Emaar signs deal to push sales in China
Emaar Hospitality Group has signed a deal with Youli Hospitality Consulting to promote its Address branded hotels Address Hotels + Resorts and Vida Hotels and Resorts throughout China, in Beijing and Shanghai. The sales and marketing partnership will promote Emaar Hospitality Group among Chinese travel and tour operators in addition to driving Meetings, Incentives, and Conferences & Exhibitions (MICE) traffic covering leading corporates. Emaar is also developing the largest Chinatown in the Middle East at its new retail destination of the future, Dubai Square.
Emaar: AED4.57 as of 10 Jun. 2019, Rating: Buy, TP: 6.30/share, MCap: USD8,906mn, EMAAR UH/EMAR.DU