Saco, a Saudi company specialized in the distribution of building materials, has signed a contract, for the development of a hotel in the Hijaz area of Damascus.
The number of tourists that entered Syria in the first nine months of 2010 stood at 6.6 million, a year-on-year increase of 46 percent, according to the Ministry of Tourism.
Salim Ramia and Ammar Sabbagh have established a joint-venture to run movie theatres in Syria.
Dedeman Hotels and Intourist Sinara have formally signed a management contract for the 4-star Joul Jammal Resort the latter is developing in Lattakia.
Al-Noor, a Charity based in Aleppo, has announced two calls for tenders to build a 3-star hotel and a hospital on a BOT basis in Syria’s northern city.
Mina Mall, one of Tartous’ first commercial malls, will open its doors early October.
Drake & Scull International (DSI) has won a USD 23 million contract to conduct the mechanical, plumbing and engineering works at the Rotana Gardenia Hotel.
Tourism Promotion Services, the hotel management arm of the Aga Khan Network, has issued a request for expression of interest for building works on two hotel projects in Damascus and Aleppo.
Accor, one of the leading hotel operators in Europe, will manage a new property in Syria under the Mercure brand.
The number of hotels that have opened in Syria in the first half of 2010 reached 31 across all ratings, according to the Ministry of Tourism.
Loftus, a French company specialized in the construction and management of entertainment infrastructures, has signed an agreement to build an amusement centre in Homs.
The number of tourists having visited Syria in the first half of this year increased by 63 percent compared to the same period of last year according to the Ministry of Tourism.
Armitage, a new 5-star hotel, is opening its doors later this month in Central Damascus.
Accor has signed an agreement with Bena Properties to manage its first two properties in Syria under the Novotel and Ibis brands.
Arafeh Holding, a local manufacturing and trading group, mainly specialized in pharmaceutical products is diversifying into the hospitality sector.
Damascus International Fairground
EDU 2011 Damascus