The California-based Viceroy Hotel Group is hoping to expand in the GCC with a hotel in Dubai and a total of five across the region over the next five years.
In an interview in Dubai, the Viceroy chief executive Bill Walshe said that globally, the hotel operator is expecting to double the size of its portfolio of 15 hotels over the next five years, with a focus on the GCC nations and Europe.Viceroy - which is half-owned by Mubadala, a strategic investment company owned by the Abu Dhabi Government - operates the curvaceous 500-bedroom Yas Viceroy hotel on the Formula One racetrack in Abu Dhabi, hopes to announce a deal to open in Dubai over the coming year, and is in discussions to set up shop in Riyadh.
Read more: http://www.thenational.ae/thenationalconversation/industry-insights/tourism/hotel-group-behind-abu-dhabis-yas-viceroy-in-gcc-expansion#ixzz2KQerK8h5
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