Syria cancels contract with Turkish hotel

Syria cancels contract with Turkish hotel

ISTANBUL - Hürriyet Daily News
The Syrian Ministry of Tourism has canceled a contract with Turkey-based Dedeman Hotels & Resorts International and the Dedeman Hotel Aleppo Dec. 29, according to Sana, Syria’s state-run news agency. 

Iyyad Selame, Syrian Ministry of Tourism legal transactions manager, was quoted by Sana as saying the owner of the property had the right to cancel the contract.

The Turkish firm had to provide at least 87.5 percent of the financial offer, but the firm had only provided 30 percent, the ministry said. The ministry was also preparing to review management contracts for Dedeman hotels in Damascus and Palmyra, a historical site in Homs province, Sana reported.

Selame claimed the Ministry of Tourism had posted a letter regarding the cancelation of the contract. However, Dedeman has not yet received any official notice from Syria, said Tamer Yürükoğlu, Dedeman Hotels & Resorts International CEO, according to the Anatolia news agency.