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accorhotels2017
Press Release
May 4, 2021

Dubai, A Key Development Destination

While all of the Group's Dubai hotels are now open and have been granted the ALLSAFE certification, our development projects are growing to adapt and cater to the tourist potential within the region, which is becoming increasingly popular with travelers worldwide.

Accor Favicon
Accor
Dubai, United Arab Emirates
Marriott International, Inc.
Press Release
March 23, 2021

Marriott International Signs Agreement with Al Saedan Group to Bring Three Hotels to Saudi Arabia

Marriott International, Inc. (NASDAQ: MAR) today announced it has signed an agreement with Al Saedan Group, a leading real estate company in the Middle East, to open three hotels across Saudi Arabia. The multi-project agreement includes the country and territory's first Renaissance Hotel, the world's largest Aloft Hotel and a Courtyard by Marriott in the Holy City of Makkah. All three properties are projected to open by 2025.

Marriott
Marriott
Saudi Arabia
RLA logo new
Press Release
February 23, 2021

RLA hailed for expertise on Kuwait development

Resources for Leisure Assets (RLA) was congratulated for its "high level of expertise" and "excellent professional approach" for the Messilah Beach leisure development in Kuwait.

RLA logo new
RLA Global
Kuwait
Hilton Worldwide Family/group
Press Release
November 6, 2020

Miral Appoints Hilton to Bring Curio Collection and DoubleTree by Hilton Brands to Abu Dhabi’s Yas Island

Miral, Abu Dhabi's curator of experiences, is appointing Hilton to bring two new and unique hospitality offerings to Yas Island, while it invests AED 627 Million in their development. The WB Abu Dhabi, the world's first Warner Bros. branded hotel, will be operated and managed by Hilton under its upper-upscale Curio Collection by Hilton brand, while the serviced residences will be managed by DoubleTree by Hilton.

Hilton Favicon
Hilton
Yas Island, United Arab Emirates
Qatar National Tourism Council
Press Release
October 7, 2020

Thriving Qatar hotel sector to welcome new hotels and leisure destinations

Qatar National Tourism Council (QNTC) is proud to announce the launch of two new hotel and leisure destinations, opening late 2020 and early 2021. The country is currently undergoing an extensive tourism development strategy, as it works to diversify and build upon its offering for visitors, ahead of the FIFA World Cup Qatar 2022TM.

Qatar National Tourism Council
Qatar National Tourism Council
Qatar
Arabian Hotel Investment Conference (AHIC)
Press Release
August 31, 2020

AHIC 2020 transforms to help hoteliers navigate the new normal for hospitality investment and operations

The 16th edition of the Arabian Hotel Investment Conference (AHIC), will take place in a brand new format over three days from 29 September - 01 October 2020 with an exciting programme filled with critical insights from industry leaders, and networking opportunities designed for the new world.

Arabian Hotel Investment Conference (AHIC)
MEED
Dubai, United Arab Emirates
accorhotels2017
Press Release
August 12, 2020

Royal Commission for AlUla unveils expansion with Accor in partnership with the Banyan Tree brand

The Royal Commission for AlUla (RCU) has announced a partnership agreement with Accor as part of its strategy to develop AlUla as a tourism destination for nature, culture and heritage.The agreement will see Accor operate an expanded Ashar Resort under the Banyan Tree brand. There will be 47 new units added, which will bring the resort's total number up to 82 high-end villas, along with a luxury spa and several gourmet restaurants. This will be guided by a sensitive design that allows each villa to blend discreetly into the striking natural scenery of the Ashar valley, located 15km from the Kingdom's first UNESCO World Heritage Site, Hegra.The partnership with the leading global hospitality group has been signed ahead of AlUla's official opening to the world as a year-round destination in October 2020.

Accor Favicon
Accor
AlUla, Saudi Arabia
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Arabian Hotel Investment Conference (AHIC)
Press Release
January 23, 2020

Marriott International Signs Landmark Deal To Open The First Fairfield By Marriott Hotel In Makkah, Saudi Arabia

Marriott International, Inc. (NASDAQ: MAR) today announced that it has signed a landmark agreement with Nahdet Al-Mashaer to open a 2,600-room Fairfield by Marriott property in Makkah. The agreement is expected to deliver the first Fairfield by Marriott property to the Middle East and Africa region, create the largest Fairfield hotel in the world and bring one of the largest hotels to the growing religious destination of Makkah. Construction for the Fairfield by Marriott Makkah Al Naseemhas already commenced and the hotel is slated to open in 2023.

Arabian Hotel Investment Conference (AHIC)
MEED
Saudi Arabia
Shaza Hotels
Press Release
January 23, 2020

Mysk by Shaza Delivers Captivating Pitch for Owners at Saudi Arabia Hotel Investment Conference

Mysk by Shaza took part in the 'Three Minute Pitch' at the Saudi Arabia Hospitality Investment Conference (SHIC) in Riyadh on 21 January. Noelle Homsy, Development Manager of Shaza Hotels, delivered a highly-acclaimed presentation, showcasing Mysk's enriching transformational experiences infused with cultural connections.

Shaza Hotels
Shaza Hotels Ltd.
Saudi Arabia
InterContinental Hotels Group (IHG)
Press Release
January 23, 2020

IHG Signs Two New Hotels In Saudi Arabia Following Announcement Of Office In Riyadh

IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, has announced two new properties in the Kingdom of Saudi Arabia. Further strengthening its foothold in the luxury segment in KSA, IHG has signed a management agreement for InterContinental Dammam in partnership with Salem Mohammed Al Qahtani. To cater to the need for more branded midscale accommodation in Riyadh, IHG has also signed a management agreement for Holiday Inn Riyadh Al Malaz in partnership with Saleh Alsalamah and Partner Companies.

IHG Hotels & Resorts
IHG
Riyadh, Saudi Arabia
Arabian Hotel Investment Conference (AHIC)
Press Release
January 22, 2020

Millennium Hotels and Resorts partners with Hasaad Real Estate to operate Millennium Central Jeddah in the Kingdom of Saudi Arabia

Millennium Hotels & Resorts Middle East, the region's fastest-growing hotel management company, announced the signing of its first Millennium Central property in the Kingdom of Saudi Arabia in partnership with Hasaad Real Estate, on stage at the Saudi Arabia Hospitality Investment Conference (SHIC), held in Riyadh from 21-22 January, 2020.

Arabian Hotel Investment Conference (AHIC)
MEED
Saudi Arabia
Arabian Hotel Investment Conference (AHIC)
Press Release
January 22, 2020

Taiba inks deal with Hilton for DoubleTree Jeddah King Abdullah Square

Taiba Investments Co. (TDWL: 4090) today announced the signing of DoubleTree by Hilton Jeddah King Abdullah Square Hotel and Suites, marking its 1st hotel in Jeddah, the second largest city in Saudi Arabia.

Arabian Hotel Investment Conference (AHIC)
MEED
Saudi Arabia
Ad #1 Hotel PMS
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Mews
Mews
Arabian Hotel Investment Conference (AHIC)
Press Release
January 21, 2020

Hilton Continues Its Strong Growth In Saudi Arabia With More Than 50 Hotels Open And In Its Pipeline Across The Country

With its rapidly developing pipeline in Saudi Arabia, Hilton (NYSE: HLT) expects to quadruple its portfolio in the Kingdom throughout the next five years to more than 50 hotels, with a total of 16,000 rooms open across the Kingdom.

Arabian Hotel Investment Conference (AHIC)
MEED
Saudi Arabia
Arabian Hotel Investment Conference (AHIC)
Press Release
January 21, 2020

Accor To Spearhead Lifestyle Hospitality Trend In Saudi Arabia With Dynamic Brands And New Experiences

Accor, a world-leading augmented hospitality group, will highlight its role as a pioneer of new lifestyle experiences in Saudi Arabia at the second Saudi Arabian Hospitality Investment Conference (SHIC), which takes place this week (January 21-22) in Riyadh.

Arabian Hotel Investment Conference (AHIC)
MEED
Saudi Arabia
InterContinental Hotels Group (IHG)
Press Release
January 20, 2020

IHG to open office in Riyadh

IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, has announced plans to open an office in Riyadh in March 2020. The news comes as IHG continues to expand its portfolio in the Kingdom in response to Vision 2030 and the opportunities it presents to the tourism and hospitality sector. The new office will also drive the performance of IHG's existing estate further in the country and simultaneously support the expanding portfolio, as well as the company's ambition towards leading Saudization efforts in the industry.

IHG Hotels & Resorts
IHG
Riyadh, Saudi Arabia
Millennium Hotels and Resorts
Press Release
December 24, 2019

Millennium Hotels and Resorts reveals plans to grow its Saudi Arabia footprint to 25 hotels by 2025

Millennium Hotels & Resorts MEA, the region's fastest-growing hotel management company, has revealed ambitious development plans for Saudi Arabia with a goal of operating 25 hotels kingdom-wide by 2025.

Millennium Hotels and Resorts
Millennium
Saudi Arabia
Damac Properties Co. LLC
Press Release
November 28, 2019

DAMAC To develop AYKON Hotels through Acquisition of Italian Fashion Brand Roberto Cavalli

Chairman of Dubai based DAMAC Properties, Hussain Sajwani, through his private investment company, Vision Investments, has bought the Italian fashion group Roberto Cavalli

Damac Properties Co. LLC
Damac Properties Co. LLC
Dubai, United Arab Emirates
Brown Hotels
Press Release
October 17, 2019

Brown Hotels Acquires Four Tel Aviv Properties by the Zvieli Group

Tel Aviv-born hotel group Brown Hotels, has incorporated four Tel Aviv hotel properties by the Zvieli Group into its operations. Expanding its property portfolio, Brown Hotels will rebrand and manage all four acquired hotels.

Brown Hotels
Brown Hotels
Tel Aviv, Israel
Arabian Hotel Investment Conference (AHIC)
Press Release
October 15, 2019

AHIC 2020 to challenge traditional hotel investment mindset and call for radical change in its mission to ‘transform tomorrow’

The 16th edition of the Arabian Hotel Investment Conference (AHIC), being held from 14-16 April 2020 at Madinat Jumeirah in Dubai, will explore how the Middle East's hospitality industry can harness the opportunities afforded by the 4th Industrial Revolution (4IR) in its bid to "transform tomorrow".

Arabian Hotel Investment Conference (AHIC)
MEED
Dubai, United Arab Emirates
Rixos
Press Release
August 7, 2019

Rixos Hotels signs milestone deal to operate its largest all-inclusive resort on Egypt's Red Sea Riviera

Rixos Hotels has marked a major milestone in its Middle East expansion strategy after signing an agreement to manage its largest all-inclusive luxury resort in the world on Egypt's Red Sea Riviera. Since Accor acquired a 50% stake in the company, it has identified opportunities including partnering with the Eastern Company for Investment and Touristic Development to takeover and renovate an existing beachfront property. Scheduled for completion in 2020, it will be re-launched as the Rixos Hurghada Makadi Bay - a 1,636-key mega resort with world-class leisure, sports and entertainment facilities for which the Rixos brand is globally renowned. The stand-out property will boast a stunning location in a secluded bay on the Red Sea, just south of Hurghada - a global hotspot for scuba diving, family getaways and golf breaks. Resort highlights will include individual villas, an extensive indoor and outdoor spa, fitness facilities, kids clubs, a waterpark, beach lounge, large conference centre, vast F&B wide-ranging F&B options and an expansive entertainment area with an amphitheatre. It is expected to become the preferred destination for discerning travellers and corporate group business from key source markets such as Europe and the CIS. "This marks a pivotal moment in the growth story of our brand, bringing to market our largest resort globally and offering our most comprehensive range of facilities and unique and dynamic entertainment experiences yet," said Fettah Tamince, Founder and Chairman of Rixos Hotels. "We are delighted to partner with the Eastern Company for Investment and Touristic Development to launch this flagship project, which will set a new benchmark for luxury all-inclusive all-exclusive resorts in Egypt and the wider Middle East."

Rixos
Rixos Hotels
Hurghada, Egypt
Page 8 of 20
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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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