Starwood Hotels is Investing in a Hotel Resort in Dubai
Starwood Hotels and Resorts has announced, that they will be adding to their growing list of beautiful hotels, in Dubai. A new W Hotel will be built on The Palm Jumeirah, and is the 16th hotel in Dubai, owned and operated by Starwood.
The hotel, set to open in 2016, will bring a new level of luxury and style to the region and will add to it’s existing reputation; as a premium, quality hotel destination for tourists. As well, this new investment by Starwood Hotels and Resorts, will help Dubai become one of the most desired destinations for tourists; in the world.
While the financial crisis in Europe continues to cause a degree of uncertainty for most, some businesses and investors in the Middle East, are preparing for positive economic times ahead. Starwood Hotels and Resorts also owns another fifty hotels in the Middle East, and they have announced aggressive plans to open another thirty in the region, in the coming years.
Because of the reluctance of many traditional lending institutions to put capital at risk, there is an increasing need for investment lending from liquid private and/or public companies in the U.K.. This allows an opportunity for the entrepreneurial spirit to rise, and take advantage of the void in the marketplace.
China is making billion dollars investments, into the Caribbean. In the past decade, China has contributed hundreds of millions of dollars in grants and loans, as well as other forms of economic assistance to the region.