Rotana at Saudi Tourism Forum 2024
Rotana announced its expansion plans in the Kingdom of Saudi Arabia during the second edition of the Saudi Tourism Forum (STF).
Press Releases
First speakers announced for Future Hospitality Summit Saudi Arabia
The 2024 edition of the Future Hospitality Summit (FHS) Saudi Arabia, which is set to take place at Mandarin Oriental Al Faisaliah, Riyadh from 29 April to 1 May 2024, has confirmed the first speakers for the region’s leading hospitality investment platform.
ADQ and ADNEC Group enter into definitive agreements to acquire a 40.5 percent stake in TMG Holding’s hospitality business in Egypt
DQ, an Abu Dhabi-based investment and holding company, and ADNEC Group (“ADNEC”) today announced the signing of definitive agreements for the strategic acquisition of a 40.5 percent stake in Egypt-based Talaat Moustafa Group Holding’s (“TMG Holding”) hospitality arm, ICON Group (“ICON”) through a capital increase. ADQ and ADNEC will invest through a special purpose vehicle, with 49 percent equity ownership by ADQ and 51 percent equity ownership by ADNEC.
COP28 and New Year’s Eve boosted Dubai hotel performance in December
Helped by COP28 and New Year’s Eve, Dubai’s hotel industry reported its highest monthly average daily rate (ADR) on record, according to preliminary December data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
IHG Hotels & Resorts partners with MDLBEAST to bring futuristic & AI-inspired experiences to music fans in the Middle East
For the first time IHG Hotels & Resorts is collaborating with MDLBEAST– a leading entertainment company rooted in music culture in Saudi Arabia to serve as a key partner across various festivals in the kingdom.
NEOM announces Norlana, its coastal wellness-focused community
The Board of Directors of NEOM has announced Norlana, an ultra-modern active lifestyle community, as the latest addition to the evolving regional development in northwest Saudi Arabia.
The Future Hospitality Summit Returns to Saudi Arabia
After the record-breaking and buzzing success of the 2023 edition of the Future Hospitality Summit (FHS) Saudi Arabia, which saw over 1,100 delegates from 35+ countries attend, the Kingdom’s most influential hospitality investment event returns to Al Faisaliah Hotel in Riyadh from 29 April to 1 May 2024.
Hilton Green Breakfast Records 62% Reduction in Food Waste Across 13 UAE Hotels
Hilton, in collaboration with Winnow and ne’ma, the United Arab Emirates (UAE) National Food Loss and Waste initiative, announced the results of the ‘Green Breakfast’ pilot program which saw a 62% reduction in pre- and post-consumer food waste across breakfast operations in 13 UAE-based hotels across a four-month period. As a company founded on the belief that hospitality has the power to be a force for good, Hilton is committed to reducing waste across our global operations by implementing a food waste reduction program in every kitchen and taking active steps globally and within the UAE to reduce food waste across its portfolio of brands.
Hilton Gears Up for COP28 in Dubai
As Dubai prepares to welcome the world for the Conference of Parties, or COP28, in Dubai, Hilton teams across the country are gearing up to welcome delegations, host organizations supporting discussions and participate in formal conversations representing the broader hospitality industry. With a focus on driving responsible travel and tourism globally, team members at Hilton’s 35 properties in the United Arab Emirates (UAE) are working to bring Travel with Purpose, Hilton’s strategy to advance responsible travel and tourism globally, to life throughout COP28 and beyond.
Aldar Launches Beachfront Living On Ras Al Khaimah’s Al Marjan Island With Nikki Beach Residences
Aldar Properties ('Aldar') announced today the launch of Nikki Beach Residences, a new community set against the spectacular backdrop of the Arabian Gulf on Al Marjan Island, with a blend of exciting and rejuvenating leisure experiences that will redefine beach living in the emirate.
Les Roches Announces Plans to Establish Its Region’s First Hospitality Education Academy with DCT in Abu Dhabi
Abu Dhabi, UAE - The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) has announced the establishment of a cutting-edge hospitality education academy in Abu Dhabi in September 2024. The academy will be managed and guided under the stewardship of Les Roches, a globally acclaimed hospitality and leisure higher education institution, with the objective of providing hospitality skills and academic knowledge to nurture homegrown talent in the UAE and in the region.
NEOM announces Epicon - its luxury coastal tourism destination on the Gulf of Aqaba
The Board of Directors of NEOM, the sustainable regional development taking shape in northwest Saudi Arabia, today announced Epicon, its latest luxury coastal tourism destination, including a residential offering.
Radisson Hotel Group welcomes guests during COP28 with Net Zero Nights
During the COP28 climate conference, Radisson Hotel Group ensures that every guest night between 30 November and 12 December 2023, in its entire UAE portfolio of 16 hotels, becomes Net Zero. This remarkable achievement is made possible through a two-fold approach: Renewable Energy certificates and Certified Carbon Credits.
Riyadh hotel ADR and RevPAR reached record highs in October
Riyadh’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) level on record, according to October 2023 preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Red Sea Global Reveals Own Luxury Hotel Brand: Shebara
Saudi developer Red Sea Global will own and operate its own luxury hotel brand, Shebara, in the giga-project, it has revealed.
Dubai Airshow and COP28 push hotel bookings
Dubai’s hotel industry has seen a noticeable jump in occupancy on the books as the market prepares to host the Dubai Airshow and COP28, according to CoStar’s Forward STAR data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Saudi Crown Prince Launches ARDARA and its Flagship Destination AlWadi in the Heart of Abha
His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz, Deputy Prime Minister, and Chairman of the Public Investment Fund (PIF) launched ARDARA to develop its flagship destination "AlWadi" in the Aseer region as its first destination, aiming to be a first of its kind urban lifestyle destination for local and international tourists. AlWadi has been developed in line with the Public Investment Fund's strategy to develop distinctive experiences across the Kingdom, in line with Vision 2030.
NEOM announces Leyja, its latest sustainable tourism destination
The Board of Directors of NEOM, the sustainable regional development taking shape in northwest Saudi Arabia, today announced Leyja, its latest tourism destination, further strengthening and enriching the Kingdom's ecotourism offering.
Dubai hotels posted highest September occupancy since 2016
Dubai’s hotel industry posted its highest September occupancy since 2016, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Valor Hospitality Partners Continues Middle East Expansion with Second Pakistan Property
Industry-leading Valor Hospitality Partners has been named lead operators of a new, multi-use development in Karachi, Pakistan by AAA. The Octa Karachi development consists of 314 commercial, retail and community spaces and will be Valor’s second property in Pakistan. This brings the global brand’s portfolio to more than 6,000 keys—with more than 900 in the Middle East.