Swiss-Belhotel International inks development venture with Vault Management Consultants
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Swiss-Belhotel International recently signed a joint venture agreement with Vault Group as part the global expansion of both parties.
The agreement focuses on development of hotel management services, systems and investment support. The agreement was signed in Dubai by Sultan Ali Lootah, managing partner of Vault Management Consultants and Gavin M Faull, chairman and president of Swiss-Belhotel International.
“The shift towards a green and smart environment is an important move especially when it is in line with UAE’s vision of promoting use of alternative energy to preserve natural resources and rationalize expenditure,” said Sultan Al Lootah.
There are developments in technology systems, which include energy management, building management and other smart hotel solutions as well as information technology systems. Both parties will work together on joint development opportunities in these specialised areas.
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