STR: Preliminary June data for Dubai hotels
Dubai's hotel industry reported slightly improved but still relatively low performance levels, according to preliminary June data from STR. Compared with June 2019:
Press Releases
STR: Preliminary May data for Abu Dhabi hotels
Abu Dhabi's hotel industry reported improved but still relatively low performance levels, according to preliminary May data from STR. Compared with May 2019:
STR: Preliminary April data for Jeddah hotels
Because of the continued limitations and concerns around the COVID-19 pandemic, Jeddah's hotel industry reported its lowest overall performance on record, according to preliminary April data from STR. Compared with April 2019:
STR: Preliminary March data for Abu Dhabi hotels
Reflecting the circumstances around the COVID-19 pandemic, STR's preliminary March data for Abu Dhabi shows significant year-over-year declines in the three key performance metrics. Compared with March 2019 data:
STR: Dubai hotel performance shows COVID-19 impact
STR's preliminary data for Dubai shows hotel performance declines worsening as concern around the COVID-19 pandemic broadens. February preliminary data:
A strategic new partnership between Rotana hotels & Coworking platform WitWork
WitWork, a community that transforms cafés, restaurants, and hotels into coworking spaces, has added the Rotana group of hotels to its portfolio. This strategic partnership will introduce several new coworking options to WitWork expansive list of prime venues.
Archipelago International's Expansion Continues with the Signing of an Agreement in Dubai
Archipelago International, Southeast Asia's largest privately owned and independent hotel operator, announced a new long-term strategic partnership agreement with Maison Privee, one of Dubai's fastest-growing holiday homes and corporate rental management companies.
STR: Preliminary January data for Jeddah hotels
STR's preliminary January 2020 data for hotels in Jeddah indicates significant growth in demand and occupancy. Based on daily data from the month, Jeddah reported the following in year-over-year comparisons:
Luxury Travel Awards Announced at the 13th Ultras Ceremony in Dubai
Ultratravel Collection, a joint venture between Global Hotel Alliance ("GHA"), the world's largest alliance of independent hotel brands and operator of the award-winning, multi-brand loyalty programme, DISCOVERY, and multi-media brand Ultratravel, last night sponsored another glittering and star-studded awards ceremony. Held at the Emerald Palace Kempinski Dubai, the newest landmark destination for grand design and regal interior, the 13th annual ULTRAs celebrated the success of the leading travel companies in the world voted by the readers of The Telegraph's luxury travel magazine and members of the DISCOVERY loyalty programme.
Dur Hospitality Demonstrates Growth At SHIC 2020
The third edition of the Saudi Hospitality Investment Conference (SHIC) concluded on the 21st and 22nd of January, at the Riyadh Airport Marriott Hotel, where Dur Hospitality hosted the prestigious event as the strategic partner, under the patronage of the Saudi Commission for Tourism & National Heritage (SCTH), in partnership with Bench Events and MEED and in the presence of over 350 dignitaries, industry experts, hoteliers and investors.
Marriott International Signs Landmark Deal To Open The First Fairfield By Marriott Hotel In Makkah, Saudi Arabia
Marriott International, Inc. (NASDAQ: MAR) today announced that it has signed a landmark agreement with Nahdet Al-Mashaer to open a 2,600-room Fairfield by Marriott property in Makkah. The agreement is expected to deliver the first Fairfield by Marriott property to the Middle East and Africa region, create the largest Fairfield hotel in the world and bring one of the largest hotels to the growing religious destination of Makkah. Construction for the Fairfield by Marriott Makkah Al Naseemhas already commenced and the hotel is slated to open in 2023.
Mysk by Shaza Delivers Captivating Pitch for Owners at Saudi Arabia Hotel Investment Conference
Mysk by Shaza took part in the 'Three Minute Pitch' at the Saudi Arabia Hospitality Investment Conference (SHIC) in Riyadh on 21 January. Noelle Homsy, Development Manager of Shaza Hotels, delivered a highly-acclaimed presentation, showcasing Mysk's enriching transformational experiences infused with cultural connections.
IHG Signs Two New Hotels In Saudi Arabia Following Announcement Of Office In Riyadh
IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, has announced two new properties in the Kingdom of Saudi Arabia. Further strengthening its foothold in the luxury segment in KSA, IHG has signed a management agreement for InterContinental Dammam in partnership with Salem Mohammed Al Qahtani. To cater to the need for more branded midscale accommodation in Riyadh, IHG has also signed a management agreement for Holiday Inn Riyadh Al Malaz in partnership with Saleh Alsalamah and Partner Companies.
ADMARES to deliver 16 floating hotels to Qatar to serve tourists and fans for the FIFA World Cup 2022
TURKU, Finland, Jan. 21, 2020 /PRNewswire/ -- In preparations to host the 2022 World Cup, Qetaifan Projects, a Katara Hospitality owned company signed a memorandum of understanding with ADMARES; the world leader in alternative real estate with pioneering construction methods. Qetaifan Projects continues its series of local and international partnerships that would add to Qetaifan Island North and serve the tourism, hospitality, and entertainment sectors in Qatar. The Memorandum of Understanding includes the construction and operation of 16 floating hotels on the shores of Qetaifan Island North to provide accommodation for the masses within the fan villages during the 2022 World Cup. The hotels have a unique design; 72-meter-long and 16-meter-wide (236-feet-long and 52-feet-wide), each consisting of 101 guest rooms, a restaurant, and a lounge bar. All of the 16 four-story hotels will be identical, offering a total of 1616 floating hotel rooms.
Millennium Hotels and Resorts partners with Hasaad Real Estate to operate Millennium Central Jeddah in the Kingdom of Saudi Arabia
Millennium Hotels & Resorts Middle East, the region's fastest-growing hotel management company, announced the signing of its first Millennium Central property in the Kingdom of Saudi Arabia in partnership with Hasaad Real Estate, on stage at the Saudi Arabia Hospitality Investment Conference (SHIC), held in Riyadh from 21-22 January, 2020.
Taiba inks deal with Hilton for DoubleTree Jeddah King Abdullah Square
Taiba Investments Co. (TDWL: 4090) today announced the signing of DoubleTree by Hilton Jeddah King Abdullah Square Hotel and Suites, marking its 1st hotel in Jeddah, the second largest city in Saudi Arabia.
Hilton Continues Its Strong Growth In Saudi Arabia With More Than 50 Hotels Open And In Its Pipeline Across The Country
With its rapidly developing pipeline in Saudi Arabia, Hilton (NYSE: HLT) expects to quadruple its portfolio in the Kingdom throughout the next five years to more than 50 hotels, with a total of 16,000 rooms open across the Kingdom.
Accor To Spearhead Lifestyle Hospitality Trend In Saudi Arabia With Dynamic Brands And New Experiences
Accor, a world-leading augmented hospitality group, will highlight its role as a pioneer of new lifestyle experiences in Saudi Arabia at the second Saudi Arabian Hospitality Investment Conference (SHIC), which takes place this week (January 21-22) in Riyadh.
IHG to open office in Riyadh
IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, has announced plans to open an office in Riyadh in March 2020. The news comes as IHG continues to expand its portfolio in the Kingdom in response to Vision 2030 and the opportunities it presents to the tourism and hospitality sector. The new office will also drive the performance of IHG's existing estate further in the country and simultaneously support the expanding portfolio, as well as the company's ambition towards leading Saudization efforts in the industry.
STR: Preliminary December Data For Abu Dhabi Hotels
STR's preliminary December 2019 data for Abu Dhabi, United Arab Emirates, indicates strong room rates despite weakened demand.