Tourism, Finance Ministries Unveil Plan to Slash Hotel Prices

Plan calls for fast-tracking development to add more rooms and send rates lower. But executives are skeptical

Rina Rozenberg Kandel

Nov 12, 2015 2:27 AM

The tourism and finance ministries unveiled a program Wednesday to fast-track construction of new hotels with the aim of adding thousands more rooms over the next five years, luring international chains to...

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