Angsana Dubai to be closed

24 September 2009

Damas Hotels LLC and Banyan Tree Hotels and Resorts have agreed to terminate the hotel management contract for the five-star Angsana Dubai Hotel and Suites, according to Gulf News. The hotel will cease to operate as of September 30 and will be converted into residential units that are expected to be sold on a vacant possession basis. Staff will also be compensated and helped to find new jobs, Bernold Schroeder, Senior Vice-President and Managing Director, Hotel Operations said.

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