCEC) to build tower C of AYKON City, DAMAC’s luxury mixed-use development on Sheikh Zayed Road.
DAMAC Properties announced the handover of its DAMAC Heights tower which is also home to DAMAC Residenze with interiors by Fendi Casa.
Promoting Al Marjan Island as the must-invest destination in the region, the main developer of Ras Al Khaimah freehold areas participated in the recent World Forum for Foreign Direct Investment (FDI) in Liverpool, the UK.
Marc Hediger has been named senior vice president, development, at Thai hotel property and development company, Dusit International.
As part of its strategic expansion plans for Africa, Mövenpick Hotels & Resorts has recently unveiled plans to open its first hotel in Ethiopia.
Somerset Jeju Shinhwa World opened on April 25, marking The Ascott's fourth property in South Korea.
Marking its third African country, after Egypt and Cape Verde, Deutsche Hospitality has announced two Tunisian properties, both expected to open in the second quarter of the year.
The Luxury Collection has announced the signings of five flagship properties namely, the internationally-renowned boutique hotel The Wellesley and the exclusive The Westbury in London, Hôtel de Berri, a new alluring hotel in the heart of Paris, Cristallo Resort & Spa in Cortina, Italy, the first ski resort of the collection, and The Alexander in Yerevan, marking the brand’s debut in Armenia.
Park Inn by Radisson hotels has announced Park Inn by Radisson Barrancabermeja Cambodia.
As part of the company's reinvention efforts, Marriott International announced the completion of Washington Marriott Georgetown's USD28 million transformation, financed by the property's owner, Geller Capital Partners.