Bena Properties has awarded Arabtec Holding a USD 67 million contract to build the Yasmeen Rotana Hotel in Damascus.
The National Investment Centre, a local company, has announced that it had won a contract to develop a tourism resort in Homs on BOT terms.
Safir Hotels and Resorts will manage its first property in Aleppo, after the signing of a management contract with Al-Shami, a local company.
The number of people that visited Syria in 2009 increased by 12 percent compared to the previous year, according to a statement from the Ministry of Tourism.
Aleppo’s Industrial and Agricultural Fairground, located in the centre of the city will see the rise of a large tourist development.
Kuwait Commercial Markets Complex Company (KCMCC) has announced that it was establishing a themed amusement park outside Damascus.
The Minister of Tourism, SaadAllah Agha Al-Qalaa, issued on December 30 a decree authorizing the construction of cable railways in Syria.
The Syrian Teachers Union inaugurated earlier this month a seven-storey hotel located in the coastal city of Tartous.
Nabil Mazloum, a Saudi Investor of Syrian origin will develop a 5-star hotel on BOT terms in Central Damascus.
A new hotel will go into service in Suweida at the beginning of 2010.
A group of businessmen led by AbdelQader Sabra is working on the development of a 4-star hotel on Arwad Island.
Hospes, a Spanish boutique hotels management firm, will operate its first property in Damascus in 2012.
The Kuwait Investment Authority plans to set-up a new opera house in Damascus, according to the Ministry of Tourism.
The number of tourists visiting Syria rose by around 11 percent in the first nine months of this year, according to the Ministry of Tourism.
The number of tourists visiting Syria grew 7.75 percent during the first eight months of this year compared to the same period of last year, according to the Ministry of Tourism.
Bank Credit Guarantees
Damascus Chamber of Commerce
Damascus International Fairground