Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

IFA and Tijara unveil $50m vacation club  Join our daily free Newsletter

MENAFN - Khaleej Times - 05/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) The 50 million joint venture brings together two significant hospitality forces in the middle east.

dubai — international hotel and real estate developer ifa hotels & resorts has joined forces with kuwait-based tijaria to launch their first-ever vacation club business. the announcement was made on the opening day of the arabian hotel investment conference.

the 50 million joint venture brings together two significant hospitality forces in the middle east.

talal al bahar chairman and group ceo of ifa hotels & resorts believes the club fills a gap in the current market.

“the aria vacation club is the first middle eastern-backed vacation club with the capacity to dominate markets in the mena south-east asia europe and north america. we have done our research and have addressed previous barriers to this market” he said.

“we have a number of wold-class assets in our stable a proven executive team in place the capacity to leverage the region’s most comprehensive consumer finance solution and a well-respected jv partner in tijaria. we are extremely happy that tijaria has partnered with us on aria.”

these fundamentals combined with ifa hotels & resorts’ ownership interest in rci middle east puts the aria vacation club in a position to build the strongest collection of exchange partnerships in the mena and south-east asia and to capitalise on its first-mover advantage in dubai.

business?khaleejtimes.com


 






  MENA News Headlines
 Sep 1 2014 - Qatar- Summary of Local News Released SundayQatar News Agency
(MENAFN - QNA) A summary of local news released Sunday by Qatar News Agency. - HH the Emir Sheikh Tamim bin Hamad Al-Thani sent on Sunday a cable of congratulations to Peresident of Kyrgyzstan ...

 Sep 1 2014 - China to become GCC's biggest oil importerMENAFN
(MENAFN) China is set to depend heavily on the capacity of the Gulf Cooperation Council (GCC) to provide a stable flow of oil for the next ten years, Saudi Gazette reported.The deal earlier announced ...

 Sep 1 2014 - Kazakhstan to boost bilateral ties with OmanMENAFN
(MENAFN) Kazakhstan expressed its aims to boost bilateral relations with Oman with increased diplomatic visits and trade relations, Oman Observer reported.The Sultanate has contributed to ...

 Sep 1 2014 - Qatar- Summary of Local News Released Sunday - 1-Qatar News Agency
(MENAFN - QNA) - The Qatar Philharmonic Orchestra will travel to the Royal Albert Hall in London next month to perform at the BBC Proms. The orchestra will perform the music of Sergei Rachmaninoff, ...

 Sep 1 2014 - 'City of Light' could recapture an intellectual leadership roleArab News
(MENAFN - Arab News) The holy city of Madinah has found a special place in World Economic Forum's report of the global agenda council on competitiveness.The report titled 'The Competitiveness of ...

 Sep 1 2014 - Final agreement for USD2b Omagine project near signingMENAFN
(MENAFN) A final agreement regarding the establishment of the Omagine real estate, tourism and entertainment project, which would cost USD2 billion and planned to be near Muscat International ...

 Sep 1 2014 - Global PTFE Market to Reach USD 6,440.0 Million by 2020MENAFN Press
(MENAFN Press) Global PTFE sales were estimated at USD 3,465.0 million in 2012, and are expected to reach USD 6,440.0 million by 2020, growing at a CAGR of 8.1% from 2013 to 2020, according to new ...

 Sep 1 2014 - Dubai set to stage Gary Barlow show in OctoberKhaleej Times
(MENAFN - Khaleej Times) Why the news of one pop concert in Dubai has wider (and happier) implications according to Adam Zacharias And so it begins.Earlier this week on my drive to work I heard on ...

 Sep 1 2014 - UAE- I always turned up with a couple of tapes: DJ NazKhaleej Times
(MENAFN - Khaleej Times) DJ Naz resident spinner at Toro Toro in Grosvenor House Dubai tells us about his musical beginnings and why hed like to follow in the footsteps of Ibn Battuta DJ style: ...

 Sep 1 2014 - UAE- Western Sydney Wanderers to feature in Al Jaziras IPIC CupKhaleej Times
(MENAFN - Khaleej Times) Western Sydney Wanderers who saw the back of last years champions Guangzhou Evergrande are set to touchdown in Dubai on Sunday.Ammar Bashir and Ali Al Nuaimi addressing the ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help