Company chiefs for Dubai based Hospitality Management Holdings (HMH) said they are sticking with their plans to develop 100 hotels by 2012 despite the global economic slowdown. HMH has expansion plans in the Middle East and beyond, but their main focus is UAE, Bahrain and Qatar.
HMH CEO Michel Noblet said they are committed to developing 100 hotels by 2012, that it will be challenging but it is achievable. He said some projects may be delayed but did not provide details. Michel said they hoped to announce their biggest project in Africa at the Arab Travel Mart which takes place in May.
