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Dubai-owned firm to open 4 mid-priced hotels next year

Friday, December 12, 2014 - 05:50

Dubai

A COMPANY owned by Dubai's government plans to open four hotels in the emirate next year to expand the supply of mid-priced rooms in a market dominated by luxury accommodation, its chief executive officer said.

Wasl Asset Management's Hesham Abdullah Al Qassim said the three-