Mongolian Economy and Finance

You’ve probably heard this before; the most effective way to get hotels built in China is by having folks fully inculcated in the culture and politics of the region on the ground.

Shangri-La Hotels and Resorts and Dubai-based real estate developer Nakheel have signed a letter of intent for Shangri-La to manage a 290-room hotel in The Palm Tower on Palm Jumeirah.

Traders Hotel, Dubai participated in the Arabian Travel Market (ATM) 2014 held from 5 to 8 May 2014 at the Dubai International Convention and Exhibition Centre.

Gran Melia Ulaanbaatar will become the 13th Gran Melia hotel worldwide, bringing its timeless and passionate luxury to the Mongolian capital.

The company signs its 1st property in Mongolia, 18th hotel in Asia Pacific

The 150-room hotel, to be added to the Gran Melia Hotels & Resorts luxury portfolio, is scheduled to be open in 2017.

Baz International and Melia Hotels International signed an agreement for management of the newly-built Gran Melia Ulaanbaatar.

THE first Meliá hotel in Mongolia will open in 2017, in the Bayanzurkh area of Ulan Bator, alongside the financial and government district.

SHANGHAI - Baz International and Melia Hotels International signed an agreement for management of the newly-built Gran Melia Ulaanbaatar. The 150-room hotel, to be added to the Gran Melia Hotels & Resorts luxury portfolio, is scheduled to be open in 2017.

Accommodations range from decent modern accommodations to abysmal modern accommodations to traditional gers (felt huts, stretched over a wooden frame—in all, a fabulous experience, but don't expect private baths or coed accommodations).

Abu Dhabi, 2 April 2014 - Shangri-La Hotel, Qaryat Al Beri, Abu Dhabi has been enjoying the success of receiving the 2014 Travellers' Choice award from TripAdvisor.

Shangri-La Hotels and Resorts will replace approximately two million complimentary print newspapers distributed annually to guests with environmentally-friendly digital versions beginning 29 March.

ULAANBAATAR, Mongolia--(BUSINESS WIRE)--

Round Table Pizza opened its first unit in Mongolia last month.

CHAMPAIGN — In the battle for the taste buds of downtown Champaign restaurant-goers, Irish has won out over Mongolian.

KFC shocked the fast food world last month when it announced that it had plans to start selling its fried chicken in Mongolia, which has mostly remained terra incognita for global fast food brands.

Mongolia is following the footsteps of its largest trading partner, China, whose first western food chain in 1987 was Yum! Brands’ KFC.

Restaurant Details

KFC will debut in Mongolian at some point this year through a partnership with Tavan Bogd Group.

KFC Corp. is continuing its Asia and worldwide expansion, with plans to add its first restaurant in Mongolia this year.