28th Apr 2014 10:25
LONDON (Alliance News) - ISG PLC Monday said it has secured its largest hotel project to date in Dubai, winning a project worth circa GBP21.0 million to refurbish all 393 rooms in the Kempinski Mall of the Emirates Hotel.
The scheme includes upgrading guest rooms, suites and ski chalets, meeting rooms, gym and spa facilities, as well as the refurbishment of the external façade of the building.
In addition, ISG said its overseas businesses continue to win retail and hospitality projects.
In the last two months the company has secured a further project with luxury brand Louis Vuitton to enlarge the retailer's existing store on Avenue Montaigne in Paris, as well as a project for Nike in La Defense.
ISG has also secured projects with lifestyle brand Abercrombie & Fitch in Chengdu, China, the refurbishment of the facade of Main Street, USA at Hong Kong Disneyland and a scheme in Malaysia at the Four Points Hotel.
"Our growing international reputation, diversified service offer and larger project capability makes ISG well positioned to take advantage of recovering overseas markets, especially in the hospitality and retail sectors," David Lawther, Chief Executive, said in a statement.
The company has also been awarded a Queen's Award for Enterprise in International Trade, which Lawther said is an "independent validation of our achievements to seek sustainable growth from overseas markets and further diversify our business."
Shares in ISG were trading 0.67% lower Monday morning at 295.00 pence per share.
By Samuel Agini; [email protected]; @samuelagini
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