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Damac says Paramount Hotel Dubai construction to start in H1 2015

Damac says Paramount Hotel Dubai construction to start in H1 2015

Dubai developer Damac Properties has announced that construction of its Paramount Hotel Dubai project is likely to start in the first half of 2015.

Damac said it is planning to float the construction works tender for the 1,250-room luxury hotel in Downtown Dubai early next year with completion slated in 2018.

Niall McLoughlin, senior vice president,

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Revealed: Dubai's plan to ease NYE traffic congestion

Revealed: Dubai's plan to ease NYE traffic congestion

An additional 11,000 car parking spaces will be made available in Dubai for the New Year's Eve celebrations, it has been announced.

The move is part of plans by the Roads and Transport Authority (RTA) to set up a comprehensive traffic plan to control the movement of vehicles and public transport during the celebrations, the transport authority said

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Mövenpick Dubai sold by Alwaleed's Kingdom Holding for $95m

Mövenpick Dubai sold by Alwaleed's Kingdom Holding for $95m

Dubai-based Kingdom Hotel Investments (KHI), a subsidiary of Saudi Arabia's Kingdom Holding Company, has sold its 100 percent interest in Movenpick Hotel and Apartments Bur Dubai.

The group sold its stake to a UAE-based investment company for $95 million in November this year, it was announced on Sunday.

Commenting on the sale, KHI chairman, Prince

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Emaar Hospitality said to eye hotels in India

Emaar Hospitality said to eye hotels in India

UAE-based Emaar Hospitality Group, part of Emaar Properties, is considering operating hotels under its flagship brands – The Address Hotels and Resorts and Vida Hotels and Resorts – in India.

According to Indian daily The Hindu Business Line, Emaar Hospitality Group chief operating officer Philippe Zuber said: “We are open to management agreements i

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Dubai's Media One Hotel to host 'vertical race'

Dubai's Media One Hotel to host 'vertical race'

Media One Hotel has announced a ‘Vertical Race’ to be held on Saturday, January 17, 2015 at the Media One Tower. The marathon-inspired stair climbing race is open to pre-registered individuals and teams, with prizes for top three men, top three women and top three teams totalling AED20,000 ($5,444).

The race starts from the ground level with a run

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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

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Office No: 302 Wasel Business Centre
Near port Saeeed Etisalat Office Deira, Dubai.

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