Press Releases

Press Release General Management

January 23, 2025

Valor Hospitality Partners Strengthens Dubai Presence with the Signing of a Portfolio Agreement with Karmastaji Group

Valor Hospitality Partners, a leading full-service global hospitality management company, has signed a strategic Hotel Management Agreement (HMA) with Karmastaji Group to oversee a portfolio of three hotels in Dubai with 259 keys and five outlets. This partnership underscores the trust that Dubai-based Karmastaji Group has placed in Valor Hospitality Partners Middle East to deliver exceptional operational efficiency and maximize investment returns. Valor’s expertise in hospitality management continues to help visionary developers like Karmastaji Group transform their assets into successful business ventures.

Valor Hospitality

United Arab Emirates

January 15, 2025

Qatar hotel performance jumped for eventful December

Host of multiple events, Qatar’s hotel industry saw its highest December occupancy on record, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

CoStar

Qatar

Press Release Human Resources

December 27, 2024

Naif Alrajhi Investment & Accor debut first TRIBE and TRIBE Living in Saudi Arabia

Accor, a world-leading hospitality group, and Naif Alrajhi Investment, are proud to announce the signing of the first TRIBE and TRIBE Living addresses in Saudi Arabia within King Salman Park project. This milestone reflects both TRIBE’s ambitious global expansion and the Saudi Vision 2030 to create vibrant urban spaces that inspire residents and visitors alike. This follows the King Salman Park Foundation's announcement last year to develop the first real estate investment plot within King Salman Park, in partnership with Naif Alrajhi Investment.

Accor

Riyadh, Saudi Arabia

December 17, 2024

Amsa Hospitality Academy Partners with King Khalid University for Graduate Training Program

Amsa Hospitality Academy is delighted to announce a new partnership with King Khalid University for the launch of a joint training program. Launched in November, an inaugural cohort of 20 university graduates has begun vocational training at the soon-to-open Mercure Khamis Mushait, the first internationally branded hotel in the Aseer Province city of Khamis Mushait.

Amsa Hospitality

Visit HITEC 2026 in San Antonio!

Press Release

December 13, 2024

Hilton on Track to Triple its Portfolio in Egypt with Plans to Open 25 Hotels Across the Country

Hilton (NYSE: HLT) is on track to triple its presence in Egypt with plans to open 25 hotels across the country, including the signing of more than ten new properties under the global hospitality company’s award-winning brands. Hilton’s growing pipeline brings it closer to its aim of exceeding 40 hotels operating in Egypt over the coming years.

Hilton

Egypt

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Hospitality Financial and Technology Professionals (HFTP)

Ad Guide

The next-gen metrics that move hotel P&L

Hotel tech has changed what's possible – and measurable. RevPAR and ADR aren't enough; discover the metrics that really matter.

Mews

Press Release Design & Architecture

December 5, 2024

Marriott International Signs Agreement With Knowledge Economic City to Open Three Hotels in Madinah, Saudi Arabia

Marriott International, Inc. announced it has signed an agreement with Knowledge Economic City (KEC) to open three hotels within the Holy City of Madinah in Saudi Arabia. The anticipated openings will be part of the KEC master-development and feature over 1,200 rooms across three of the company’s brands – Courtyard by Marriott, Four Points by Sheraton and Residence Inn by Marriott.

Marriott

Madinah, Saudi Arabia

November 18, 2024

Accor (unpacked): 25hours Hotel Dubai One Central, Building a Legacy by Connecting Communities with a Holistic Ecosystem of Experiences Rooted in Local Heritage

Building on the success of our first episode, the Accor (unpacked) video series returns to uncover more captivating stories from our hotels and brands through the voices of our teams. In this episode, we discover Ennismore’s 25hours Hotel Dubai One Central with Mehdi Khei, General Manager and Sanela Vuckovic, Restaurant Manager at the Nomad Day Bar. It’s now their turn to share meaningful items from their luggage – a book from the hotel’s spectacular library and a pack of Nightjar coffee beans from the Nomad Day Bar – as symbols of the way the hotel builds a unique legacy, based on local connections, cultural diversity and a special sense of community.

Accor

Dubai, United Arab Emirates

Abu Dhabi, United Arab Emirates

November 15, 2024

Aldar Adds to Saadiyat Cultural District’s Exceptional Luxury Living with Launch of Mandarin Oriental Residences

Aldar, the UAE’s leading real estate developer, investor, and manager, today announced the launch of Abu Dhabi’s first-ever Mandarin Oriental Residences, located within Saadiyat Cultural District. Designed by Bjarke Ingels Group, the 226 unique and luxurious residences will be managed by Mandarin Oriental Hotel Group and sales launch on 21 November 2024.

Aldar Properties and Mandarin Oriental

Press Release Human Resources

November 15, 2024

Shaping Jordan’s Culinary Future Through Youth Empowerment

Did you know that Jordan’s hospitality industry is one of the fastest-growing in the Middle East, with a projected annual growth rate of over 5%? In the heart of this thriving sector is the Royal Academy of Culinary Arts (RACA), a pioneering institution driving excellence in culinary education.

EHL

Jordan

November 13, 2024

Dubai hotel occupancy jumped during Diwali

Diwali celebrations helped Dubai’s hotel industry post its highest October occupancy level since 2012, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

CoStar

Dubai, United Arab Emirates

November 13, 2024

Dusit International and TDF collaborate to drive excellence in the hospitality sector

Dusit International, one of Thailand’s leading hotel and property development companies, has signed a Memorandum of Understanding (MoU) with Tourism Development Fund (TDF), the national enabler of the tourism sector in Saudi Arabia, to establish a preliminary framework for developing hospitality projects that will enhance the country’s tourism infrastructure.

Dusit

Press Release General Management

October 30, 2024

UN Tourism Celebrates Excellence and Innovation at Qatar Tourism Awards

The second edition of the Qatar Tourism Awards welcomed around 1,200 applications from businesses and individuals working in the sector. The different categories and sub-categories were designed to reflect the diversity of Qatar's growing tourism sector. Between 2019 and 2024, international arrivals to Qatar grew by 147%, with the sector also a growing hub for tourism innovation and investments.

UN Tourism

Qatar

Press Release

October 23, 2024

Hotel Éclat Beijing Signs Memorandum of Understanding with Nasla Tourism Co., Bringing the Éclat Hotels Brand to Saudi Arabia

Hotel Éclat Beijing, renowned for its vast art collection, themed private lagoon suites, and unparalleled luxury service, is excited to announce the signing of a Memorandum of Understanding (MoU) with Nasla Tourism Co. The collaboration marks the brand’s official entry into the Saudi Arabian market, aligning with the Kingdom’s Vision 2030 initiative to elevate its tourism sector.

Eclat Hotels

The next-gen metrics that move hotel P&L

Ad Guide

Hotel tech has changed what's possible – and measurable. RevPAR and ADR aren't enough; discover the metrics that really matter.

Mews

Press Release General Management

October 14, 2024

Valor Hospitality To Manage First Property in Saudi Arabia

Valor Hospitality Partners a leading global full-service hotel management company, is proud to announce the signing of its Lifestyle property in the Kingdom of Saudi Arabia, in the city of Abha, the capital of the Aseer region. The upscale Hijla Hotel, owned by Mr. Mohammed Manaa Almounis and Mr. Samir Muhammad Al Qahtani, and Kayan Almusanada company, in collaboration with the Tourism Development Fund (TDF), is slated to open its doors in the 2nd semester of 2025. This new venture represents a significant milestone for Valor Hospitality Partners to expand its portfolio in Saudi Arabia.

Valor Hospitality

October 1, 2024

IHG Hotels & Resorts debuts Vignette Collection brand in Egypt, at a Landmark Heritage location

IHG Hotels & Resorts, one of the world’s leading hotel companies, has signed a management agreement with Maxim Hotels and Resorts Management to bring the Vignette Collection brand to Egypt with a signing in Port Said. Scheduled to open its doors in December 2027, Vignette Collection Hotel Royal Maxim Port Said will seamlessly blend heritage and contemporary hospitality, offering guests a luxurious yet authentic experience.

IHG

Egypt

Abu Dhabi, United Arab Emirates

September 30, 2024

IHG and Aldar Partner to Transform Six Adjoining Hotels into an Integrated Luxury Resort on Abu Dhabi’s Yas Island

IHG Hotels & Resorts, one of the world’s leading hotel companies, is significantly expanding its UAE presence through a strategic partnership with Aldar, the country’s leading real estate developer, investor, and manager.

IHG

September 11, 2024

Abu Dhabi hotel occupancy reached August high

Helped by three events, Abu Dhabi posted its highest August hotel occupancy on record, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

CoStar

United Arab Emirates

August 7, 2024

Saudi hospitality ADR and RevPAR rise in first half of 2024

In the second quarter of 2024, Saudi Arabia’s hospitality sector demonstrated robust growth, reflecting the Kingdom’s ongoing efforts to enhance its tourism and travel industry. According to the latest CBRE Middle East Real Estate Market Review, key performance indicators (KPIs) for all major hospitality markets in Saudi Arabia have surpassed pre-pandemic levels.

CBRE Hotels