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Radisson Hotel Group (RHG)
Press Release
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 Rhg
Radisson Hotel Group
Pakistan
Radisson Hotel Group (RHG)
Press Release
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 Rhg
Radisson Hotel Group
Pakistan
Marriott International, Inc.
Press Release
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.

Marriott
Marriott
Madinah, Saudi Arabia
Marriott International, Inc.
Press Release
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.

Marriott
Marriott
Sindalah, Saudi Arabia
Logo 'Four Seasons Hotels and Resorts'
Press Release
February 28, 2023

Four Seasons and Red Sea Global to Introduce New Resort in Saudi Arabia’s Luxury Lifestyle Destination

Leading luxury hospitality company Four Seasons Hotels and Resorts and Red Sea Global (RSG), a closed joint stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia, announce plans to introduce a Four Seasons Resort as part of The Red Sea masterplan development.

Four Seasons Favicon
Four Seasons
Saudi Arabia
Hotelier Middle East
External Article
February 17, 2023

What is The Mukaab: Saudi’s next giga-project, the size of 20 Empire State Buildings

Saudi Arabia’s Crown Prince has unveiled The Mukaab, a 400 metre-high, wide and long indoor super-city in the centre of Riyadh. Large enough to hold 20 Empire State Buildings, there are hopes the PIF-backed giga-project becomes a new global icon of technology, sustainability, mobility and Saudi innovation.

Hotelier Middle East
hoteliermiddleeast.com
Saudi Arabia
Global Hyatt Corporation
Press Release
February 6, 2023

Hyatt Signs Agreement With Rua Al Madinah Holding Company to Bring Three New Hotels to the Kingdom of Saudi Arabia

​Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into management agreements with Rua Al Madinah Holding Company to manage three new Hyatt-branded hotels, including Grand Hyatt Madinah, Hyatt Regency Madinah and Hyatt Place Madinah. Upon opening, these properties will participate in the World of Hyatt loyalty program and will add a combined 1,729 room keys to Hyatt’s portfolio in the Kingdom of Saudi Arabia, significantly expanding Hyatt’s brand presence in the country and demonstrating its commitment to strategic growth of its portfolio in key markets that matter to its guests, World of Hyatt members, customers and owners.

Global Hyatt Corporation
Hyatt
Saudi Arabia
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Tambourine
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Diriyah Gate Development Authority
Press Release
December 6, 2022

Diriyah Gate Development Authority Signs 16 New Global Hotel Brands to its Hospitality Portfolio

Diriyah Gate Development Authority (DGDA), responsible for the transformation of Diriyah, the birthplace of the Kingdom of Saudi Arabia, into one of the greatest gathering places in the world, today announces adding 16 new global hotel brands to its already impressive hospitality portfolio which includes 16 additional global brands. Bringing the total to 32 hotel management agreements with the world’s most prestigious hotel brands, with our first hotel planned to open in 2023.

Diriyah Gate Development Authority
Diriyah Gate Development Authority
Saudi Arabia
The Indian Hotels Company Limited (IHCL)
Press Release
December 2, 2022

IHCL Signs its 250th Hotel in The Kingdom of Saudi Arabia

Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of its milestone 250th hotel in Saudia Arabia. The Taj-branded hotel is in partnership with the Diriyah Gate Development Authority (DGDA), who are responsible for the transformation of the historic city of Diriyah, The City of Earth, into a world-class mixed-use development. The hotel will be part of the Diriyah project, located in close proximity from downtown Riyadh, which envisions the location’s development as an international cultural and lifestyle destination inspired by the birth place of the Kingdom of Saudi Arabia.

The Indian Hotels Company Limited (IHCL)
IHCL
Saudi Arabia
Trump Organization
Press Release
November 22, 2022

Dar Al Arkan introduces Trump signature villas, hotel, and golf course at its hilltop project 'AIDA' in Muscat, Oman

Dar Al Arkan, the leading real estate company in Saudi Arabia, and The Trump Organization signed an agreement in New York to develop a signature Trump Resort, including residential villas, a hotel, and a golf course in the AIDA project. Located in Muscat, the 100-meter-high hilltop development is one of the largest premium mixed-use real estate projects in the world, situated by the sea.

Trump Organization
Trump
Muscat, Oman
Imarat Group
Press Release
November 10, 2022

IMARAT signs Agreement to Construct its Fourth Hotel in Collaboration with Marriott International

IMARAT Group has signed a franchise agreement with Marriott International to develop a Courtyard by Marriott project in DHA Multan. The signing ceremony took place at Marriott International’s Office in Dubai.

Imarat Group
Imarat Group
Multan, Pakistan
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Kerzner International Holdings
Press Release
November 4, 2022

Tiësto and Tate McRae Partner with Atlantis The Royal, for New Single “10:35”

GRAMMY® Award-winning, RIAA platinum-certified international icon Tiësto has joined forces with multi-platinum singer/songwriter Tate McRae and Dubai’s new ultra-luxury resort Atlantis The Royal to create the spectacular new single, “10:35,” listen HERE. The track is joined by a strikingly conceptual music video that will make its broadcast premiere on MTV Live, MTVU, MTV Biggest Pop and Paramount Times Square Billboards. The visual is highlighted by a performance from Tiësto and Tate throughout the stunning Atlantis The Royal resort, with the Dubai skyline as the glittering backdrop. Watch HERE.

Kerzner International
Kerzner
Dubai, United Arab Emirates
Bench Events
Press Release
October 24, 2022

Future Hospitality Summit returns to Riyadh from 28 February to 2 March 2023

Future Hospitality Summit (FHS) Saudi Arabia will take place in Riyadh in 2023, bringing together the region’s industry leaders for discussions, deals and insight on the continued growth of the Kingdom’s hospitality and tourism sectors.

The Bench Favicon
The Bench
Saudi Arabia
Global Asset Solutions
Press Release
September 19, 2022

Dubai retains luxury crown in bounce back

Dubai drove a persuasive recovery after travel reopened with a combination of marketing, focusing on value, and expanding its family-oriented offering.

Global Asset Solutions Favicon
Global Asset Solutions
Dubai, United Arab Emirates
Bench Events
Press Release
July 25, 2022

First 50 speakers signed up for the Future Hospitality Summit in Dubai

The Future Hospitality Summit (FHS) has confirmed the first 50 speakers for the region’s flagship hospitality investment platform taking place from 19-21 September at Madinat Jumeirah in Dubai. Co-organised by The Bench and MEED, FHS consists of multiple conference tracks, awards, workshops and in-person networking features. These include the 18th edition of AHIC - Arabian Hotel Investment Conference, GRIF - Global Restaurant Investment Forum, AHIF Marketspace – Focus on Morocco, Startup Den, the Sustainable Hospitality Challenge Finals and plenty more - all under one roof. The overall theme of the Summit is ‘Lead the Change’, and Host Sponsor is Jumeirah Hotels & Resorts.

The Bench Favicon
The Bench
Dubai, United Arab Emirates
Sonder Inc.
Press Release
June 29, 2022

Sonder Holdings Inc. Expands Footprint in Dubai with Addition of 401-Unit Business Bay Property

Sonder Holdings Inc. (“Sonder”, Nasdaq: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, is set to open a 401-unit property at Business Bay in Dubai later this year. It will become the largest property in Sonder’s global portfolio.

Sonder Inc.
Sonder
Dubai, United Arab Emirates
Logo 'Sol Melia Hotels'
Press Release
June 16, 2022

Saudi Tourism Development Fund and Melia Hotels International join forces To develop new tourism concepts in Key Destinations

The Tourism Development Fund (TDF) today announced the signing of a Memorandum of Understanding (MoU) with Melia Hotels International, one of the world’s leading hotel groups in the leisure segment.

Meli
Melia
Saudi Arabia
Bench Events
Press Release
May 25, 2022

ENVI Lodges & Al Rasim to open ecolodge on the Red Sea of Saudi Arabia

ENVI Lodges, the recently launched ecolodge brand, and Al Rasim Hotels & Resorts, have announced plans to develop a waterfront ecolodge project in the Kingdom of Saudi Arabia Red Sea coast.

The Bench Favicon
The Bench
Saudi Arabia
Bench Events
Press Release
May 22, 2022

FHS Saudi Arabia Preview

The Future Hospitality Summit (FHS) returns to Saudi Arabia this week, bringing together government leaders, hospitality investors, owners, and operators for the redesigned 2022 edition of the event on 24-25 May at the Riyadh Airport Marriott Hotel.

The Bench Favicon
The Bench
Saudi Arabia
Logo 'HVS International'
Press Release
March 15, 2022

Israel’s Tourism Sector Ready for Recovery With Further Hotel Investment Encouraged, Hears Dubai Expo Event

London - The Israel Ministry of Tourism in collaboration with global hotel consultancy HVS, presented a live event last week at Expo Dubai focussing on hotel opportunities in Israel during which senior representatives of hotel, real estate and tourism companies – investors, developers, operators and financiers – discussed encouraging more investment into Israel’s hotel sector.

HVS Favicon
HVS
Israel
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HN Original
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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