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Nakheel
Press Release
September 2, 2016

Nakheel to partner with Hilton Worldwide for new hotel at Dubai’s Jumeirah Village

Dubai master developer Nakheel today signed a Letter of Intent with Hilton Worldwide to manage a new, 256-room hotel at Jumeirah Village Triangle.

Nakheel
Nakheel
Dubai, United Arab Emirates
Atlas Hotels
Press Release
August 30, 2016

Atlas Hotels Opens its 9th Tel Aviv Hotel on Rothschild Boulevard

TEL AVIV, Israel -- Set in an impressive round building with eight floors on the corner of Rothschild and Nahmani, the new stylish urban boutique hotel, 65 Hotel, will open on September 1st, 2016. Combining understated elegance and luxurious comfort all 74 spacious rooms in the hotel offer magnificent city views.

Atlas Hotels
Atlas Hotels
Tel Aviv, Israel
Radisson Hotel Group (RHG)
Press Release
August 29, 2016

Rezidor announces three new hotels in the UAE strengthening its footprint in the region

Rezidor, one of the most dynamic hotel companies worldwide and part of the Carlson Rezidor Hotel Group, announces the signing of three new properties in the UAE: the Radisson Blu Hotel, Dubai Waterfront and the Park Inn by Radisson Resort Ras Al Khaimah Marjan Island will already welcome the first guests in Q2-2017. The Radisson Blu Hotel, Dubai Canal View will open its doors in Q1-2018.

Radisson Hotel Group Rhg
Radisson Hotel Group
United Arab Emirates
Hilton Worldwide Family/group
Press Release
August 25, 2016

Hilton to Introduce Two New Brands to Kuwait at The Avenues Mall

Hilton and Al-Rai Real Estate Co - owned by Mabanee Co - announced plans today which will seeConrad Hotels & Resorts, Hilton's smart luxury hotel brand, and midscaleHilton Garden Inn open their doors to guests in early 2019. The development forms part of an ambitious expansion project which will see almost $1billion devoted towards solidifying the position of The Avenues Mall in Kuwait City as one of the world's top retail destinations.

Hilton Favicon
Hilton
Kuwait
Starwood Hotels & Resorts
Press Release
August 15, 2016

Starwood Expands Its Presence in Saudi Arabia with New Sheraton in Makkah

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced its further expansion in the Kingdom of Saudi Arabia with the signing of a new Sheraton in the holy city of Makkah. Owned by Altayyar Travel Group Holding Company (TDWL: ALTAYYAR AB), Sheraton Makkah Jabal Al Kaaba is scheduled to open by the end of the year. The hotel is located close to the new expansion of the mosque and will provide guests with special access and views of the holy Haram.

Starwood Hotels & Resorts
Starwood
Makkah, Saudi Arabia
Kempinski Hotels & Resorts
Press Release
August 15, 2016

Gemstone Real Estate Development selects Kempinski Residences SA to operate its prestigious Business Bay Tower

Gemstone Real Estate Development (Gemstone), announced today the signing of a strategic partnership with Kempinski Residences S.A. (Kempinski) to manage and operate its new project: Kempinski Residences Business Bay.

Kempinski Hotels
Kempinski
Dubai, United Arab Emirates
Warwick International Hotels
Press Release
August 15, 2016

Warwick Hotels And Resorts' Collection Welcomes The Mist Hotel & Spa

Warwick Hotels and Resorts is proud to announce a new addition to its Collection, The Mist Hotel & Spa By Warwick, located in Ehden – Lebanon. The luxurious Hotel, situated in the northern mountains of Lebanon, around 1 hour and half away from Lebanon's capital Beirut, opened its door early July 2016. It boasts spectacular views of Ehden valley & the Mediterranean Sea horizon and benefits from Ehden's famous location on the Mar Sarkis Moutain overlooking coastal towns and villages and of the region gastronomy. The Mist Hotel & Spa is conveniently located within walking distance of all this village's attractions.

Warwick International Hotels
WIH
Ehden , Lebanon
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Dusit Hotels & Resorts
Press Release
August 15, 2016

Dusit and ACES Development to open DusitPrincess ACES in Middle East

Dusit Hotels and Resorts recently signed a Management Agreement with ACES Property Development to operate DusitPrincess ACES Dubai, a new hotel apartment project within Jumeirah Village Circle, Dubai, in the United Arab Emirates. This will be Dusit Hotels and Resorts' sixth property in the Middle East.

Dusit Hotels & Resorts
Dusit
Dubai, United Arab Emirates
Swiss International Hotels
Press Release
August 4, 2016

Swiss International to open hotel in Riyadh, Saudi Arabia with Swiss Spirit Hotel & Suites

Swiss International proudly announces the opening of Swiss Spirit Hotel & Suites Metropolitan in Riyadh which is expected to start its operations by the end of 2016. The new facility's location at the Olaya District, also known as the commercial heart of the city serves as a huge leverage point for the brand as it draws not only the travellers interested in business but also the shopaholics interested in luxury shopping allowing a larger influx of guests to the property.

Swiss International Hotels
Swiss International Hotels & Resorts
Riyadh, Saudi Arabia
Hard Rock International logo
Press Release
July 28, 2016

Hard Rock Hotel Dubai Marina, The First Hard Rock Hotel In The Middle East

The City of Gold is about to take on a new attitude with the addition of Hard Rock Hotel Dubai Marina. Of course, we're not moving in quietly. As our first hotel in the United Arab Emirates, we are making our mark in Dubai's second tallest building, the Marina 101 development. Rock stars finally have a place to call home in the UAE, with 288 decked out rooms in the first 33 floors of this 101-story masterpiece.

Hard Rock Favicon
Hard Rock
Dubai, United Arab Emirates
Hospitality Asset Managers Association (HAMA)
Press Release
July 25, 2016

HAMA MEA Hosts First General Assembly

The Middle Eastern affiliate of the globally renowned Hospitality Asset Managers Association (HAMA) hosted its first annual general assembly during AHIC 2016. The event was attended by professional asset managers & senior executives from leading Hospitality real estate investment organizations from across the region.

Hospitality Asset Managers Association (HAMA)
HAMA USA
United Arab Emirates
Press Release
July 22, 2016

The Emirates Academy of Hospitality Management Partners with Hospitality Asset Managers Association MEA

The Emirates Academy of Hospitality Management (EAHM), one of the world's leading hospitality management schools and part of Jumeirah Group, recently signed a cooperation agreement with the Hospitality Asset Managers Association of Middle East and Africa (HAMA MEA).

Dubai, United Arab Emirates
Rotana Hotels
Press Release
July 21, 2016

Centro Shaheen Jeddah, first lifestyle affordable hotel brand in KSA prepares for opening

Rotana, is getting ready to celebrate the opening of its first hotel in Jeddah, Saudi Arabia, the Centro Shaheen Jeddah. Perfectly suited for business and leisure travelers, the Centro Shaheen features 252 modern, stylish, contemporary and affordable rooms and studios.

Rotana Hotels
Rotana
Jeddah, Saudi Arabia
Logo 'HVS International'
Press Release
July 13, 2016

Renewed hope for Israel’s hotels as investor interest shows growth, says HVS report

London -- Israel’s hotel pipeline remains strong and, buoyed by new laws facilitating hotel developments, investor interest is expected to grow further in the country, according to a new report from global hotel consultancy HVS.While the impact of continuing terrorist activity has resulted in fewer visitors travelling to Israel, those cities with strong corporate-driven business, such as Tel Aviv, have proven to be more resilient than mainly leisure-driven markets such as Jerusalem and the Dead Sea area, the report highlights.“Over the past year, the country saw a 25% drop in the number of Russian visitors, while Italian visitation fell by 19%. As a result, hotel occupancies and average rates have been under pressure,” said report co-author Jill Barthel, associate, HVS London.Despite this, the number of visitors from Germany, the UK and France has improved since the 2014 summer conflict, with the German and UK markets proving particularly resilient, recording remarkable growth of around 20% and 18% in 2015, respectively. “Not only did visitor numbers from those markets rise, but also the investment appetite of both domestic and international developers seems unsatiated,” added Barthel.Israel currently has a healthy development pipeline of some 7,600 hotel rooms. Around 2,000 of these are affiliated with international hotel brands, accounting for 27% of the total pipeline. The strongest investment interest is being shown in Jerusalem and Tel Aviv, as well as the northern coastal areas. A new regulation, introduced by the Knesset earlier this year aiming to speed up the completion of hotel developments and enable up to 20% of each hotel to be classified for residential purposes, is expected to stimulate demand further still.Nevertheless, the number of bednights accounted for by international visitors to Israel fell in 2015 by 10.5%, indicating that many people reduced their stays. Airbnb has also claimed around 5% of hotel bednights, constituting a non-neglectable competitor to regular hotels whose impact the Israel Hotel Association is actively trying to limit by fighting for the implementation of tax laws and stricter regulation on this market.“The overall outlook for Israel isn’t as negative as might be perceived though, considering the prevailing geo-political environment. Overall, investment appetite in the country has not weakened over the past year so the outlook for Israel’s hotel sector gives reason for positivity and renewed hope,” concluded Russell Kett, chairman, HVS London.To download a full copy of the report Trends and opportunities: Israel Hotel market Overiew 2016 by Russell Kett and Jill Barthel click http://www.hvs.com/article/7731/israel-hotel-market-overview-2016/

HVS Favicon
HVS
Israel
Kempinski Hotels & Resorts
Press Release
July 1, 2016

Kempinski Hotels Unveils Kempinski Al Othman Hotel Al Khobar

Kempinski Al Othman Hotel Al Khobar has officially opened its doors to welcome visitors and guests. As Europe's oldest luxury hotel group, Kempinski is synonymous with personal service and hospitality. It is complemented by the exclusivity and individuality of its properties, personified in its new hotel located on at the crossroads of Al Khobar, Dhahran and Dammam on King Saud Road offering spectacular view of the city.

Kempinski Hotels
Kempinski
Al Khobar, Saudi Arabia
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Swiss International Hotels
Press Release
June 28, 2016

Swiss International enters the Kingdom of Bahrain with the signing of the Swiss International Palace Hotel

The Palace hotel (formerly known as the Ramada Palace hotel) concluded a franchise agreement with Swiss International, with effect from July 1, 2016. The signing took place on Monday June 20th at the hotel in Gudaibiya Avenue Road in Manama, Bahrain. The Managing Director of the owning company, Sheikh Mohammad Sajid and the Chairman of Swiss International, Mr. Henri Kennedie signed the agreement in the presence of the management team of the hotel, under the guidance of Mr. Harish K. Bhojwani, the hotel's General Manager.

Swiss International Hotels
Swiss International Hotels & Resorts
Manama, Bahrain
Sekari
Opinion Article
June 27, 2016

Dubai Parks and Resorts on track to open in October

Dubai Parks & Resorts (DPR), the Middle East's largest integrated theme park destination, is set to open its many gates to the public in October this year. This massive amusement park in Dubai will incorporate motiongate™ Dubai, Bollywood Parks™ Dubai, Legoland® Dubai and Legoland® Water Park. Each of these unique parks will offer guests a variety of entertainment options that have been built to international standards.

Patience Klaas
By Patience Klaas, Outreach Executive, Sekari
Dubai, United Arab Emirates
Swiss International Hotels
Press Release
June 23, 2016

Swiss International signs Agreement with Al Zamil Real Estate Group for hotel in Al Qassim

Swiss International is glad to announce the signing of the management agreement with the Al Zamil real estate group to develop the Swiss International Hotel & Resort at Al Qassim Touristic city project.

Swiss International Hotels
Swiss International Hotels & Resorts
Al Qassim, Saudi Arabia
InterContinental Hotels Group (IHG)
Press Release
June 20, 2016

Second Galveston Resort Joins The Holiday Inn Club Vacations® Brand

The Holiday Inn Club Vacations® brand, developed and exclusively operated by Orange Lake Holdings through a marketing alliance with InterContinental Hotels Group (IHG), announced today the addition of the 230-villa Galveston Seaside Resort to the Holiday Inn Club Vacations brand portfolio. The Holiday Inn Club Vacations brand now includes 22 resorts with more than 6,900 villas in 12 states. A new sales center is also under construction at the resort, which will provide additional Holiday Inn Club® sales opportunities in the Texas market.

IHG Hotels & Resorts
IHG
Galveston, Texas, United Arab Emirates
Radisson Hotel Group (RHG)
Press Release
June 17, 2016

Rezidor announces two new hotels in Dammam, Saudi Arabia

Rezidor, one of the most dynamic hotel companies worldwide and part of the Carlson Rezidor Hotel Group, announces two new hotels in Dammam: the mid-scale Park Inn by Radisson Hotel & Residence Dammam Industrial City will feature 300 units and open in 2016. The upper-upscale Radisson Blu Hotel Dammam Al Faisaliyah with 260 keys is scheduled to welcome the first guests in 2018. Rezidor already operates a Park Inn by Radisson in Dammam, so increases its local portfolio to 3 hotels with 650 rooms and serviced apartments.

Radisson Hotel Group Rhg
Radisson Hotel Group
Dammam, Saudi Arabia
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World Panel

Shockwaves and Tailwinds: The Real Commercial Impact of Middle East Tensions

Peter Szabo
By Peter Szabo
Expert Views (9)
Philip Bacon
Philip Bacon

Ongoing geopolitical tensions across the Middle East are having a real commercial impact on hospitality, tourism and leisure businesses worldwide. Uncertainty is now shaping how travellers make decisions — where they go, how far ahead they book, and how confident they feel about travel at all.Airspace restrictions and rising operating costs have dampened visitor demand in some regions, while destinations seen as safer alternatives — particularly in Southern Europe, Asia and the Americas — are picking up displaced demand, especially at the luxury and ultra-luxury end of the market, notoriously oblivious of geopolitical tensions.Investors and developers are also treading more carefully.

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