Steigenberger Group to Build 10 Hotels in Iran

By John Lee.

Germany’s Steigenberger Hotel Group is set to build 10 hotels across Iran over the next ten years.

The CEO of Steigenberger Hotels, Puneet Chhatwal (pictured), signed the agreement with the deputy director of Iran’s Cultural Heritage, Tourism, and Handicrafts Organization (CHTHO), Saeid Shirkavand, during a meeting at Tehran’s Espinas Palace Hotel, according to a report from Tehran Times.

The hotels will operate under the brands Steigenberger Hotels or InterCity Hotels.

CHTHO Director Masoud Soltanifar mentioned measures Iran has taken to facilitate tourism over the past two years, and outlined plans to increase the number of 4-star and 5-star hotels in the next ten years, saying:

“Iran will build 25 four- and five-star hotels annually in the future … the hotels will be built by Iran’s private sector and investors from other countries. Investors from Turkey and Azerbaijan signed agreements with CHTHO to build hotels in different parts of Iran recently.”

The Steigenberger Hotels CEO said that they are searching for an Iranian partner to build the hotels.

(Source: Tehran Times)

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