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Hospitality

Damac Properties launches new Paramount-branded Dubai hotel tower

Damac’s latest hospitality project is an 826-key luxury hotel and residences tower on Sheikh Zayed Road.

Accor opens 15th Saudi hotel, Suite Novotel Riyadh Dyar

The new midscale property is the French group’s fifth hotel in Riyadh

Dubai hotels: Doors wide open, but are people coming?

Dubai’s hotel operators have traditionally seen high levels of occupancy. But with currency devaluation and growing supply, how is the industry coping?

Dubai hotels saw revenues drop between Jan-Apr – EY

The recent drop in oil prices along with a decrease in travel from Russia and Europe caused the slump

Jean-Georges Dubai Opens JG Dining Room

Michelin-star chef’s arrival raises the stakes in city’s competitive F&B scene

Saudi’s Kingdom Holding sells 50% stake in Mauritius resort to JV partner

Kingdom Holding, owned by Prince Alwaleed Bin Talal, sold its stake in Four Seasons Resort Mauritius to Sun Resorts.

Dubai’s Marka to invest Dhs250m in 2015, eyes two deals

The company is looking to close deals in the UAE’s hospitality and retail sectors, officials said.

Emaar says IPO for hospitality unit remains on hold

The Dubai-based company has said that the IPO for EHG will be dependent on the right market conditions.

Low Oil Prices, Weak Euro Impact Middle East Hotel Revenues

The decline in the number of tourists, especially from Russia, has pushed down the revenue per available room across the hotels in the Middle East.

Dubai World Central Signs Deals For Three New Hotels

The opening of Aloft, Studio M and Millennium will see the addition of around 1,300 new hotel rooms.

Starwood To Double Its Middle East Portfolio In 5 Years

The group’s mid-market brands represent nearly 50 per cent of the company’s pipeline in the region.

Marriott Boss Plays Down Mega Deal With Starwood

The senior official did not completely rule out the idea of a takeover saying there are “constantly deals in our industry”.

Rotana Plans Expansion Into Europe, London In Focus

The group is looking to open a hotel in London in order to attract GCC tourists travelling to the UK.

Hyatt To Launch New Brands In GCC, Expand Presence

At least nine new Hyatt-branded hotels are expected to open across the GCC by 2017A

Dubai’s Damac Launches New Hotel Villa Concept Within Akoya Oxygen

Villas range from three to six bedroom units with prices starting at Dhs1.7 million.

Abu Dhabi Sovereign Wealth Fund To Buy HK Hotels In $2.4bn Deal

A JV formed by New World and ADIA will buy stakes in three Hong Kong hotels.

Gloria Hotel To Embark On Dhs80 Million Revamp

Major four-star hotel to phase in room upgrades that reflect latest design trends.

Dubai ‘Can Take A Canopy’ Says Hilton Brands Chief

Hilton’s new neighbourhood brand targets districts with strong local flavour

InterContinental Signs Deal For UAE’s First Hotel Indigo

The 285-room property will be located in Dubai’s Business Bay.

SKAI Rebrands Jumeirah Village Circle Property To Viceroy

The newly branded hotel is scheduled for operation in 2018.

Minor Hotel Group, Qatari Diar Partner For Two Anantara Resorts

The new resorts are planned for Tunisia and Morocco.

Mövenpick Plans Dubai Media City Hotel

Th 251-room property will be located opposite Dubai Media City’s new Dhs4.5 billion innovation hub.

Taj Dubai Set For April Launch

Located in the Downtown district,Taj Dubai is the Indian luxury operator’s second Dubai hotel.

Luxury Developer Damac Opens Two New Hotel Apartments In Dubai

DAMAC Maison The Vogue and NAIA Breeze have a joint capacity of more than 500 suites.

Habtoor Grand Eyes European Guests From Autograph Tie-Up

Partnership provides Habtoor with greater access to global markets and Marriott with a direct beach offering

First Tryp Hotel In UAE Opens

Wyndham’s brand enters the underserved select-service mid-market

Dubai Hotel Guests Cross 11.6m, Up 5.6% In 2014

Revenues of hotels and hotel establishments rose 9.8 per cent last year to reach Dhs23.9 billion, officials said.

Jumeirah To Open Bodrum Resort In Turkey This May

Jumeirah will soon have a second property in Turkey and second resort in Europe

Four Seasons Bahrain Officially Opens

Luxury operator’s arrival further stokes competition in the Kingdom’s five-star sphere

First Look: Hyatt Regency Dubai Creek Heights

The two-tower complex – split between 464 hotel rooms and 405 apartments – overlooks Dubai Healthcare City.