Ramee to open six new hotels in Middle East

The global economic crisis has not slowed Ramee Group down much but Shetty cautioned “Recession is a part of the game so we have to work on it, cut costs on our operations. We are expecting another two years of low predictions and then after two years I think we will be out of the recession. Ramee is also planning five new hotels in India, which are expected to be operational by 2012. The Ramee Group now operates 32 properties in the UAE, Bahrain, India, and Oman, all currently in the budget segment.