Rachid Karami International Fair (RKIF) has decided to retake control of Quality Inn Hotel in Tripoli, which is managed by Services and Development.
RKIF wanted to return the hotel to its control, because the Furnish, Operate and Transfer (F.O.T) contract with Services and Development ended in 2017, according to Akram Oueida, Chairman of RKIF. "Services and Development hasn't paid its dues since 2014, which are $3.3 million," Oueida said.
The four-star hotel, which has 112 rooms, ...
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