Ireland based Grand Midwest Group opened its third apartment hotel in Dubai yesterday and is planning to launch two more properties in the UAE. Group Chairman for Grand Midwest said the company had planned more properties but because of the economic downturn they will focus on launching the two additional planned properties in the UAE by 2010. He said Dubai is not immune from the global economic downturn but they do see strong potential for growth in the medium to long term.
The new 46 story Grand Midwest building next to Internet City was inaugurated by Ireland’s Minister for Integration. Grand Midwest operates the Grand Midwest Hotel Apartment in Bur Dubai, and the Grand Midwest Express near Ibn Batutta Mall, Their current room inventory is 500.
