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Marriott International Celebrates 100 Property Milestone in the Kingdom of Saudi Arabia with the Signing of Courtyard by Marriott in Makkah with SEDCO Capital

Marriott International, Inc. today announced it has reached a milestone of 100 combined open and pipeline hotels in Saudi Arabia following the signing of an agreement with a fund managed by SEDCO Capital for a 1,100 room Courtyard by Marriott in Makkah. The property will be situated within the Holy City's landmark Masar destination which is owned, developed and operated by Umm Al Qura for Development and Construction. Expected to open in 2030, Courtyard by Marriott Makkah Masar is anticipated to deliver the brand's signature blend of exceptional hospitality, modern comfort and purposeful design.

Profit Over Revenue: The New Measure of Growth

The shift from revenue growth to profit optimization isn’t just about changing metrics—it’s changing how hotels think about performance. With rising costs across labor, energy, and distribution, a strong RevPAR doesn’t guarantee a strong bottom line. Being busy isn’t the same as being profitable.

When Revenue Managers Become Profit Architects

Revenue management isn't just yielding prices. In fact, the difference between yield management and revenue management is precisely that revenue management doesn't stop at room revenue and captures all revenue streams.

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In a strategic dual signing with Al Mosa and Sons, IHG Hotels & Resorts strengthens Saudi footprint with a new hotel in Riyadh

IHG Hotels & Resorts, one of the world's leading hotel companies, has signed a dual management agreement with Mosa bin Abdul Aziz Al-Mosa and Sons Real Estate Holding Co. The signing will see the launch of Holiday Inn Riyadh Rose Yard (106 keys), reinforcing IHG's long-term commitment to the Kingdom and its growing hospitality sector in line with Saudi Arabia's Vision 2030.

IHG Signs Crowne Plaza Al Khobar Al Bandariyah

IHG Hotels & Resorts, one of the world's leading hotel companies, has signed a dual management agreement with Mosa bin Abdul Aziz Al-Mosa and Sons Real Estate Holding Co. The signing will see the launch of Crowne Plaza Al Khobar Al Bandariyah (232 keys), reinforcing IHG's long-term commitment to the Kingdom and its growing hospitality sector in line with Saudi Arabia's Vision 2030.

Ciel Dubai Marina, Vignette Collection debuts as the world’s tallest hotel

Ciel Dubai Marina is now officially open within IHG's Vignette Collection. Setting a new global benchmark as the world's tallest hotel, the ambitious project - led by Dubai developer The First Group - underscores Vignette Collection's vision to offer one-of-a-kind stays in destinations to remember. The architectural marvel spans 82 floors which collectively rise 377 meters above Dubai and is home to one of the world's highest infinity pools.

Sommet Education & Tanmeya Capital: Saudi-Swiss Partnership Launched to Build National Talent and Educational Ecosystem in Tourism, Hospitality, and Culinary Arts

Under the patronage of His Excellency Mr. Ahmed bin Aqil Al-Khateeb, Minister of Tourism, a landmark Saudi-Swiss partnership was announced at the "TOURISE 2025" Summit in Riyadh to advance innovation, develop national talent, and build human capital in tourism, hospitality, and culinary arts, in line with Saudi Vision 2030.

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.

Oaks Hotels, Resorts & Suites Signs First Property in Saudi Arabia

Minor Hotels, a global hospitality group with a portfolio of over 640 properties in operation and pipeline across 60 countries, has announced the signing of Oaks Residences Riyadh, marking a significant addition to its growing portfolio in Saudi Arabia. The agreement, signed in partnership with Tabarak Holding, also includes future projects in key locations in Cairo, Egypt under the NH Collection brand.

IHG Hotels & Resorts inks deal to bring its premium brand, Crowne Plaza to the historic city of Multan, Pakistan

IHG Hotels & Resorts, one of the world's leading hospitality companies, has signed a franchise agreement with Serene Tower (PVT) Ltd. to bring the Crowne Plaza brand to DHA Multan, Multan city, a key cultural and economic hub in Pakistan. The new Crowne Plaza Multan, slated to open in early 2028, will be the brand's first hotel in the city.

The Residences at The Dubai Beach EDITION: The Art of Effortless Living

The Residences at The Dubai Beach EDITION have launched, presenting an exceptional opportunity to acquire a home within the UAE's first EDITION residences and beachfront resort, available for sale now with handover in 2029. Located on Dubai's most exclusive waterfront as part of the greater Dubai Harbour Masterplan, the project, developed by H&H and owned by Shamal Holding, brings together EDITION's iconic design DNA and cultural significance within a distinctive and private setting.