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Hospitality

Waldorf Astoria Kuwait Opens

Waldorf Astoria Kuwait opens, making it Hilton’s third property in the country

Waldorf Astoria Kuwait is connected to The Avenues, the country’s largest retail, entertainment, and luxury lifestyle destination, and 15-minute drive away from Kuwait International Airport

Majid AL Futtaim announces H1 2022 results

Majid Al Futtaim reports 18% rise in EBITDA to Dhs1.9bn, revenue rises 15% to Dhs18bn

Majid Al Futtaim – Properties’ revenue rose 51 per cent to Dhs2.4bn, while EBITDA was up 27 per cent to Dhs1.4bn

Hussain-Sajwani Chairman DAMAC Properties

Damac Group’s Hussain Sajwani keen to explore investment opportunities in Germany

The company is looking to expand its footprint in Europe, having entered a joint venture in Denmark to build single family residential developments across Scandinavian countries

Airbnb readies $2bn buyback on surge in travel demand

Airbnb readies $2bn buyback on surge in travel demand

The San Francisco-based home-rental company said that nights and experiences booked in the second quarter rose 25 per cent to 103.7m

Kabir Mulchandani

The Five-by-Five rule: Interview with Kabir Mulchandani

Kabir Mulchandani, founder and chairman of Five Group speaks to Gulf Business on his hospitality chain’s trend setting journey to international expansion

GII and marriott collaborte to set up Autograph collection residences in UK_july 2022

Gulf Islamic Investments, Marriott partner to develop first standalone Autograph Collection Residences in UK

This is GII’s first property development project with a global hospitality provider and its second residential investment in the UK

Double Tree Hilton RAK acquired by Aldar

Aldar acquires Doubletree By Hilton Resort and Spa, takes total investment in RAK to Dhs2bn

The transaction ramps up Aldar’s expansion and growth strategy in Ras Al Khaimah following the acquisition of Al Hamra Mall and Rixos Bab Al Bahr earlier this year

Dubai Hotel occupancy rises in q2 2022l

UAE’s hotel sector shows strong growth in Q2 2022: JLL

Dubai saw the completion of around 500 keys in Q2 2022, which led to the city’s total hotel stock reaching 144,000

Jumeirah group opens resort in OMan

Dubai’s Jumeirah Group debuts resort in Oman

Jumeirah Muscat Bay is set in the secluded cove of Bandar Jissah between the Hajar mountains and Gulf of Oman, and is 15 minutes away from Muscat

Accor ADCB Raffles The Palm Dubai

Accor, ADCB partner to launch ALL-ADCB credit card in the UAE

The ALL-ADCB Infinite and Signature credit cards offer members benefits at over 30 Accor properties in the UAE

Voco

Voco Dubai The Palm hotel set to open in the fall of 2022

It will be IHG Hotels & Resorts first property on Palm Jumeirah

Jumeirah Group

Jumeirah Group launches new lounge at Dubai International Airport

The Jumeirah Airport Lounge offers travellers a taste of the brand’s hospitality

Kerzner takes over management of Dubai’s Bab Al Shams resort

Kerzner has assumed management of luxury desert resort Bab Al Shams under Rare Finds, a new vertical that will manage a collection of diverse and unique resorts

Germany’s Deutsche Hospitality partners with Al Hamra

Deutsche Hospitality will manage Al Hamra Residences and Al Hamra Village Hotel, which will rebrand as Steigenberger Residences and MAXX by Deutsche Hospitality

UAE hospitality brand Stella Stays to accept cryptocurrencies

Customers will be able to complete online transactions by paying in Bitcoin, Ethereum and over 35 altcoins directly through Stella Stays’ website

Dubai SME and Khalifa Fund announce collaboration to leverage Gulfood

The collaboration will enable UAE-based SMEs to gain easy access to new markets

Saudi Crown Prince unveils new hospitality brand to revive kingdom’s heritage

The Boutique Group will transform historic and cultural palaces into luxurious boutique hotels in Saudi Arabia

Abu Dhabi Fund for Development announces investment in Thailand’s tourism, hospitality sector

The properties in which the fund is investing have more than 760 rooms combined

Alpha Dhabi Holding begins hiring process in support of Nafis initiative for Emiratis

The company offers potential for progress and growth in the fields of construction, healthcare, hospitality, industry and investment in promising sectors.

Abu Dhabi’s Yas Bay Waterfront to open on December 1

The waterfront is minutes away from Yas Island’s attractions, including Ferrari World Abu Dhabi, Yas Waterworld and CLYMB

Hospitality

How to future-proof your hospitality business in a post-pandemic era

Hospitality businesses don’t have to reinvent the wheel, but they can convert their venues into profit centres

Marriott W Dubai - Mina Seyahi

Marriott to open W Dubai – Mina Seyahi in 2022

The 31-storey hotel will feature 318 guestrooms, including 26 suites and an Extreme Wow Suite

Saudi’s Red Sea project signs agreements for nine hotels with 1,700 keys

The nine hotels are part of the 16 properties currently under development in the first phase of the project

Saudi’s Dar Al Arkan and Katara Hospitality join hands to develop sea-front project in Qatar

The project marks Dar Al Arkan’s first entry into Qatar with the aim of driving the development of the luxury property market

Explainer: Has the UAE’s hospitality sector recovered from the Covid-19 pandemic?

The hospitality sector is one small part of the Expo ecosystem but the event is fueling medium- and long-term growth within the space, opines Haitham Mattar, managing director for India, Middle East and Africa, IHG Hotels & Resorts

Address emaar Istanbul

Emaar’s Address Hotels opens first property outside of UAE in Istanbul

The development, which is part of Emaar Square, is located on the Asian side of Istanbul

In pics: Saudi reveals new luxury mountain resort as part of the Red Sea project

Work on the 60-key property began in July 2021

Dubai companies including Emaar, Emirates hiring again as Covid crisis eases

Businesses in Dubai’s travel and tourism industry in August saw the sharpest increases in activity and new work in over two years

Hotels

UAE records 62% hotel occupancy rate in H1 2021

The country’s hotel and tourism establishments attracted nearly 8.3 million guests during this period

Video, pics: Inside Expo 2020 Dubai’s only onsite hotel

Located adjacent to Al Wasl Plaza, Rove Expo 2020 features 331 rooms and suites