HOTAC decides to re-do financial studies on Shepherd Hotel renovations

The Holding Company for Tourism and Hotels (HOTAC) has decided to re-conduct the financial and feasibility studies on plans to renovate the Shepherd Hotel, HOTAC Chairman Mervat Hatba said. No details were provided on the initial expected cost of renovations. Cabinet had signed off on looking into partnering with an international firm on the hotel’s renovation back in May.