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Ishtar Sheraton announces 2019 profits
The Economy News - Baghdad
The management of Ishtar Sheraton Hotels Company, announced the profits in 2019.
The delegated director of the hotel, Abdul-Amir Al-Gharawi, said in a press conference held on Wednesday and followed by "Al-Iqtisad News", that the profits achieved during 2019 "amount to about 2 billion dinars", noting that "the profits achieved from growth and reducing public banks."
He added: "We have future plans for the hotel to increase revenues from several outlets, including room revenue, revenue for event halls and restaurant halls," adding that "there is a plan for the year 2020 and we expect its results to be good."
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