Germany-headquartered Iberotel has announced plans to open a new hotel in Dubai, as part of the group's expansion plan across the region. The Iberotel Emirates Grand Hotel is located along Sheikh Zayed Road and will offer 93 deluxe rooms, 66 one bed-room suites, 127 premier one-bed room suites; and 123 two-bedroom suites. The group has said it looks at potential markets such as Oman, Jordan and the Maldives Islands in the next few years.