Armani and Emaar to expand business
Italian fashion designer Giorgio Armani and Dubai’s Emaar Properties intend to triple to as many as 30 the number of luxury hotels they develop together on, Emaar’s chairman, Mohamed AlAbbar, was quoted as saying.
During 2005, Armani granted Emaar the right to build at least 10 luxury hotels and resorts during the next decade. “If we can do 25 or 30, somewhere around that number, that’ll be something we can work with,” AlAbbar said during the World Economic Forum at Davos.
- Emaar exhibits Burj Dubai at Armani/Teatro in Milan
- Emaar Hotels & Resorts strengthens core team in London for on-schedule launch of Armani Hotels
- Emaar to develop unique international collection of ”Armani Hotels and Resorts”
- Saxo Bank (Dubai) Ltd. participates and co-sponsors the 3rd Arabian Business Conference 2010