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Dubai's Emaar announces net profit rise of 80% to Dhs6.8bn, riding on record property sales

Dubai’s Emaar sees 80% net profit rise to Dhs6.8bn, supported by record property sales

Emaar’s group property sales in 2022 reached $9.5bn, primarily driven by new project launches

Jumeirah Group acquires Le Richemond in Geneva

Dubai’s Jumeirah Group acquires property in Geneva, expands presence in Europe

The art deco property features 109 keys with 87 rooms and 22 suites, offering panoramic views across Lac Léman and the mountain peaks of Mont Blanc

Yalago stats photo Dubai Media Office

Emirates Group’s Yalago records 92% rise in hotel bookings in 2022

According to the wholesale specialist, travellers are spending 30 per cent more per booking, taking on more extensive meal plans such as all-inclusive, and booking five-star hotels as a majority

Abu Dhabi hotels enjoy a good year in 2022_GettyImages-1316754718

Abu Dhabi hotels generate Dhs5.4bn in revenue in 2022

The average revenue per available room was Dhs263, up 19 per cent

Yotel to open hotel in Neom's Oxagon by 2025

London-based Yotel announces first hotel in NEOM’s Oxagon in Saudi Arabia

The new announcement reflects Yotel’s plans to grow both management and franchised projects in the Middle East region, as part of its larger strategy to reach 50 hotels by 2025

Beyonce

Beyonce launches $100,000-a-night Dubai resort’s next chapter

Atlantis The Royal opened on the weekend with Beyonce performing for an audience of VIPs for a reported $24m

Sheikh Mohammed bin Rashid visit Atlantis The Royal_photo courtesy Dubai Media Office

Sheikh Mohammed visits Atlantis The Royal, Dubai’s latest iconic landmark

The ultra-luxury resort’s ‘grand reveal’ took place on January 21, with celebrities in attendance from all over the world

Arada awards Dhs475m contract to build Vida Aljada hotel complex in Sharjah

Sharjah’s Arada awards Dhs475m contract to build Vida Aljada hotel complex

The contract to build the four-building complex was awarded to a Dubai-based company with civil and industrial construction experience

Neom selects GHM to manage The Chedi Trojena

NEOM Hotel Development selects GHM to manage The Chedi Trojena in Saudi Arabia

The Chedi Trojena will serve as a luxurious sanctuary in the Gulf’s first outdoor ski resort

Dubai Hotels occupancy rises in December 2022, shares STR

Dubai’s hotel industry ends 2022 on a high note

The occupancy rate recorded for December was 76.6 per cent, with an average daily rate of Dhs892.84 and revenue per available room at Dhs684.03

Red Sea project render

Saudi Arabia: The Red Sea to join exclusive Serandipians’ luxury network

Upon completion in 2030, The Red Sea will comprise 50 resorts, offering up to 8,000 hotel rooms and over 1,000 residential properties across 22 islands and six inland sites

Hotels Courtesy Dubai Media Office

12 stunning new hotels in the Middle East that demand a visit

We look at some of the most interesting hotels scheduled to open in the Middle East in 2023

Dubai Investments breaks ground on Danah bay

Dubai Investments breaks ground on Dhs1bn Danah Bay project on Al Marjan Island

Danah Bay will be a premium beach community with a resort-style retreat in Ras Al Khaimah

In pics: Marriott Hotels unveils first resort in Dubai

The Marriott Resort Palm Jumeirah is spread across 7,000 square metres and features 10 dining concepts

Dubai's La Mer South to be redeveloped, renamed J1 Beach

Dubai’s La Mer South to be redeveloped, renamed J1 Beach

The revamped destination is set to welcome guests by end of 2023

Limestone Lab announces partnership with Aura Hospitality Group

The collaboration will see Limestone Lab’s Social Distrikt venue open in Qatar, launching as the second branch of the experiential urban food hall

Alpha Dhabi launches lifestyle vertical with investment in Nammos Group

This came as a result of its joint venture partnership with Monterock International, an investment company with a focus on hospitality and F&B sectors

Revealed: Winners of the Gulf Business Awards 2022

The awards celebrated stalwarts and companies from across the region’s business landscape

Al Taif Business Centre

Al Taif Investments set to open 5-star hotel, mall in Fujairah by end of year  

The mall is getting ready to open doors to shoppers and has signed up with Step-in Group, a retail company that represents both international and national brands

Ennismore to build hotels at the Ski Village in TROJENA, NEOM

NEOM Hotel Development names Ennismore as inaugural hotel partner for Trojena

Morgans Originals and 25hours Hotels will be the first two Ennismore brands to be unveiled at Trojena by NEOM

Delta Hotels by Marriott debuts in Qatar

The 32-storey hotel is home to 320 rooms

Federico Cerimonia, Sonder

Hospitality trends: The rising popularity of holiday homes

Federico Cerimonia, the general manager of Sonder, a tech-enabled hospitality company, tells Gulf Business about the growing preference for holiday homes among travellers visiting Dubai

Radisson Resort Ras Al Khaimah Lobby

Radisson Hotel Group announces ambitious expansion plans for Middle East region

The group currently operates 52 properties in the Middle East with more than 11,000 keys, catering to evolving and diverse customer needs

Dubai Investment launches Danah Bay in Al Marjan

Dubai Investments launches Danah Bay, a premium beachfront community in Ras Al Khaimah

Spanning an area of approximately 90,000 square metres, the project offers a variety of freehold residential options

Marriott Resort Palm Jumeirah, Dubai

Marriott International to open over 20 properties across the Middle East

Marriott International’s current portfolio across the Middle East comprises 150 properties with more than 40,000 rooms across 21 brands, in 11 countries and territories

Abu Dhabi National Hotels to invest over Dhs1bn to develop a luxury resort on RAK’s Al Marjan Island

The luxury resort will complement Abu Dhabi National Hotels’ existing portfolio across Abu Dhabi and Dubai

Damac Hills 2 Rotana

Rotana announces new properties under Edge by Rotana brand in Dubai

The Edge by Rotana-managed hotels, Arabian Park and Damac Hills 2, will open in October and November 2022 respectively

Ghassan Aboud’s Crystalbrook collection acquires Sydney harbour hotel for AUD100m

The newly acquired hotel occupies a 1,825sqm site, with 176 rooms spread across two buildings

ADNEC rebrands and unveils new coporate identity

Abu Dhabi National Exhibitions Company unveils new corporate identity

The new corporate identity reflects ADNEC Group’s refreshed vision and mission, as it seeks to expand both in business terms and geographically

Naji Haddad_Deliverect_Middle East General Manager

The future of cloud kitchens: Efficiency, growth, expansion and more

Customer demand for outstanding food delivered directly to their door is rising