Hotel projects worth $1.7 billion to take place in GCC this year
Published by Irhal
May 18 - The GCC states are set to spend over $1 billion on hotels this year, said the results of a study by Proleads. According to the details, the estimated amount to be spent on hotel projects under construction in 2010 will be more than $1.17 billion. The UAE will be spending the most amount of money in this regard -- $463.8 million. Oman will spend more than Saudi Arabia this year -- $269.2 million as…
The Hotel Show kicks off today at the Dubai World Trade Centre and will run till May 20.
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