Development

City of Dreams is an integrated entertainment resort set to become the ‘must experience’ destination in Macau. It is being developed by Melco Crown Entertainment Limited (NASDAQ:MPEL), an entertainment company listed on the NASDAQ Global Select Market.

Fast-Growing Starwood Brand Renovated, Converted and Opened New-Build Hotels Resulting in a 70 Percent Turnover of Global Properties in Last Five Years

After six years in planning, the Atlantic Village Hotel & Marina complex is set to begin construction, bringing a new resort-style waterfront luxury hotel to Broward County.

Pent-up Demand Expected to Accelerate Sales in 2009 Second Half

Best Western International Asia has announced a strategic plan to expand into the Arabian Gulf Region, with 25 hotels targeted within 2010.

Hilton Hotels Corporation today announced the entry of the Doubletree by Hilton brand into the Middle East with the signing of a Management Agreement with Mohamed Ahmed Ali Hassan Ruqait for the Doubletree Suites by Hilton Ras Al Khaimah in the U.A.E set to open Q1 2010.

The Region’s Fastest Growing Hotel and Leisure Company Is On Track to Open Nearly 20 Best-in-Class Hotels by 2012

Officials of Crescent Hotels & Resorts today announced the company has added eight management contracts and is ahead of schedule to achieve its goal of adding 12 contracts to its portfolio by year’s end. The company added 18 hotels in 2008.

The Rezidor Hotel Group (STO:REZT) expands the portfolio in Morocco and announces the Radisson Blu Hotel, Marrakech Carré Eden. The property will feature 204 rooms and welcome the first guests in 2011.

Ramada Worldwide, one of the world’s leading international hotel chains with nearly 900 properties around the globe and a member of the Wyndham Hotel Group family of brands, today announced its continued expansion in the Middle East with the development of two new hotels: the 299-room Ramada® Plaza Kuwait City hotel in Kuwait and the 183-room Ramada Hotel and Suites Amman hotel in Jordan.