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Hotel Industry Giants Gather in Tehran

Tehran, 29 October 2005 (CHN) -- Tehran will be the host of hotel investors and builders of the world in November/December 2005 to familiarize them with the conditions of the industry in Iran.

The seminar of investment opportunities focusing on building 3-star hotels will be held for the first time ever in Iran. The proposal of holding such a seminar was suggested by Iran's Tourism Development Company which is planning the construction of one hundred 3-star hotels throughout Iran.

According to Mehdi Jahangiri, head of the Tourism Development Company which is an affiliate of the Cultural Heritage and Tourism Organization of Iran, within the last 5 months an advisor team has finished the identification of the proper locations for the hotels and classified them to groups one, two, and three. The company is planning on introducing these regions to the domestic and foreign investors who are willing to invest in building hotels in Iran during the upcoming investment opportunities seminar.

Authorities and high officials of provinces which enjoy the initial priorities for building hotel will also attend in the seminar to attempt to attract investors. According to Jahangiri, Boushehr, Kermanshah, Hamedan, Kerman, and Ardabil provinces are some of the provinces highly potential for receiving 3-star hotel investments.

Director of Iran's Cultural Heritage and Tourism Organization, Esfandiar Rahim Mashai will in the seminar talk of the supportive policies of the government for hotel investment.

The exact date of the gathering will soon be announced.

It will provide a good chance for the governmental sectors to show the investment capacities of Iran and to encourage big hotel owners of the world to invest in the country.

Until now, some of the famous chain hotel companies of the world such as Intercontinental and Accor have shown interest to build hotels in Iran, and the seminar will provide them with the chance to get more familiar with the investment capabilities in Iran.

In order to introduce the appropriate places for investment some pamphlets and CDs will be provided for the participants.

With just 157,000 beds in the lodgings of the country, Iran is facing a lot of problems in providing the necessary facilities to tourists, especially during the holiday seasons, when people are sometimes forced even to camp alongside the roads and in public areas.

... Payvand News - 10/29/05 ... --

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