Shangri-La has recently started operations in the Gulf, opening its first hotel, the Shangri-La Hotel Dubai, in July 2003. The company’s second hotel in the region will be the Traders Hotel, Dubai, which will open in October 2003, and a third hotel, the Shangri-La Barr Al-Jissah Resort & Spa, Muscat, Oman, will open in 2005.