28th Apr 2014 07:00
ISG plc
ISG Secures Major Dubai Hotel Scheme & Wins Queen's Award for International Trade
With the announcement that ISG has been awarded a Queen's Award for Enterprise in International Trade, the company has also secured its largest hotel project to date in Dubai, winning a circa £21 million project to comprehensively refurbish all 393 rooms in the iconic Kempinski Mall of the Emirates Hotel. The scheme encompasses 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.
Additionally, ISG's 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.
David Lawther, ISG Chief Executive, said:
"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. Securing a Queen's Award for International Trade is an independent validation of our achievements to seek sustainable growth from overseas markets and further diversify our business."
28 April 2014
Enquiries:
ISG plc | |
David Lawther, Chief Executive Officer | 020 7392 5250 |
Jonathan Houlton, Group Finance Director | |
Instinctif Partners | |
Matthew Smallwood, Helen Tarbet | 020 7457 2020 |
Numis Securities Ltd | |
Nominated Advisor: Michael Meade | 020 7260 1000 |
Corporate Broking: Ben Stoop |
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