Russians attracted to UAE due to established luxury tourism product
An influx of wealthy Russians moving to the UAE will certainly do no harm for the nation’s economic prospects.
By
An influx of wealthy Russians moving to the UAE will certainly do no harm for the nation’s economic prospects.
ByThe company paused new hotel openings and all future hotel development and investment in Russia in March this year.
The company closed its corporate office in Moscow but will continue to support its employees.
ayers in the hotel sector have benefitted from franchise agreements over the years. The model has allowed for rapid growth…
ByThe news of Russia invading Ukraine at the end of February triggered a number of international sanctions and cessation of…
ByThe hospitality groups have closed their corporate offices in Moscow and are working to expand humanitarian efforts.
The group’s portfolio now has more than 43 hotels in operation and under development in Russia.
In 2022, Raffles will debut flagship locations in Doha and Jeddah.
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