Jeddah hotel performance jumped in September
Jeddah hotels saw RevPAR surge 53.3% year-over-year in September 2026, with the Gulf Cup opening day driving peak occupancy of 78.3% and ADR of SAR688.72.
Jeddah hotels saw RevPAR surge 53.3% year-over-year in September 2026, with the Gulf Cup opening day driving peak occupancy of 78.3% and ADR of SAR688.72.
Aleph Hospitality takes over management of the Mövenpick Grand Al Bustan from 1 July 2026, adding the Dubai landmark to a portfolio that already includes two properties in the same owner's Jewel of the Creek complex.
FHS World 2027 will be held at Wynn Al Marjan Island in Ras Al Khaimah in November, expecting 1,200 delegates including 250 investors from 60+ countries.
Aleph Hospitality added 1,330 keys across nine properties in Nigeria, Pakistan, Dubai, Rwanda, Tanzania, and Ivory Coast, targeting 100 hotels under management by end of 2029.
Radisson Hotel Group reports 12 months of regional growth including 1,500+ new keys signed in Saudi Arabia, UAE resort and branded residence projects, and Egypt pipeline targeting 30 hotels by 2030.
Cavendish Maxwell reports GCC hotel supply will grow 25% to 616,000 rooms by 2030, while 2026 occupancy has fallen across all six markets due to regional tensions disrupting international travel.
FHS World 2026 opened in Dubai with 1,000 delegates from 50 countries, 200+ investors managing over $6 trillion in assets, and 170+ speakers covering investment, sustainability, and technology through October 1.
Aleph Hospitality takes over management of the Mövenpick Grand Al Bustan from 1 July 2026, bringing its Dubai portfolio to three properties including two others in the Jewel of the Creek complex.
Top hospitality investors share views ahead of FHS World 2026 in Dubai, citing cost inflation, geopolitical risk, and selective conviction as defining the current investment climate.
HVS data shows 200,000 rooms worth $90B in the GCC and North Africa pipeline, with Saudi Arabia leading at 110,000 rooms and over 55% of supply due by 2030.
Industry experts assess wellness and longevity as an emerging hospitality asset class, citing data showing wellness hotels generate double the TRevPAR and longevity travel projected to reach $44bn by 2030.
TOURISE 2027 Summit will convene global tourism, technology, and investment leaders in Riyadh on March 23-25, 2027, under the theme "Alliances That Move the World," building on $113B in portfolio investments announced at its 2025 inaugural event.
UAE-based Phoenix Hospitality Group officially launched at Arabian Travel Market, consolidating 15+ properties and F&B concepts under one platform with expansion targets in India, Georgia, Lagos, Zanzibar, and London.
FHS World 2026 takes place at Madinat Jumeirah, Dubai from 29 Sept to 1 Oct, featuring 100+ speakers including the UAE Minister of Economy and a focus on investment, innovation, and deal-making.
EEG launched the Emirates Hospitality Sustainability Alliance (EHSA) in Sharjah to unite UAE hospitality operators around collective sustainability action, knowledge sharing, and a future sector-specific sustainability standard.
Executives from Meliá, Rotana, Wyndham, and STORY Hospitality outline the forces behind branded residences' rise, with Saudi Arabia and the UAE highlighted as top investment markets.
The Bench rebrands its Branded Residences Forum as FHS Living, expanding scope to cover student, senior, co-living and mixed-use assets across Dubai, Cairo, Paris, and Riyadh editions.
The Middle East pipeline hit a record 724 projects/178,003 rooms in Q2 2026, led by Saudi Arabia's 387 projects; LE forecasts 102 new hotel openings in 2028.
WTTC forecasts a 14.5% contraction in Middle East tourism GDP in 2026 due to conflict, but projects 6.3% annual growth through 2036, making it the world's fastest-growing tourism region.
Marriott and Misr Italia Properties signed a deal for nine properties totaling 1,500+ keys across Egypt, spanning Ritz-Carlton, Luxury Collection, and Autograph Collection brands.