Saudi Hotels eyes rival

31 December 2008

Saudi Hotels and Resorts Area is planning to merge or acquire a smaller competitor - National Company for Tourism, or Syahha, Bloomberg has reported. Saudi Hotels will hire a consulting firm to conduct a feasibility study of the acquisition plan, the company said.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications