The Red Sea destination unveils Shura Island: A new era of luxury tourism begins this September
The Red Sea destination announces that the first resorts and attractions on Shura Island will begin opening to guests in the coming weeks.
The Red Sea destination announces that the first resorts and attractions on Shura Island will begin opening to guests in the coming weeks.
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® by Wyndham brand in the Kingdom of Saudi Arabia. With plans to open 100 hotels over the next ten years, the agreement reinforces Wyndham's long-term commitment to quality, accessible and sustainable hospitality development in the region.
JLL released its latest report, ‘Unlocking the investment potential in Saudi Arabia’s hotel industry’, highlighting the Kingdom's rapid ascent in the global tourism landscape which is creating unique investment opportunities in both its established and emerging cities for forward-thinking investors.
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 developer, the trio of hotels, Hotel Indigo Jeddah Gate, InterContinental Al Khobar Al Hamra, and voco Al Khobar Al Andalus, further cement IHG’s commitment to the Kingdom’s tourism ambitions and Saudi Vision 2030.
Radisson Hotel Group, one of the world’s leading hotel groups, reaffirms its commitment to the Kingdom of Saudi Arabia and the broader Middle East region as it prepares to participate in the Future Hospitality Summit (FHS) this May in Riyadh. With a focus on shaping the future of the regional hospitality sector, the Group continues its ambitious growth, aligning closely with the Kingdom’s Vision 2030.
Step into a significant new chapter in the Kingdom of Saudi Arabia with Fairmont Hotels & Resorts, part of the world leading hospitality group Accor. Recognized among the most storied addresses in the world and celebrating the best of each destination, Fairmont Hotels & Resorts will embrace culture in all its forms with three new Saudi openings - Fairmont Red Sea opening end of 2025, Fairmont Ajdan Al Khobar in 2027 and Fairmont Rua Madinah in 2028. Aligned with the Kingdom’s Saudi Vision 2030, this signifies a new stronghold in the Kingdom and bolsters the brand’s record-breaking pipeline.
Gewan Hotels & Resorts, a subsidiary of NG9 Holding, has officially announced its entry into the Egyptian market with the signing of five management agreements for new hotels and resorts. This expansion adds over 1,000 rooms to Gewan's growing portfolio and marks the brand's first step into one of the region's most prominent hospitality and tourism destinations.
Jumeirah, a global leader in luxury hospitality and a member of Dubai Holding, has announced the development of three new addresses in Dubai. In line with Jumeirah’s Mission 2030 strategy and its focus on growth and diversification, the upcoming additions will include a hotel and two residences.
Oravel Stays has announced the launch of SUDNAY Emirates Grand Hotel as part of its plans to add 15 SUNDAY Hotels in Dubai in 2025. The hotel is located next to the Financial Center metro station. Some of the key destinations in Dubai such as Burj Khalifa, Dubai Mall, Dubai World Trade Center, Emmar Square, The Dubai Fountain, DIFC (Dubai International Financial Center), Dubai Frame, Museum of Future and Dubai Aquarium & Underwater Zoo are located within the four-kilometer radius.
ONE Development, the UAE’s AI-driven boutique lifestyle property developer based in Abu Dhabi and Dubai has launched ONE/AD, an innovative endeavour set to disrupt the hospitality industry as the first musical themed boutique hotel integrating AI, music and wellness. Co-founded by ONE Development and the entertainment legend, superstar Amr Diab, DO Boutique Hotels is orchestrating a fusion of bold design, wellness, evocative music and AI.
Accor, a world-leading hospitality group, and Naif Alrajhi Investment, are proud to announce the signing of the first TRIBE and TRIBE Living addresses in Saudi Arabia within King Salman Park project. This milestone reflects both TRIBE’s ambitious global expansion and the Saudi Vision 2030 to create vibrant urban spaces that inspire residents and visitors alike. This follows the King Salman Park Foundation's announcement last year to develop the first real estate investment plot within King Salman Park, in partnership with Naif Alrajhi Investment.
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 feature over 1,200 rooms across three of the company’s brands – Courtyard by Marriott, Four Points by Sheraton and Residence Inn by Marriott.
Aldar, the UAE’s leading real estate developer, investor, and manager, today announced the launch of Abu Dhabi’s first-ever Mandarin Oriental Residences, located within Saadiyat Cultural District. Designed by Bjarke Ingels Group, the 226 unique and luxurious residences will be managed by Mandarin Oriental Hotel Group and sales launch on 21 November 2024.
Dusit International, one of Thailand’s leading hotel and property development companies, has signed a Memorandum of Understanding (MoU) with Tourism Development Fund (TDF), the national enabler of the tourism sector in Saudi Arabia, to establish a preliminary framework for developing hospitality projects that will enhance the country’s tourism infrastructure.
IHG Hotels & Resorts, one of the world’s leading hotel companies, has signed a management agreement with Maxim Hotels and Resorts Management to bring the Vignette Collection brand to Egypt with a signing in Port Said. Scheduled to open its doors in December 2027, Vignette Collection Hotel Royal Maxim Port Said will seamlessly blend heritage and contemporary hospitality, offering guests a luxurious yet authentic experience.
IHG Hotels & Resorts, one of the world’s leading hotel companies, is significantly expanding its UAE presence through a strategic partnership with Aldar, the country’s leading real estate developer, investor, and manager.
This executive summary will provide novice hotel investors, new owners, and hotel associates new insights into hotel investments in Dubai. The hospitality industry in Dubai presents lucrative investment opportunities for business investors seeking to capitalize on the city's status as a global tourism and business hub. Investing in the hospitality industry in Dubai requires a thorough understanding of the market dynamics, the key factors that drive success as illustrated in Figure 1.0, and the challenges that investors may face.
Indian Hotels Company (IHCL), India’s largest hospitality company, announced the signing of a luxury hotel and boutique resort in the Kingdom of Bahrain, both under its iconic Taj brand. These greenfield projects mark a significant milestone as IHCL becomes the first Indian hospitality company to establish a presence in the Kingdom of Bahrain, further cementing its footprint in the Middle East.
Accor, a world-leading hospitality group, has signed a milestone agreement with Naia Developments to develop two Swissôtel addresses, marking the brand’s debut on Egypt’s Mediterranean coast in Ras El Hekma.
IHG® Hotels & Resorts, one of the world’s leading hotel companies, has signed a management agreement with Urbnlanes Development to bring two new Crowne Plaza hotels to Egypt. The dual signings will see the introduction of Crowne Plaza Cairo New Administrative Capital and the Crowne Plaza New Cairo Yellow.