Nakheel plans new recreation club at Warsan Village

Nakheel plans new recreation club at Warsan Village

​ Construction is underway on a new, USD 2.7 million dining, sports and leisure hub at Nakheel’s Warsan Village villa community in Dubai.   Due to open in 2019, Warsan Village Club will feature a restaurant, swimming pool, children’s pool, gym, fitness studios and tennis court, as well as a...

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Abu Dhabi-based investor Twenty14 Holdings buys Edinburgh’s Waldorf Astoria-The Caledonian

Abu Dhabi-based investor Twenty14 Holdings buys Edinburgh’s Waldorf Astoria-The Caledonian

​ Abu Dhabi-based investor Twenty14 Holdings, a Lulu Group International subsidiary bought Edinburgh’s Waldorf Astoria-The Caledonian for £85 million sale (USD 117 million), reported Hotel Management.   The deal is considered the biggest hotel sale in Scotland since 2015, and the largest in the U.K over the past year.   The...

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Prince Al Waleed sells his stake in Four Seasons Beirut for USD 100 million

Prince Al Waleed sells his stake in Four Seasons Beirut for USD 100 million

​Image via Four Seasons Beirut Facebook page Saudi Arabian investment firm Kingdom Holding Company (KHC) chaired by Prince Al Waleed Bin Talal, sold its stake in Four Seasons Hotel in Beirut for around USD 100-115 million including debt, according to Reuters.   Last November, HN had reported that KHC will be...

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