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.
Chairman of Dubai based DAMAC Properties, Hussain Sajwani, through his private investment company, Vision Investments, has bought the Italian fashion group Roberto Cavalli
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.
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".
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."
DAMAC Hotels and Resorts, the hospitality arm of DAMAC Properties, signed a key partnership agreement with Rotana Hotel Management Corporation, a leading regional name in hospitality, on the opening day of the 26th Arabian Travel Market, the region's premier international travel and tourism event. Under this agreement, DAMAC Towers Arjaan by Rotana, Riyadh, an architectural landmark in the heart of Riyadh, featuring luxury hotel apartments furnished by Fendi Casa, will be operated under the Arjaan Hotel Apartments by Rotana brand.
Hyatt Hotels Corporation (NYSE: H) announced today that it expects the number of Hyatt hotels in Saudi Arabia to double, with five additional Hyatt branded hotels to open by 2023, adding approximately 1,300 rooms to the region. The expansion includes the anticipated opening of Grand Hyatt Al Khobar, marking the first Grand Hyatt branded hotel in the Kingdom, set to open in late 2019. The expected opening of Jabal Omar Hyatt Centric Makkah Hotel and Residences will mark the entry of the Hyatt Centric brand into the country. Additionally Hyatt Regency Jeddah Serafi Mall is slated for a 2021 opening and a dual-branded Hyatt Place and Hyatt House Riyadh/KAFD is slated for 2022.
With three new hotels under development, Central Hotels is set to double its portfolio of hotels by 2022 in Dubai. The group revealed today at the Arabian Travel Market that by the end of 2022, it will have seven operating hotels in the emirate. The upcoming properties include Diamond Central Business Bay (220 keys), Island Central (set on Deira Island boasting 267 rooms and suites) and Central House Citywalk 60 keys) focused on millennials.
Emaar Hospitality Group, the hospitality and leisure business of global developer Emaar Properties, will open four new hotels in Dubai under its premium luxury Address Hotels + Resorts and upscale lifestyle Vida Hotels and Resorts, this year. Further, Rove Hotels, the joint venture of Emaar Properties and Meraas, will open a new hotel, adding to the contemporary midscale hotel choices in the city.
Central Hotels is all set for a strong presence at the Arabian Travel Market (ATM) 2019 with several announcements lined up during the show.
Hilton (NYSE: HLT) today announced the signing of a management agreement with Umm Al Qura Development and Construction Company to open the world's largest Hilton Garden Inn with 1,560 rooms and a 392-suite Embassy Suites by Hilton, both located in King Abdul Aziz Road project in Makkah.
Swiss-Belhotel International will showcase its outstanding portfolio of existing and upcoming properties at the Arabian Travel Market (ATM) 2019, the region's premier travel and tourism event scheduled to take place in Dubai from 28 April to 1 May 2019. With 7 new hotels lined up for opening in 2019, the year ahead looks extremely promising for Swiss-Belhotel International.
IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, has signed franchise agreements for two hotels, Staybridge Suites® Dubai Financial Centre and Staybridge Suites Dubai Internet City, with the Dubai-based real estate development firm, SRG Holding. The agreements will see the conversion of two SRG-owned developments to IHG's extended-stay brand Staybridge Suites. The two franchised assets will be operated by SRG Hospitality, the group's hotel management arm with opening dates set for January 2020.
The Sharjah Investment and Development Authority (Shurooq) has appointed Shaza Hotels to manage three luxurious retreats, which are Kingfisher Lodge in Kalba, Al Badayer Oasis in Al Badayer and Al Faya Lodge in Mleiha.
Hilton and Shomoul Holding Company announced today the signing of a landmark agreement to develop and operate four hotels in The Avenues - Riyadh, the largest mixed-use development project in the Kingdom of Saudi Arabia. The development will include one of the world's largest malls, with a leasable area of approximately 400,000sqm housing more than 1,300 stores.
Radisson Hotel Group is proud to announce the signing of six new hotels in Egypt as part of a portfolio deal across a number of its brands. The agreement was signed with existing business partner Zaghloul Holdings, a Cairo-based business conglomerate operating in real estate, contracting, tourism, commercial retail, entertainment and sports investment industries. The six hotels: Radisson Collection Hotel Cairo Heliopolis, Radisson Blu Serviced Apartments Cairo Heliopolis, Radisson Blu Hotel Cairo Golf City, Radisson Hotel New Cairo, Radisson Hotel & Resort Ain Sokhna and Radisson Blu Hotel & Resort Makadi Bay, Hurghada will mean Radisson Hotel Group becomes one of the largest international operators in the country and will also cement Radisson Blu's position as the leading brand in the city in the coming years.
Radisson Hospitality AB, publicly listed on Nasdaq Stockholm, Sweden and part of Radisson Hotel Group, is proud to announce the signing of two new hotels in Saudi Arabia: the Radisson Hotel, Makkah Al Rahma and the Park Inn by Radisson Hotel, Makkah Al Rahma. The new agreement extends an existing partnership with renowned Saudi real estate developer and investor Sulaiman Abdulaziz Al-Rajhi and his real estate development company, Al-Rajhi Investments.The agreement increases Radisson Hotel Group's portfolio in Saudi Arabia to 43 hotels and more than 10,000 rooms in operation and under development. Both the Radisson Hotel, Makkah Al Rahma and the Park Inn by Radisson, Makkah Al Rahma are scheduled to open in Q2, 2021.
Qetaifan Projects Company, and a subsidiary of Katara Hospitality which was established to develop and manage Qetaifan Island North, signed a Memorandum of Understanding (MoU) with the Rixos Hotels to manage and operate the hotels, the souq, the water park and the beach club in Qetaifan Island North.
The Arabian Hotel Investment Conference (AHIC) 2019 has released the second annual AHIC Hotel Investment Forecast, which reveals that close to US$30 billion worth of hotel construction contracts will be awarded in the Middle East and North Africa between now and 2023.
Radisson Blu, the upper upscale hotel brand that delivers a positive and personalized service in stylish spaces, is proud to announce the opening of two hotels in Abu Dhabi, United Arab Emirates (UAE). Both landmark hotels hold prominent locations, with the Radisson Blu Hotel & Resort, Abu Dhabi Corniche located on the vibrant and iconic sea walk of Abu Dhabi, while the Radisson Blu Hotel & Resort, Al Ain is situated in one of the UAE's cultural gems, known as the Garden City for its natural springs, plantations and lush palm groves.