(MENAFN) Abu Dhabi-based Cristal Hotel group announced that it is planning to expand its business across the Middle East and Africa (MENA) region, as it prepares to build three new hotels in Erbil as well as open another property in Saudi Arabia next year, Gulf Business reported.
The group said that its new hotel in Saudi, which will open by mid-2015, will bring the total number of properties it operates in the Kingdom to 5, while the three properties it is currently building in Erbil will result in the group operating 4 properties in the northern Iraq city after it opened its first hotel in the city in November 2014.
The Abu Dhabi hotel group also said that it is planning to build more hotels in Dubai as the city readies itself for a visitor boom in the coming years, as it continues to work on achieving its ambitious target of operating 50 hotels within the next five years, almost double its earlier aim of 25 hotels.
"In 2014, nearly 2,000 new hotel rooms were added and we expect 2,500 more rooms this year. Unless there are more events to attract tourists and visitors, hotel rates and business could be negatively affected," Cristal Group CEO said.
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