FIVE hotel group chief keeps watch on risk of MidEast flare-up as it eyes IPO
"But it remains to be seen how much this escalates and only then we will know," he added, in one of the first comments from the hospitality industry since Saturday night's attack. FIVE owns one of Dubai's biggest party hotels, where guests can park their supercars inside a nightclub for 10,000 dirhams (USD 2,723). It also offers an even more exclusive party in the sky for the super-rich on its own 16-passenger private jet for USD 14,000 an hour.
"But it remains to be seen how much this escalates and only then we will know," he added, in one of the first comments from the hospitality industry since Saturday night's attack. FIVE owns one of Dubai's biggest party hotels, where guests can park their supercars inside a nightclub for 10,000 dirhams (USD 2,723). It also offers an even more exclusive party in the sky for the super-rich on its own 16-passenger private jet for USD 14,000 an hour.
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