Tata group exits from Taj Palace Hotel, Dubai

As per a PTI news report, Taj Hotels Resorts and Palaces, part of the Tata Group, announced yesterday that it has exited from the management of Taj Palace Hotel, Dubai, after 14 years of operations. It did not gave any reason for ending the management contract. Located at Deira, it was operating the hotel since 2001 and it was handed back to its owner – Juma Al Majid Group, on August 31 2015, the hospitality major said in a statement. 

“By virtue of a mutual agreement reached between the erstwhile partners, Taj Palace Hotel, Dubai, which has been successfully run by Taj Hotels Resorts and Palaces since 2001, will be handed back to the Juma Al Majid Group, on 31st August 2015,” the statement said. Source: (http://www.hospitalitybizindia.com)

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