May 12 2008
IHG to Build New Integrated Hotel In Damascus
The IHG Group has signed agreements with MAK Hotel Holdings, a member of the M.A. Kharafi Group of Kuwait, to develop an InterContinental Hotel in the Syrian capital.
The hotel will be integrated with a cinema complex, mall, and office space. Construction is slated to be finished by 2010.
“The M.A. Kharafi Group is one of the largest Groups in the Middle East and we are delighted to be partnering with them on the InterContinental Damascus. Over the last few years we have witnessed a substantial increase in tourism levels to Syria; our aim is for IHG to be at the forefront of this demand for accommodation. When open, InterContinental Damascus will offer guests a luxurious and first-class place to stay while discovering this historically rich location; testament to InterContinental’s commitment to provide authentic and enriching destination experiences for all guests,” said John Bamsey, Chief Operating Officer, IHG, Middle East & Africa.
Health spas and numerous business conference centers will also be built into the new project.
The Syrian government has increased spending on tourism as forecasts predict major growth for next quarter and over the next several years.
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