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Press Release

Hotel Projects Under Construction in the Middle East Increase 8% YOY at Q1 2025

The Q1 2025 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) reveals, at the Q1 close, the hotel construction pipeline in the region increased to 634 projects/158,656 rooms, up 4% by projects and 10% by roo...

Lodging Econometrics
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Hotel Openings
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Hotel Projects Under Construction in the Middle East Increase 8% YOY at Q1 202516 May 2025Lodging EconometricsSupply Construction
Hotel Projects Under Construction in the Middle East Increase 8% YOY at Q1 2025
Wyndham and Le Park Concord to Launch 100 Super 8® Hotels Across Saudi Arabia in Landmark 10-Year Deal
Press Release

Wyndham and Le Park Concord to Launch 100 Super 8® Hotels Across Saudi Arabia in Landmark 10-Year Deal

Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,300 hotels spanning more than 95 countries, has entered into an exclusive development agreement with Le Park Concord Company to launch its iconic Super 8® b...

Wyndham Hotels & Resorts
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Super 8
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Partnerships, Mergers & Acquisitions
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Wyndham and Le Park Concord to Launch 100 Super 8® Hotels Across Saudi Arabia in Landmark 10-Year Deal14 May 2025WyndhamSupply Construction
Wyndham and Le Park Concord to Launch 100 Super 8® Hotels Across Saudi Arabia in Landmark 10-Year Deal
IHG Hotels & Resorts and Ashaad Company Announces Three New Hotel Signings across Jeddah and Al Khobar
Press Release

IHG Hotels & Resorts and Ashaad Company Announces Three New Hotel Signings across Jeddah and Al Khobar

IHG Hotels & Resorts, one of the world’s leading hospitality companies, has announced the signing of three new hotels in the Kingdom of Saudi Arabia at Future Hospitality Summit Riyadh 2025. In partnership with Ashaad, a leading Saudi real estate de...

IHG Hotels & Resorts
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InterContinental
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Indigo
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voco hotels
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Supply Construction
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IHG Hotels & Resorts and Ashaad Company Announces Three New Hotel Signings across Jeddah and Al Khobar13 May 2025IHGSupply Construction
IHG Hotels & Resorts and Ashaad Company Announces Three New Hotel Signings across Jeddah and Al Khobar
Press Release

Saudi Arabia and Egypt Lead Middle East’s Hotel Pipeline with Record Room Counts in Q4 2024

According to the Q4 2024 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) states that at the close of the fourth quarter, the region’s total pipeline stands at 619 projects/155,428 rooms. The region shows c...

Lodging Econometrics
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Hotel Openings
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Real Estate & Investment
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Supply Construction
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Saudi Arabia and Egypt Lead Middle East’s Hotel Pipeline with Record Room Counts in Q4 202419 February 2025Lodging EconometricsSupply Construction
Saudi Arabia and Egypt Lead Middle East’s Hotel Pipeline with Record Room Counts in Q4 2024
Marriott International Signs Agreement With Knowledge Economic City to Open Three Hotels in Madinah, Saudi Arabia
Press Release

Marriott International Signs Agreement With Knowledge Economic City to Open Three Hotels in Madinah, Saudi Arabia

Marriott International, Inc. announced it has signed an agreement with Knowledge Economic City (KEC) to open three hotels within the Holy City of Madinah in Saudi Arabia. The anticipated openings will be part of the KEC master-development and featur...

Marriott International, Inc.
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Courtyard
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Marriott International Signs Agreement With Knowledge Economic City to Open Three Hotels in Madinah, Saudi Arabia 5 December 2024MarriottSupply Construction
Marriott International Signs Agreement With Knowledge Economic City to Open Three Hotels in Madinah, Saudi Arabia
Press Release

Middle East Hotel Construction Pipeline Marks Highest Year-Over-Year Project Growth Since 2018

The Q4 2023 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) states that at the close of the fourth quarter, the region’s total pipeline stands at 607 projects/145,984 rooms. The region boasts an impressive...

Lodging Econometrics
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Hotel Openings
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Real Estate & Investment
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Supply Construction
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Middle East Hotel Construction Pipeline Marks Highest Year-Over-Year Project Growth Since 201823 February 2024Lodging EconometricsSupply Construction
Middle East Hotel Construction Pipeline Marks Highest Year-Over-Year Project Growth Since 2018
IHG® signs MOU with the Saudi Tourism Authority
Press Release

IHG® signs MOU with the Saudi Tourism Authority

IHG® Hotels & Resorts, one of the world’s leading hotel companies with more than 6,000 hotels, across 18 distinct brands, has signed a Memorandum of Understanding (MOU) with the Saudi Tourism Authority (STA) at the Arabian Travel Market 2023.

IHG Hotels & Resorts
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Partnerships, Mergers & Acquisitions
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IHG® signs MOU with the Saudi Tourism Authority 2 May 2023IHGSupply Construction
IHG® signs MOU with the Saudi Tourism Authority