Development

Shaza Hotels Expands in Saudi Arabia with the Signing of MoUs for Four New Projects at TOURISE 2025

Under the patronage of the Ministry of Tourism Saudi Arabia (MoT) and TOURISE 2025, Shaza Hotels has signed Memoranda of Understanding (MoUs) for four new projects – Shaza Riyadh Stables Resort, Mysk Residences in Riyadh and Mysk Al Haramain Hotels - 3 & 4 in Makkah – during the inaugural TOURISE 2025 summit, held from 11 to 13 November 2025 in Riyadh. The signings represent a significant step in Shaza Hotels’ expansion across the Kingdom and underscore the brand’s alignment with Saudi Arabia’s long-term vision 2030 to advance tourism and destination development. Shaza also announced an ambitious pipeline of USD 950 million worth projects across the globe in key destinations like Maldives, Turkey, Kuwait, Indonesia, Iraq, USA, Kenya and Libya at TOURISE 2025.

Hilton Surpasses 100 Hotels in Saudi Arabia, with a Growing Pipeline Representing a Combined Owner Investment of USD $8 Billion

Hilton (NYSE: HLT) today announced it has surpassed the milestone of 100 hotels trading and in the pipeline in Saudi Arabia – representing a combined investment of USD $8 billion from hotel owners and investors into Hilton’s growing portfolio, and underscoring the company’s long-term commitment to supporting Vision 2030 by expanding its footprint and delivering world-class hospitality throughout the Kingdom. The announcement was made ahead of the Future Investment Initiative (FII) in Saudi Arabia, a global forum that convenes world leaders, policymakers, and investors to discuss the future of global investment and economic trends.

Welcoming Travelers to Shura Island: The Beating Heart of The Red Sea

Set among coral reefs, turquoise lagoons, and soft white sands, Shura Island opens as the beating heart of The Red Sea, the place where the destination truly comes alive. As the vibrant hub of this pioneering new world of travel, the island brings together world-class hospitality, adventure, and relaxation across one extraordinary setting. Master planned by Foster + Partners, the island’s design takes inspiration from the Coral Bloom vision. Shaped to blend seamlessly with its surrounding land and sea, Shura captures the destination’s spirit of energy, culture, and connection, an island alive with beauty and purpose.

Hilton Set to Double Its Presence in Oman with Trio Signing, Including the Sultanate’s First Waldorf Astoria

Hilton (NYSE: HLT) today announced the signing of an agreement with The Zubair Corporation to open three hotels in Muscat under the Waldorf Astoria Hotels & Resorts, Hilton Hotels & Resorts, and DoubleTree by Hilton brands – doubling its footprint in the Sultanate. The signings mark the debut of the iconic Waldorf Astoria brand in Oman and underscore Hilton’s plans to diversify its portfolio and deliver trusted hospitality to emerging and established destinations across the region.

Minor Hotels Expands Footprint in Egypt with SUNRISE Resorts & Cruises Joint Venture

Minor Hotels, a global leader in the hospitality industry across hotels, resorts and branded residences in 59 countries, has signed an agreement with SUNRISE Resorts & Cruises to form a new joint venture company. The signing ceremony took place at the office of H.E. Prime Minister of Egypt Mostafa Madbouly in the attendance of H.E. Minister of Tourism and Antiquities, Sherif Fathi; underscoring the importance of this partnership for the country’s growing tourism sector.