Major Assignment in the Mediterranean and Arabian Gulf Regions

German Hotel Development Group, Feuring, is on expansion course - Projects range from Greece to Beir

. October 14, 2008

BERLIN, Germany, October 6, 2005. Feuring - Visionary Hotel Development has been assigned with the development of a hotel portfolio in the Middle East by the Kuwait National Real Estate Company (NREC) who are planning to build 50 new hotels in the upper three-star segment within the next few years. In the first edition of its corporate magazine "WINDROSE", Feuring - Visionary Hotel Development announced that work on the first of these projects, a development in Beirut/Lebanon, has already been started. "WINDROSE" will appear several times a year in DIN A4-format and will be sent to the group's business partners on the occasion of the EXPO REAL (from October 10th to 12th in Munich).

A further major project for Feuring - Visionary Hotel Development is the development of a luxury resort on the Greek West Peleponnes which is to be built on grounds 370,000 square metres in size and will comprise 125 room units and 268 luxury apartments. Plans include a large 3,600 square metres PGA-Golf course. The resort is to be run by a renowned international operator who will introduce the Mediterranean region to new quality standards in the up-grade hotel resort market. In order to meet the operator's requirements, guestrooms will have a size of at least 60 square metres!

One of Feuring - Visionary Hotel Development's further ongoing projects in the Middle East is an exclusive boutique hotel in a prime location of Kuwait City. This is a 127-room building and was designed by the Barcelona based architects Broadway Malyan.

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