Deal signed on three five-star hotels

Unique Group, the owning company of Westin Dhaka, and Starwood Hotels and Resorts Worldwide signed a memorandum of understanding (MoU) yesterday to build three five-star hotels in the country.
Mohammad Noor Ali, managing director of Unique Group, and Don Elliot, regional vice president of Starwood, signed the MoU.
Unique will invest around Tk 2,000 crore for the ventures, which will create over 6,500 direct and indirect job opportunities in the country's hospitality sector.
Starwood, the parent company of renowned global brands like Westin, Sheraton and Le Meridien, will act as the management company for the three hotels.
Dr Mashiur Rahman, economic affairs adviser to the prime minister, and Dr SA Samad, chairman of the Board of Investment, were also present.