Al Tayyar to set up fund for hotel development

21/09/2017 Argaam

Al Tayyar Travel Group Holding Co.'s board of directors approved participating in the establishment of a private real estate fund to develop mid-market hotels, the company said in a bourse statement Thursday.

 

Al Tayyar will contribute three plots of land, owned by the group in Jeddah.

 

The company added that further developments will be announced later on.  

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.