Carlton Hotel Management to raise investments to AED 1.8bn by 2020

Dubai – Mubasher: Carlton Hotel Management Company will increase its investments in the hotel sector to AED 1.8 billion by 2020, the company’s CEO Hosni Abdel Hadi said.

In 2020, the company is expected to raise the number of rooms to 2,000, Abdel Hadi added.

The company now owns 1,317 hotel rooms, of which 1,142 are in Dubai, 85 in Jordan, and 90 in Czech Republic, the chairman said according to the statement.

The company is growing its business in the UAE markets, with plans to expand in the main cities of Europe like London, Paris, and Madrid, Abdel Hadi added.

The company is developing its sales strategy to increase business and explore access to more distant markets such as India, China, and Latin America.

Mubasher Contribution Time: 24-Apr-2017 10:55 (GMT)
Mubasher Last Update Time: 24-Apr-2017 10:55 (GMT)