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Steigenberger considering Middle East expansion, CEO says

11/08/2011 - Dubai Lifestyle News Posted by Bob Brunskill
Dubai property investment opportunity - The First Group
Steigenberger considering Middle East expansion, CEO says

Steigenberger Hotels is considering an expansion plan in the Middle East and could be looking at adding properties in Dubai, Abu Dhabi and other areas.The company has plans to open more than one property in the Middle East in the next year, adding to the 78 it already has across Europe and Egypt.Chief executive officer Arco Buijs told hoteliermiddleeast.com that though it wants to be sure it's taking the right steps, the company looks likely to move into the area."I would rather take a bit longer and have the right project here," he explained."Sometimes there are projects that I am not sure would be the right thing for our image and Steigenberger is really a top brand that focuses only on top locations and we want to keep that image."The firm has three properties in Egypt, including the Steigenberger Golf Resort in El Gouna and Nile Palace in Luxor.

Dubai property investment opportunity - The First Group



    
    
       
	
    
	
	
    
    
    
    

    
    
    
    
    
    
    
   	
	
    
    
    
    

    
    



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