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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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Sunday, March 15, 2009

61 Hotels to Open in GCC Despite Global Crisis

61 hotels valued at $8.8 billion to open by 2010
Al-Bawaba - Amman, Jordan
Hotel Show survey reveals 61 new hotels in Arabian Gulf to be completed within 2 years at a combined cost of $8.8 billion.
A total of 61 hotel developments worth $8.8 billion are due for completion between now and the end of 2010 across the Arabian Gulf despite the global economic downturn, according to a new survey revealed today (14 March 2009). ...

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