Starwood, Accor reportedly in talks for $4B UAE complex

07/12/2007 | Reuters

Starwood Hotels & Resorts and Accor reportedly are in talks with Dubai officials regarding plans for a $4.02 billion project of hotels and offices in the UAE, reportedly in the new Dubai World Trade Center district. A Starwood spokeswoman would not comment beyond saying there was "no deal at the moment," and Accor declined to comment on the report.

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