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Business in Brief The Fattal Fund is building a fifth hotel in Munich at a total cost of 80 million euros, mostly borrowed. This will be its 30th Leonardo brand hotel in Europe and its 21st in Germany. Fattal also owns hotels in Switzerland and Belgium, and 18 Leonardo-brand hotels in Israel. Read more News Source - Haaretz Daily Publish date - 22:55:01 07/22/08 Kempinski to manage Qatari Diar’s Morocco project DOHA • Qatari Diar Real Estate Investment Company has announced it has awarded European luxury hotels group Kempinski Hotels the management contract of its beach resort in the $660m Al Houara development in Tangiers, Morocco. Read more News Source - The Peninsula Publish date - 22:48:39 07/23/08 Rixos enters Southeast Asian market with 5-star hotel After gaining prominence not only in Turkey but also across Europe and Russia, Turkish luxury hotel brand Rixos has entered the Southeast Asian market with a resort hotel in Thailand's coastal town of Khao Lak. Read more News Source - Zaman Online Publish date - 23:08:54 07/23/08 |
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