Central Hotels Confirms Participation at Arabian Travel Market 2019
Central Hotels is all set for a strong presence at the Arabian Travel Market (ATM) 2019 with several announcements lined up during the show.
Central Hotels is all set for a strong presence at the Arabian Travel Market (ATM) 2019 with several announcements lined up during the show.
Hilton (NYSE: HLT) today announced the signing of a management agreement with Umm Al Qura Development and Construction Company to open the world's largest Hilton Garden Inn with 1,560 rooms and a 392-suite Embassy Suites by Hilton, both located in King Abdul Aziz Road project in Makkah.
Swiss-Belhotel International will showcase its outstanding portfolio of existing and upcoming properties at the Arabian Travel Market (ATM) 2019, the region's premier travel and tourism event scheduled to take place in Dubai from 28 April to 1 May 2019. With 7 new hotels lined up for opening in 2019, the year ahead looks extremely promising for Swiss-Belhotel International.
STR's preliminary March 2019 data for Jeddah, Saudi Arabia, indicates a drop in room rates during low occupancy season.
IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, has signed franchise agreements for two hotels, Staybridge Suites® Dubai Financial Centre and Staybridge Suites Dubai Internet City, with the Dubai-based real estate development firm, SRG Holding. The agreements will see the conversion of two SRG-owned developments to IHG's extended-stay brand Staybridge Suites. The two franchised assets will be operated by SRG Hospitality, the group's hotel management arm with opening dates set for January 2020.
STR's preliminary February 2019 data for Abu Dhabi, United Arab Emirates, indicates lower occupancy but significantly higher room rates. Based on daily data from February, Abu Dhabi reported the following in year-over-year comparisons:
The Sharjah Investment and Development Authority (Shurooq) has appointed Shaza Hotels to manage three luxurious retreats, which are Kingfisher Lodge in Kalba, Al Badayer Oasis in Al Badayer and Al Faya Lodge in Mleiha.
Hilton and Shomoul Holding Company announced today the signing of a landmark agreement to develop and operate four hotels in The Avenues - Riyadh, the largest mixed-use development project in the Kingdom of Saudi Arabia. The development will include one of the world's largest malls, with a leasable area of approximately 400,000sqm housing more than 1,300 stores.
Hotels in the Middle East reported negative January 2019 performance results, while hotels in Africa posted growth across the three key performance metrics, according to data from STR.U.S. dollar constant currency, January 2019 vs. January 2018Middle East
Following the recent launch of Waldorf Astoria Hotels & Resorts' new Live Unforgettable concierge offerings, Waldorf Astoria Dubai Palm Jumeirah is bringing the campaign to life in the Middle East with the introduction of a Jet Lag Guru. Unique to this property, the complimentary service will provide guests with advice on how to combat jet lag and help arrange tailored experiences including a relaxing Neom Tranquillity Bath on arrival and a special Jet Lag Menu at Vietnamese restaurant LAO. Renowned for anticipating travellers' every need with its 'True Waldorf Service,' Hilton 's iconic luxury brand makes strides to elevate and personalise the 'Live Unforgettable' campaign even further.
STR's preliminary January 2019 data for Dubai, United Arab Emirates, indicates performance affected by a continued influx of new room inventory. Based on daily data from January, Dubai reported the following in year-over-year comparisons:
Radisson Hotel Group is proud to announce the signing of six new hotels in Egypt as part of a portfolio deal across a number of its brands. The agreement was signed with existing business partner Zaghloul Holdings, a Cairo-based business conglomerate operating in real estate, contracting, tourism, commercial retail, entertainment and sports investment industries. The six hotels: Radisson Collection Hotel Cairo Heliopolis, Radisson Blu Serviced Apartments Cairo Heliopolis, Radisson Blu Hotel Cairo Golf City, Radisson Hotel New Cairo, Radisson Hotel & Resort Ain Sokhna and Radisson Blu Hotel & Resort Makadi Bay, Hurghada will mean Radisson Hotel Group becomes one of the largest international operators in the country and will also cement Radisson Blu's position as the leading brand in the city in the coming years.
With the new year in full swing, Four Seasons Hotel Cairo at The First Residence announces that it is the first Hotel in Egypt to install an electric car charging station, which is now fully-operational.
Radisson Hospitality AB, publicly listed on Nasdaq Stockholm, Sweden and part of Radisson Hotel Group, is proud to announce the signing of two new hotels in Saudi Arabia: the Radisson Hotel, Makkah Al Rahma and the Park Inn by Radisson Hotel, Makkah Al Rahma. The new agreement extends an existing partnership with renowned Saudi real estate developer and investor Sulaiman Abdulaziz Al-Rajhi and his real estate development company, Al-Rajhi Investments.The agreement increases Radisson Hotel Group's portfolio in Saudi Arabia to 43 hotels and more than 10,000 rooms in operation and under development. Both the Radisson Hotel, Makkah Al Rahma and the Park Inn by Radisson, Makkah Al Rahma are scheduled to open in Q2, 2021.
Qetaifan Projects Company, and a subsidiary of Katara Hospitality which was established to develop and manage Qetaifan Island North, signed a Memorandum of Understanding (MoU) with the Rixos Hotels to manage and operate the hotels, the souq, the water park and the beach club in Qetaifan Island North.
Chris Nader, Vice President - Development, Shaza Hotels, made a special presentation to a large audience of hotel owners and investors about 'Mysk by Shaza' at the Saudi Arabia Hotel Investment Conference (SHIC) in Riyadh. Mysk was voted the winner of The Three Minute Pitch out of the 16 leading brands that participated in the session open for owners and investors only.
The Arabian Hotel Investment Conference (AHIC) 2019 has released the second annual AHIC Hotel Investment Forecast, which reveals that close to US$30 billion worth of hotel construction contracts will be awarded in the Middle East and North Africa between now and 2023.
STR's preliminary December 2018 data for Dubai, United Arab Emirates, indicates performance consistent with significant growth in both supply and demand. Based on daily data from December, Dubai reported the following in year-over-year comparisons:
25-year-old OYO founder Ritesh Agarwal must've had a really happy NYE as the company he founded only a few years ago is seeing great results in global markets. From Asia to the UK — and now the Middle East — it seems there's no stopping his hospitality empire.
Radisson Blu, the upper upscale hotel brand that delivers a positive and personalized service in stylish spaces, is proud to announce the opening of two hotels in Abu Dhabi, United Arab Emirates (UAE). Both landmark hotels hold prominent locations, with the Radisson Blu Hotel & Resort, Abu Dhabi Corniche located on the vibrant and iconic sea walk of Abu Dhabi, while the Radisson Blu Hotel & Resort, Al Ain is situated in one of the UAE's cultural gems, known as the Garden City for its natural springs, plantations and lush palm groves.
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