Ramada Hotels seals Mid-East expansion deal

Ramada International Hotels and development firm Global V Hospitality have agreed to develop 80 hotels in the Middle East and North Africa over the next five years. The plans include 18 properties in Saudi Arabia, five each in the UAE, Lebanon, Syria and Kuwait, three in both Bahrain and Qatar, ten in Morocco and Tunisia and 14 in Egypt. The first properties to open will be in Egypt, Tunisia and Lebanon, and most of the developed hotels will include meetings facilities. The deal will see the development of all Ramada’s products, including Ramada Plaza and Ramada Resorts. The brand has more than quadrupled its hotel portfolio over the past year from 26 hotels at the start of 2001 to more than 130 at present.

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