Safir inks Syria hotel deal

31 January 2010

Safir Hotels and Resorts Co, a subsidiary of Kuwait Projects Co (KIPCO), has signed a $25m agreement with the Syria's Al-Chami Co For Tourist Investment to manage the Safir Hotel in the northern Syrian city of Aleppo, Kuna has reported. Construction of the 158-room, eight-storey property is expected to be completed within 20 months.

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