ARRIVALS Former Istithmar Top Gun Appointed to IFA
Category: Hotels, Posted:13 Jan 2010 | 06:00 am
Former head of troubled Dubai World hospitality affiliate Istithmar Joe Sita has been appointed as President of IFA Hotel Investments. The ground is part of IFA Hotels and Resorts which have a market cap of over US$1 billion and are listed on stock bourses in Kuwait and Johannesburg.
IFA Hotels and Resorts have carefully tried to distance themselves from the Dubai World and Nakheel financial crises; and are the controlling shareholders of Thai listed property firm Raimon Land.
Destination Ink Radisson For Patong HotelCategory: Hotels, Posted:12 Mar 2023 | 23:16 pm Phuket’s hotel brand conversion trend is continuing, with the latest move having Radisson sign a deal for a 390-room hotel in Patong. Owned by the Destination Group, the property will be branded as a Radisson. This is the fourth recent conversion by Destination with one more Radisson and two Holiday Inns by IHG. Expect more […]