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1. Eight Hotels in Dubai Investments Park to provide more than 1,500 Rooms: Eight Hotels in Dubai Investments Park to provide more than 1,500 Rooms. Dubai Investments Park (DIP), a wholly-owned subsidiary of Dubai Investments, is investing more than AED 1 billion in the hospitality sector as it aims to address the increasing demand for quality hotel facilities in Dubai. In addition to a recently launched 165-room luxury hotel, DIP will offer more than 1,50

2. Zabeel Investments rebrands Tiara Hotels & Resorts as Essque Hotels: Zabeel Investments rebrands Tiara Hotels & Resorts as Essque Hotels. Zabeel Investments’ flagship hospitality brand, Tiara Hotels & Resorts, has adopted a new brand name - Essque Hotels - as it gears up to open its first property in 2009.

3. Jones Lang LaSalle Hotels sells Traders Hotel Kunshan: Jones Lang LaSalle Hotels sells Traders Hotel Kunshan. As exclusive advisor to First Shanghai Direct Investments, a subsidiary company of First Shanghai Investments Limited and a private investor, Jones Lang LaSalle Hotels arranged the sale of the Traders Hotel Kunshan to Kingdom Hotel Investments, for approximately US$ 58 million.

4. International Hotel Investments welcomes Istithmar Hotels of Dubai as New Strategic Investor and: International Hotel Investments welcomes Istithmar Hotels of Dubai as New Strategic Investor and Partner. International Hotel Investments of Malta is increasing its issued capital to over Euro 500,000,000, welcoming Istithmar Hotels of Dubai as a new strategic investor and partner.

5. Standard Life Investments Sponsors British & Irish Lions: Standard Life Investments has sponsored the world famous British & Irish Lions rugby jersey for the 2017 tour of New Zealand. The company has taken over the spot on the front of the British & Irish Lions jersey from HSBC.

6. Airlines and Airports to Invest US$33 Billion on IT in 2017: According to the SITA 2017 Air Transport IT Trends Insights released on Tuesday, airlines and airports will spend nearly US$33 billion on IT this year. Top of the agenda for CIOs at both airlines and airports, are investments in cyber security and cloud services. In addition, they are prioritizing investments in passenger self-service.