12/26/2016
“Today, GFH is a stronger, more liquid and highly capitalised Group and through our sound commercial and investment banking activities, we are set for a brighter future,” added Alrayes.
12/22/2016
The portfolio includes the 250-room Ibis Melbourne and the 200-room Ibis Sydney Airport, as well as five Ibis Budget hotels in Sydney, two in Melbourne, and one each in Newcastle, Dubbo, Coffs Harbour, Canberra and Brisbane Airport.
12/14/2016
Sources say developer will use the funds, arranged by Commercial Bank of Dubai, to finance a hotel project
12/14/2016
Dubai represents the highest stock of serviced apartment units with just over 29,000 keys, achieving 79% occupancy and $126 ADR levels in 2015.