Seen in Emirates 24/7 - 27 May 2011
Al Habtoor Group, a UAE-based diversified conglomerate, will solely fund the world’s first Fashion Hotel in Dubai and is currently working with Fashion TV to finalise the location within the emirate, Emirates 24|7 can reveal.
Fashion hotel project in Dubai, UAE
“Fashion TV has made the concept designs, but not the detailed design. This will take some time. We also need to agree with Fashion TV management pertaining to location,” said Mohammed Al Habtoor, Vice-Chairman and CEO of Al Habtoor Group.
“The value of project has not been finalised and is under study. Fashion TV will not be investing in this project… we will be investing the money 100 per cent.”
Asked what has inspired the company to take a decision to bring Fashion Hotel to Dubai, Al Habtoor said: “Dubai is renowned for its pioneering iconic, mega structures, and we too would like to contribute to Dubai with a unique project. Being the pioneer of this new venture is another step forward for us.”
Read full story here: http://www.emirates247.com/news/world-s-first-fashion-hotel-in-dubai-2011-05-25-1.397089
