The Caterer

Express by Holiday Inn expands into Gulf

04 October 2005
Express by Holiday Inn expands into Gulf

Twenty Express by Holiday Inn hotels are to be developed across the Gulf Arab States in a $150m (£85.5m) joint venture between 12 regional investors.

Part of the InterContinental Hotels Group portfolio, the three-star properties will become the first international brand to enter the region on this scale.

The key player in the development's owning company, Ishraq, is Dubai International Capital, the international investment arm of Dubai Holding, which includes hotel group Jumeirah in its portfolio.

The hotels will be located in Qatar, Bahrain, Kuwait, Oman and UAE, with the first opening in Dubai by the end of 2006 and the rest by 2010.

By Emily Manson

Get your copy of Caterer and Hotelkeeper every week - click here to subscribe and save 25%.

Sudoku Join the craze and play Sudoku online!
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!