Dubai Tourism

Union Properties plans 1000 mid-tier hotel rooms

News   •   Jun 01, 2014 07:18 GMT

HOTALIERMIDDLEEAST.COM: Dubai developer Union Properties (UP) has revealed plans to build about 1,000 affordable hotel rooms in the next five years to address a shortage in the mid and lower-end of the market.In an interview with Bloomberg, UP managing director Ahmad Al Marri said that UP, which is planning projects with a value of around AED4billion ($1.089bn),