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Opinion Article

July 27, 2023

Focus on Investment and Innovation within Abu Dhabi’s Leisure and Entertainment Industry

The theme for the Future Hospitality Summit (FHS) 2023, taking place from 25-27 September at Hilton Abu Dhabi Yas Island in Abu Dhabi, is ‘Focus on investment’. The conference programme will comprise several content tracks under the main theme, including Investment, Operating Models, Innovation, the Future of Tourism and ESG. In the lead up to the event we asked several industry partners about their focus on investment in 2023 and beyond.

By Taghrid Alsaeed, Executive Director – Group Communications and Destination Marketing, The Bench

United Arab Emirates

July 20, 2023

IHG Hotels & Resorts continues expansion in Saudi Arabia with Hotel Indigo in NEOM’s Oxagon

IHG® Hotels & Resorts, one of the world’s leading hotel companies, with 6000 hotels across 18 brands, has signed a franchise agreement that will see a Hotel Indigo property open in Oxagon, a coastal industrial city in NEOM, located in the Northwest region of Saudi Arabia.

Oxagon, Saudi Arabia

July 4, 2023

First speakers announced for Future Hospitality Summit and 19th edition of Arabian Hotel Investment Conference in Abu Dhabi

The Future Hospitality Summit (FHS) has confirmed the first speakers for the region’s flagship hospitality investment platform taking place from 25-27 September at Hilton Abu Dhabi Yas Island.

Abu Dhabi, United Arab Emirates

External Article

June 1, 2023

Boutique Group CEO interview: How Mark DeCocinis is transforming Saudi palaces into world-class hotels

Despite the name, there is nothing small about the scope or scale of Saudi Arabia’s Boutique Group. A home-grown firm turning palaces and historical buildings into ultra-luxury hotels, Boutique Group has ambitions to become one of the world’s most important hospitality majors. Green-lit by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, Chairman of the Council for Economic and Development Affairs, and Chairman of the Public Investment Fund (PIF), Boutique Group is more than a hotel company, it is a vessel to take Saudi culture to the world.

hoteliermiddleeast.com and Boutique Group

External Article

May 31, 2023

Sheikh Mohammed announces new Palm Jebel Ali project, twice the area of Dubai's iconic Palm Jumeirah island

The Dubai Ruler on Wednesday announced a new incredible project: Palm Jebel Ali, a development that will be twice the size of Palm Jumeirah.

khaleejtimes.com

Dubai, United Arab Emirates

May 30, 2023

Hilton and Saudi Tourism Authority Sign MoU for Collaboration on Attracting Visitors to the Kingdom

Global hospitality leader Hilton (NYSE: HLT), announced it has signed a memorandum of understanding (MoU) with the Saudi Tourism Authority (STA) towards exploring cooperation opportunities between the two entities and developing creative content, with the aim of attracting visitors from key markets across the Middle East and Africa to the Kingdom.

May 17, 2023

Accor accelerates growth in Saudi Arabia while boldly redefining hospitality with multi-faceted projects

Accor, a world-leading hospitality group, is pleased to provide an update on its ambitious expansion plans throughout Saudi Arabia, in keeping with the company’s commitment to support Saudi Arabia Vision 2030. Pivotal to these plans, are three recently announced signings with key strategic owning partners for exciting new hospitality projects: The Rua Al Madinah project, in Madinah; a master-planned development project in Riyadh; and, a multi-city, master development agreement with Amsa Hospitality.

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May 17, 2023

IHG to open 12 ‘ Next Generation’ Holiday Inn Express hotels across Saudi Arabia under MDA with Tashyid for Hotel Operations

IHG® Hotels & Resorts, one of the world’s leading hotel companies with more than 6,000 hotels, across 18 distinct brands, has signed a Master Development Agreement (MDA) with Tashyid for Hotel Operations, which will see the development of 12 hotels and 2,500 keys under the Holiday Inn Express brand across the Kingdom of Saudi Arabia. With Ministry of Tourism encouraging such investments in the Kingdom, the signing took place in the presence Mr. Mahmoud Abdulhadi, Deputy Minister for Destination Enablement.

May 17, 2023

Minor Hotels Announces Partnership with Tourism Development Fund of Saudi Arabia to Develop Unique Hospitality and Lifestyle Projects

Minor Hotels, a hotel owner, operator and investor, currently with a portfolio of 530 hotels and resorts in 56 countries across Asia Pacific, the Middle East, Europe, the Americas, Africa and the Indian Ocean, announces the signing of a Memorandum of Understanding (MoU) with Saudi Arabia’s Tourism Development Fund to jointly develop and operate high-quality hospitality and lifestyle projects focused on mountain resorts, wellness resorts and urban hotels within the Kingdom. The first project under this partnership is expected to be announced in H2 this year.

May 16, 2023

Accor and Erth Real Estate Partner for Three New Hotels in Riyadh, Kingdom of Saudi Arabia

Accor, a world-leading hospitality group, in partnership with Erth Real Estate Company, today announced that it will open three new hotels in Riyadh, Kingdom of Saudi Arabia, as part of a new master planned development project. The forthcoming luxury hospitality community will include a 230-key Raffles hotel, a 250-key Sofitel Serviced Residence, and a 60-villa MGallery resort, all set to open by 2027. The multi-faceted community will also include office towers, residential towers, and retail space, all built around a centrally located garden area.

Riyadh, Saudi Arabia

May 15, 2023

IHG continues to strengthen Egypt portfolio with two new signings in Cairo

IHG Hotels & Resorts, one of the world’s leading hotel companies, has strengthened its partnership with one of the leading developers in Egypt, Arkan Palm for Real Estate Investment, to build two more hotels in the capital city — InterContinental West Cairo 205 scheduled for a January 2028 opening and the voco West Cairo 205 Suites, set to open by June 2026.

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May 2, 2023

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.

May 2, 2023

IMARAT Hospitality and Marriott International: A Partnership to Redefine Hospitality in Pakistan

Pakistan's hospitality industry is on the rise, and IMARAT Hospitality is at the forefront of this exciting transformation.

April 18, 2023

IHG Hotels & Resorts announces the launch of Holiday Inn Express brand in Saudi Arabia

IHG® Hotels & Resorts, one of the world’s leading hotel companies with more than 6,000 hotels, across 18 distinct brands, has signed a management agreement with Riyadh-based Al Woroud Real Estate to bring one of the world’s largest and most loved hotel brands, Holiday Inn Express, to the Kingdom. The latest signing will strengthen the company’s mainstream offering in Riyadh and provide an elevated, smart offering to cater to new international and Saudi guest segments, as part of Saudi Vision 2030 strategy for tourism.

March 29, 2023

IHG to bring another voco hotel to Saudi Arabia as the brand gains momentum across the region

IHG® Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a management agreement with Jurmaz Hotels Company to bring a new voco hotel to the centre of Riyadh. The voco Hotel and Suites Riyadh North is set to open its doors in 2026 as the next stride forward in IHG’s ambitious regional growth strategy for the premium brand.

Riyadh, Saudi Arabia

March 22, 2023

IHG expands luxury and premium hospitality offering in Egypt with triple hotel signing, in partnership with Arabella Group

IHG® Hotels & Resorts, one of the world’s leading hotel companies, has signed a management agreement with Arabella Group to develop three new hotels in Egypt between 2023 and 2026.

March 22, 2023

Radisson Hotel Group is further expanding in Pakistan with the signing of two new hotels in the capital

Radisson Hotel Group announces the signing of two new hotels in Islamabad and the debut of a third brand in the country, with the signing of Park Inn by Radisson Serviced Apartments Islamabad as well as Radisson Hotel Bahria Town Islamabad. The two newly built hotels are scheduled to open at the end of 2028 and are both being developed by Al Jamal Group, a long-standing player in the real estate sector.

Radisson Hotel Group

March 22, 2023

Radisson Hotel Group signs two new hotels in Pakistan

Radisson Hotel Group, one of the world's leading hotel groups, announces the signing of two new hotels in Islamabad, Pakistan. This underlines the Group’s commitment to expanding its footprint in the South Asian market. The two new hotels, Radisson Blu Hotel & Residences, Islamabad, and Radisson Hotel Islamabad Multi Gardens are set to open in the next three years.

Radisson Hotel Group

March 21, 2023

Marriott International Inks Landmark Agreement With Rua Al Madinah Holding Company to Open Eight Hotels in Saudi Arabia

Marriott International, Inc. announced it has signed an agreement with Rua Al Madinah Holding Company to open eight hotels in the Holy City of Madinah in Saudi Arabia. Located in close proximity to the Prophet’s Mosque, Al Masjid An Nabawi, the planned properties will be part of the Rua Al Madinah Project which aims to elevate the service and travel experience for visitors of Madinah. The anticipated openings will feature approximately 4,400 rooms across eight of the company’s brands – The Ritz-Carlton, JW Marriott, Marriott Hotels, Westin Hotels & Resorts, Le Méridien Hotels & Resorts, Four Points by Sheraton, Aloft Hotels, and Courtyard by Marriott.

Madinah, Saudi Arabia

March 9, 2023

Marriott International Signs Agreement With Neom to Open Three Properties Within Luxury Island Destination Sindalah

Marriott International, Inc. announced it has signed an agreement with NEOM to open three properties on its luxury island destination Sindalah, situated in the Red Sea off the northwest coast of Saudi Arabia. The multi-deal agreement includes Saudi Arabia’s first Autograph Collection Hotels property, as well as two Luxury Collection properties.

Sindalah, Saudi Arabia