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Aleph Hospitality And Hilton Announce Tapestry Collection By Hilton Hotel In Dammam

Aleph Hospitality, the largest independent hospitality management company in the Middle East and Africa, has secured the Tapestry Collection by Hilton brand for an upcoming 84-key hotel in Dammam, Saudi Arabia, owned by AREA Investment and Real Estate. This marks Aleph Hospitality's third Tapestry Collection by Hilton property under management, further strengthening the company's partnership with global hospitality company Hilton and expanding its footprint in the Kingdom of Saudi Arabia.

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IHG Hotels & Resorts partner with SEDCO Capital to strengthen lifestyle offering in Jeddah with signing of Hotel Indigo Grand Square Jeddah

IHG Hotels & Resorts, one of the world's leading hotel companies, has signed a management agreement with an investment fund managed by SEDCO Capital, a global multi-asset management and advisory firm, to launch Hotel Indigo Grand Square Jeddah. The 150-key lifestyle hotel marks the first collaboration between the global hospitality group and the Saudi real estate investment fund.

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AVENEW Development signs with Marriott International to bring St. Regis residences to Dubai Islands

Dubai-born AVENEW Development is entering the branded residences space following a signed agreement with Marriott International to develop The St. Regis Residences at Dubai Islands. The upcoming project is designed for the modern connoisseur, reflecting the developer's forward-thinking approach to residential living, where every detail, from interiors to communal experiences, is crafted to inspire connection, elevate lifestyle, and define what it means to truly come home.

Sub Prime AI

It's abundantly clear that the US hyperscalers are unable and unwilling to regulate themselves. Some owners are wealthier than entire EU countries and act like mini-kings, beholden to no one. Many have taken the view that it's more cost-effective to steal the IP of original authors (text, image, video, music, etc.) for use in Gen AI model training and pay to throw legal challenges at any copyright penalties. A $100 million pro-AI super PAC formed in August backed by OpenAI's president has identified its first democrat target to oust. Anti-regulation, deep-pocketed Silicon Valley interests are injecting themselves into local US contests from afar.

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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.