STO signs agreement with Carlson Hotels

Friday, 21 March 2008 22:37

State Trading organization (STO) has signed an agreement with Carlson Hotels World Wide last Wednesday. Under the agreement the 5 star hotel that is to be constructed by STO would be managed by Carlson Hotels.

As part of the effort of STO to expand their range of business activities, STO is entering the lucrative tourism industry by constructing the 250 bed, 5 star hotel at Hulhumale’. The agreement on behalf of the Carlson Hotels was signed by the company’s President and Managing Director Rink. The agreement on behalf of STO was signed by CEO Ahmed Mohamed.

STO informs that Carlson Hotels World Wide is a famous American company engaged in hotel management. The company says the decision to sign the agreement with Carlson Hotels was reached after a lot of discussions with other as well.

The STO 5 star hotel constructed at Hulhumale’ is to be marketed under Radisson Hotels and Resorts of Carlson Hotels. Carlson Hotels manage hotels, resorts, cruise travels, restaurants under different brand names. Carlson Hotels operates 982 hotels in 82 countries says STO.

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