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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Friday, August 15, 2008

New Luxury Hotel to be Launched

ETA Star plans Dh8b luxury hotel projects in second half
GulfNews - Dubai,United Arab Emirates
Dubai: Property developer ETA Star, part of the ETA Ascon Group, will add Dh8 billion worth of projects to the group's luxury hotel portfolio in the second half of this year, a senior company official said. ..."I think St Regis is our premium brand. It is the most premium brand of the Starwood Group and its exclusive... The luxurious St Regis is not the only high end property on the cards for ETA....Junaid said ETA Star mitigated the risks in the construction sector, notably the high cost of building materials and labour, by appointing contractors immediately after launching its projects. ...

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