IFA in talks to sell Fairmont Dubai

05/7/2013 | Hotel Management online

IFA Hotels & Resorts is talking with investors in the Middle East about selling the Fairmont Dubai, according to Bloomberg. Gabriel Matar, Jones Lang LaSalle's head of hotels in the Middle East and Africa, said a deal could come in the third quarter. IFA is partly owned by Saudi billionaire Prince Alwaleed Bin Talal.

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