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$7 million investment for hotel in Ain Raha
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An estimated $7 million will be invested into a 54-room hotel in Ail el Raha, Tannourine. The hotel is owned by Cascada Village proprietor Maurice Torbey and will open in July, 2017.
The hotel will be located on a 30,000 square meter (m2) plot of land and comply to environmental standards. It will house a spa and sports’ club, and will include a restaurant serving Lebanese cuisine.
Torbay also owns Cascada Village in Venezuela and other countries.
Reported by Rania Ghanem
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Date Posted:
Nov 01, 2016
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