Dubai-based Range Hospitality has announced plans to invest more than $1bn (Dhs3.67bn) on expanding its operations over the next three to four years, Gulf News has reported. We currently have projects to launch in the pipeline, and the figure is in excess of $500m. Over the next three-four years, this figure will exceed $1bn," Range Hospitality chief executive Munaf Ali said. "The Range Holdings group will be expanding, and we are looking to develop leading hospitality complexes in new markets globally," he said.