Older Gulf hotels look to renovate | emirates247.com

Older properties across the Gulf will undergo major renovations to keep pace with the quality of new supply, with some even closing for complete refurbishment, according to a new report by hospitality business property advisor Christie + Co. International Business Outlook 2012, the annual business intelligence report released by the Dubai-based MENA office of Christie + Co, offers an impartial view of the developments within the hotel industry.