Depal wins $33m Versace hotel contract

You probably remember all the fuss over the new Versace hotel in that fabled place of restraint and good taste, Dubai.

Well now the hotel owners have handed out the fitting contract - and very tasty it is too. Dubai-based Depa Limited has won a $32.7 million cheque to organise the interiors of the hotel rooms and furnished apartments.

The hotel is part of the $395 million Palazzo Versace resort, which is itself in Culture Village a multi-billion dollar project being developed by Dubai properties in Dubai creek.

The hotel is due for completion on April 30 2010, but will all that money still be merrily swilling around by then?

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