Steigenberger Hotels

Steigenberger Wiltcher’s has agreed to serve as the venue for the Iran Forum: Banking & Finance 2016 (the “Forum”) in Brussels on October 20-21, 2016.  According to its official website, the Forum is being organized by the Ravand Institute and the Flanders Investment & Trade Agency in conjunction with supporters, including Iranian government enterprises. (Iran Forum Website, “Homepage”).   (https://iranforum.com/#compliance)

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"A handful of mostly European hotel groups are looking to steal a march on their U.S. competitors by moving into the Iranian hospitality market while U.S. companies still face regulatory uncertainty... Abu Dhabi-based-Rotana Hotel Management Corp. PJSC, France’s Accor, Spain’s Meliá Hotels International  and Germany’s Steigenberger Hotel Group are all moving quickly in anticipation of a tourism and business boom... ... Frankfurt-based Steigenberger recently signed a letter of intent to open 10 hotels in Iran." (Reuters, "Iran Prepares for an Uptick in Tourism," 10/4/2016). (http://www.wsj.com/articles/iran-prepares-for-an-uptick-in-tourism-1475573404)

"Tourism officials announced last year that a group of Turkish business leaders and German luxury hotel firm Steigenberger Hotels have agreed to build 20 hotels in Iran in the next decade. However, based on Shirkavand's statements, it seems unlikely that any deal has been signed yet." (May 26, 2017)   (https://financialtribune.com/articles/economy-people/65229/iran-plans-to-build-20-high-quality-hotels-this-year)