ODH to increase hotel rooms by 500 by next summer season

Orascom Development Holding (ODH) aims to increase its international hotel capacity by 500 rooms to reach a total of 8,500 by the summer 2018, CEO Khaled Bichara said, according to Reuters. The company will add 120-150 rooms in Oman and is looking to establish two new hotels in Montenegro and in Switzerland, according to CEO Khaled Bichara. The company will also be expanding in Morocco and the UK in the next two years, he added.