Rotana at Saudi Tourism Forum 2024
Rotana announced its expansion plans in the Kingdom of Saudi Arabia during the second edition of the Saudi Tourism Forum (STF).
Press Releases
First speakers announced for Future Hospitality Summit Saudi Arabia
The 2024 edition of the Future Hospitality Summit (FHS) Saudi Arabia, which is set to take place at Mandarin Oriental Al Faisaliah, Riyadh from 29 April to 1 May 2024, has confirmed the first speakers for the region’s leading hospitality investment platform.
ADQ and ADNEC Group enter into definitive agreements to acquire a 40.5 percent stake in TMG Holding’s hospitality business in Egypt
DQ, an Abu Dhabi-based investment and holding company, and ADNEC Group (“ADNEC”) today announced the signing of definitive agreements for the strategic acquisition of a 40.5 percent stake in Egypt-based Talaat Moustafa Group Holding’s (“TMG Holding”) hospitality arm, ICON Group (“ICON”) through a capital increase. ADQ and ADNEC will invest through a special purpose vehicle, with 49 percent equity ownership by ADQ and 51 percent equity ownership by ADNEC.
Aldar Launches Beachfront Living On Ras Al Khaimah’s Al Marjan Island With Nikki Beach Residences
Aldar Properties ('Aldar') announced today the launch of Nikki Beach Residences, a new community set against the spectacular backdrop of the Arabian Gulf on Al Marjan Island, with a blend of exciting and rejuvenating leisure experiences that will redefine beach living in the emirate.
NEOM announces Epicon - its luxury coastal tourism destination on the Gulf of Aqaba
The Board of Directors of NEOM, the sustainable regional development taking shape in northwest Saudi Arabia, today announced Epicon, its latest luxury coastal tourism destination, including a residential offering.
NEOM announces Leyja, its latest sustainable tourism destination
The Board of Directors of NEOM, the sustainable regional development taking shape in northwest Saudi Arabia, today announced Leyja, its latest tourism destination, further strengthening and enriching the Kingdom's ecotourism offering.
Marriott International Signs Agreement to Open Two Luxury Properties in Trojena, The Mountains of NEOM
Marriott International, Inc. announced it has signed an agreement with NEOM to open two luxury properties in Trojena, NEOM’s mountain destination located in the north-west region of Saudi Arabia. The agreement includes Saudi Arabia’s first W Hotel, and a JW Marriott property.
Nikki Beach Global Announces Waterfront Residences in Ras Al Khaimah, UAE
Nikki Beach Global (‘Nikki Beach’) the international luxury lifestyle and hospitality brand, announced today a partnership to develop three waterfront residential buildings in Ras Al Khaimah. Nikki Beach and Aldar Properties (‘Aldar’), a leading real estate developer, investor, and manager in the UAE, have come together to develop branded residences on Al Marjan Island, which will launch for sale later this year.
Nobu Hospitality to Open Two Luxury Hotels, Restaurants, and Residential Projects in Egypt
SODIC, Egypt’s leading real estate developer, in partnership with Nobu Hospitality, the globally acclaimed luxury lifestyle brand, announces plans for a comprehensive expansion of the Nobu brand in Egypt with the development of luxury hotels, branded residences, and the iconic Nobu restaurant. Underpinned by SODIC’s extensive expertise and reputation, Nobu’s introduction into Egypt will anchor two of SODIC’s developments – Cairo in the New Zayed area and a coastal development on the North Coast – resulting in two multi-million dollar five-star hotels, a Nobu restaurant and branded Nobu residences with an extensive array of facilities for residents and guests.
Pre-Opening Katara Tower... Qatar’s New Landmark of Luxury and Perfection on the Arabian Gulf
Doha, the Katara Tower. After 10 years of planning and construction, these two towers are a symbol of Qatar's meeting on the Arabian Gulf. In just 12 weeks, two luxury hotels will open on 37 floors each, with almost 500 suites and hotel rooms as well as 18 restaurants, bars and cafes. Money is no object, as the goal is to surpass all previous mega-hotels on the Gulf. With the world's largest chandelier at a height of 57 meters and the world's only multimedia kaleidoscope in a hotel lobby, there are only 80 days left to finish on time. An almost impossible task for Christian Hirth, the German manager of both hotels. Despite construction sites everywhere, the team and Christian Hirth are meticulous in their attention to detail and ensure that everything is absolutely perfect before it opens. Two weeks before the opening, the 1130 employees from 73 countries finally see their uniforms for the first time. Join us as we explore this mega-hotel, the new landmark of Doha.
Hilton Plans to More Than Quadruple its Presence in Saudi Arabia
As Saudi Arabia continues to fulfill its vision of becoming a world leader for international travel and tourism, Hilton (NYSE: HLT) has announced plans to open over 50 new hotels across 10 of its brands, making the country the company’s largest pipeline market in Europe, the Middle East and Africa (EMEA). Hilton has accelerated its growth strategy in Saudi Arabia in recent years, announcing multiple signings as the company works towards its plans to increase its portfolio to more than 75 trading properties across the country.
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.
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.
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.
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.
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.
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.
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.
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.
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.