News in brief: Jebel Ali, Pride, Maldives

Jebel Ali buys Dubai hotel:  Jebel Ali International Hotels has bought a 341-room, yet to be named hotel in Dubai, United Arab Emirates, for US$100 million.

Read more at Hotelier Middle East


Pride enters Kolkata:  Pride Group of Hotels announced that it will open its first property in eastern India with a 153-room hotel in Kolkata.

Read more at Travel Biz Monitor


Maldives unrest hurting tourism:  Political unrest in the Maldives is estimated to cost US$100 million in lost revenue, according to the Maldives Association of Tourism Industry.

Read more at Agence France-Presse


Half of Irish hotel loans non-performing:  A report issued by Ireland’s central bank shows that half of loans by Irish financial institutions to hotels and restaurants are non-performing.

Read more at Bloomberg Businessweek


Kerzner capex plan delayed:  Kerzner International Holdings Ltd acknowledged on Wednesday that its US$65 million capital improvement plan for its Paradise Island resorts is being delayed by its financial predicament.

Read more at The Tribune


Interstate to manage Streamsong:  The Mosaic Co. announced that Interstate Hotels & Resorts has been chosen to manage the Streamsong Resort, a Florida resort that is under development.