BridgeStreet Worldwide and Tadmur Sign Franchise Agreement for Serviced Apartments in Doha, Qatar
BridgeStreet Worldwide, a leading international provider of serviced apartments, today announced it has signed its first franchise agreement with Tadmur Real Estate, W.L.L., in Doha, Qatar.
Herndon, VA (Vocus) November 18, 2008 -- BridgeStreet Worldwide, a leading international provider of serviced apartments, today announced it has signed its first franchise agreement with Tadmur Real Estate, W.L.L., in Doha, Qatar. Under the 10-year agreement, Tadmur Real Estate will operate four buildings with a total of 514 serviced apartments under the BridgeStreet brand.
As part of its strategic growth plan, BridgeStreet is offering a limited number of franchise agreements to companies outside the United States and Europe. "Franchisees will play an important part in expanding our global reach throughout emerging markets," stated Lee Curtis, president and chief executive offer of BridgeStreet Worldwide.
"We are very excited to be teaming up with Tadmur Real Estate as our first, fully branded franchise partner," adds Curtis. "Entering into the Doha market with such an esteemed organization compliments our recent venture in Dubai and firmly ingrains the BridgeStreet brand within the region."
To read the rest of this release, click here.
Business - Podcast Date: Mon, 17 Nov 2008 13:21:00 -0800
|