The Syrian Ministry of Tourism is seeking investors to develop and manage a 4-star hotel property located in Central Damascus.
Amer Group, the company operating the Porto Tartous hospitality resort, will start selling units at the project this week, according to Reuters.
The number of tourists that entered Syria in 2010 stood at 8.5 million, a year-on-year increase of 40 percent, while tourist revenues rose 60 percent, confirming that the country’s tourism sector was finally getting closer to its potential.
The Ministry of Tourism is seeking consultants to conduct an integrated study for the development of the Island of Arwad, off Tartous.
Bena Properties has signed a syndicated loan agreement of USD 77 million to finance works at the Yasmeen Rotana Hotel in Damascus.
Depa has won the contract for the fit-out and loose furnishings of the Yasmeen Rotana Hotel in Damascus, the first contract the UAE-based company earns in Syria.
Porto Village Hotel, a hotel located in the Porto Tartous Development, previously known as Antaradus, will open its doors next month, according to Wahoud Group, the company developing the project.
Two new hotels have begun operations in Aleppo and were inaugurated on November 11 by the Prime Minister, Naji Otri.
Jumeirah, a UAE based group, will manage the 5-star hotel that will be part of Abraj Souria, a development by Souria Holding in the Baramkeh district of Damascus.
Tofarco, a Cypriot developer, has been selected by the Syrian Government to develop a pilot zone in the Snobar project, one of the largest real estate developments in the country.
Saco, a Saudi company specialized in the distribution of building materials, has signed a contract, for the development of a hotel in the Hijaz area of Damascus.
The number of tourists that entered Syria in the first nine months of 2010 stood at 6.6 million, a year-on-year increase of 46 percent, according to the Ministry of Tourism.
Salim Ramia and Ammar Sabbagh have established a joint-venture to run movie theatres in Syria.
Dedeman Hotels and Intourist Sinara have formally signed a management contract for the 4-star Joul Jammal Resort the latter is developing in Lattakia.
Al-Nour, a Charity based in Aleppo, has announced two calls for tenders to build a 3-star hotel and a hospital on a BOT basis in Syria’s northern city.


Royal Home Expo
Damascus International Fairground
Dental Care
Damascus International Fairground