Damac’s latest hospitality project is an 826-key luxury hotel and residences tower on Sheikh Zayed Road.
The new midscale property is the French group’s fifth hotel in Riyadh
Dubai’s hotel operators have traditionally seen high levels of occupancy. But with currency devaluation and growing supply, how is the industry coping?
The recent drop in oil prices along with a decrease in travel from Russia and Europe caused the slump
Michelin-star chef’s arrival raises the stakes in city’s competitive F&B scene
Kingdom Holding, owned by Prince Alwaleed Bin Talal, sold its stake in Four Seasons Resort Mauritius to Sun Resorts.
The company is looking to close deals in the UAE’s hospitality and retail sectors, officials said.
The Dubai-based company has said that the IPO for EHG will be dependent on the right market conditions.
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.
The opening of Aloft, Studio M and Millennium will see the addition of around 1,300 new hotel rooms.
The group’s mid-market brands represent nearly 50 per cent of the company’s pipeline in the region.
The senior official did not completely rule out the idea of a takeover saying there are “constantly deals in our industry”.
The group is looking to open a hotel in London in order to attract GCC tourists travelling to the UK.
At least nine new Hyatt-branded hotels are expected to open across the GCC by 2017A
Villas range from three to six bedroom units with prices starting at Dhs1.7 million.
A JV formed by New World and ADIA will buy stakes in three Hong Kong hotels.
Major four-star hotel to phase in room upgrades that reflect latest design trends.
Hilton’s new neighbourhood brand targets districts with strong local flavour
The 285-room property will be located in Dubai’s Business Bay.
The newly branded hotel is scheduled for operation in 2018.
The new resorts are planned for Tunisia and Morocco.
Th 251-room property will be located opposite Dubai Media City’s new Dhs4.5 billion innovation hub.
Located in the Downtown district,Taj Dubai is the Indian luxury operator’s second Dubai hotel.
DAMAC Maison The Vogue and NAIA Breeze have a joint capacity of more than 500 suites.
Partnership provides Habtoor with greater access to global markets and Marriott with a direct beach offering
Wyndham’s brand enters the underserved select-service mid-market
Revenues of hotels and hotel establishments rose 9.8 per cent last year to reach Dhs23.9 billion, officials said.
Jumeirah will soon have a second property in Turkey and second resort in Europe
Luxury operator’s arrival further stokes competition in the Kingdom’s five-star sphere
The two-tower complex – split between 464 hotel rooms and 405 apartments – overlooks Dubai Healthcare City.