Michel Noblet, President and CEO of the group, said, “Despite all the hiccups — first the global economic recession and now the Middle East political crisis — we will have 50 hotels operational before the end of the year and several of these will be unveiled during the Arabian Travel Market (ATM) in May. We are extremely pleased to reach this milestone as until now most of the hotels were only on the drawing board but today they stand ready to welcome their first guests.”

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