IHG Hotels & Resorts expands Luxury & Lifestyle footprint in Saudi Arabia with a new Hotel Indigo signing
Enabled by the Tourism Development Fund (TDF), the partnership between IHG and Refad will bring a unique hospitality experience to Al Khobar.
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Accor spearheads hospitality expansion throughout Saudi Arabia
The group is set to maintain and build on its leading position in The Kingdom, boasting over 25,000 rooms open and in the pipeline across a diverse range of brands from economy to lifestyle and luxury, including branded residences, the portfolio will be further enriched with the growth of its existing brands and the debut of new brands such as TRIBE ans Handwritten Collection.
Ladun Investment signs partnership agreement with Cheval Collection for the construction and operation of Ladun Cheval Living
Ladun Investment Company signed a partnership agreement with award-winning hospitality group, Cheval Collection featuring numerous contracts for the construction and operation of Cheval Ladun Living - a tower featuring luxury hotel apartments situated on King Fahd Road (near King Abdullah Financial Center) in Riyadh. The signing took place during the prestigious Future Hospitality Summit held in Riyadh from April 29 to May 1, 2024.
Accor & Alesayi Holding Announce Development of Abraj Omar Hotel & Residences Makkah – MGallery Collection
Accor, a world-leading hospitality group, in partnership with Alesayi Holding, a leader in the Saudi Arabian real estate market with a diverse portfolio of residential and commercial units, has announced plans for the opening of a new hotel and residences development, Abraj Omar Hotel & Residences Makkah - MGallery Collection, located in the heart of the Holy City of Makkah, Kingdom of Saudi Arabia.
Marriott International Signs Agreement With NEOM to Bring the Ritz-Carlton Reserve to Trojena, the Mountains of NEOM
Marriott International, Inc. announced it has signed an agreement with NEOM to open its second Ritz-Carlton Reserve in Saudi Arabia. Anticipated to open in Trojena, a year-round mountain destination located in the northwest region of the country, the property will offer a complete escape into a private world of luxury.
Tobias Ernst has been appointed as Director of Operations at Shangri-La Jeddah
Shangri La Jeddah has appointed Tobias Ernst as director of operations. With extensive experience in international hotel management spanning the Far East to the Middle East, Ernst brings a wealth of familiarity with the Shangri-La brand.
Saudi Arabia's Tourism Development Fund (TDF) and Karisma Hotels & Resorts International sign MOU
Saudi Arabia's Tourism Development Fund (TDF) and Karisma Hotels & Resorts International signed a Memorandum of Understanding (MOU), exploring opportunities for developing luxury resorts in Saudi Arabia. The signing took place on 17th April at the International Hospitality Investment Forum (IHIF) in Berlin.
Saudi Arabia Highlights Investment Initiatives in Tourism at International Hospitality Investment Forum
The Saudi Ministry of Tourism is currently taking a prominent stage at the International Hospitality Investment Forum (IHIF), presenting a unique opportunity for global investors to dive into the thriving tourism landscape of the Kingdom. With the spotlight on the Tourism Investment Enablers Program (TIEP), that was recently announced, Saudi Arabia is aggressively pushing towards its Vision 2030 goal of being a top global tourism destination for investors and tourists alike.
Reem Garash has joined HVS MEA as New Partner for Kingdom of Saudi Arabia
HVS, the premier global consulting firm focused solely on the hospitality industry, is delighted to announce the appointment of Reem Garash as its newest partner. With over 12 years of unparalleled experience in hospitality and expertise in strategic planning, finance, and business development, Reem brings invaluable insights to support HVS's growth strategy in Saudi Arabia.Reem, holding a Bachelor's degree in Banking and Finance and an MBA from Queens University of Charlotte, is recognized for her outstanding leadership and visionary approach. Her certification in hotel investment modeling equips her to drive growth and profitability across various hotel brands.Reem's mission is to capitalize on HVS's strategic partnerships in Saudi Arabia, delivering excellence and creating value for customers, partners, and stakeholders while expanding the hospitality business's presence. Notably, she successfully with her partners restructured Shada, a family-owned business, establishing its hospitality division and securing substantial assets worth approximately SR 550 million.Additionally, Reem spearheaded the creation of ALF, a micro-economy hotel brand for Shada, earning accolades as the best new brand at FHS 2023. Her tenure as CEO of Nuzul and subsequent role as Managing Director showcased her remarkable acumen, including the acquisition and implementation of the Dara brand across 8 properties.In a testament to her commitment to social responsibility, Reem co-founded Sa'af Housing, a non-profit organization providing housing for Saudi Social Security beneficiaries, delivering over 500 houses since its establishment in 2021."We are thrilled to welcome Reem Garash to HVS as our newest partner," said Hala Matar Choufany, President, Middle East and Africa at HVS MEA. "With her extensive experience, innovative spirit, and commitment to excellence, Reem will undoubtedly play a pivotal role in further strengthening our existing relationships and driving our company's continued success and growth. Our team has more than 15 years of experience in the Kingdom and we have advised on hundreds of hospitality assets, providing unparalleled hospitality intelligence to our clients. Reem Garash's appointment comes at an exciting time for HVS MEA, and we look forward to leveraging her expertise to propel the company to new heights".
Jeddah room rates jumped during Formula One
Helped by the annual Saudi Arabian Grand Prix, Jeddah’s hotel industry reported performance growth across the metrics, according to March preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
The soft opening of Dar Rayhaan by Rotana, Al Khobar
Rotana announced the soft opening of Dar Rayhaan by Rotana, Al Khobar, in the Kingdom of Saudi Arabia (KSA).
Saudis Scale Back Ambition for $1.5 Trillion Desert Project Neom
Saudi Arabia has scaled back its medium-term ambitions for the desert development of Neom, the biggest project within Crown Prince Mohammed bin Salman’s plans for diversifying the oil-dependent economy, according to people familiar with the matter.
BloomBerg.com and NEOM
Peter Katusak-Huzsvar has been appointed as General Manager at The Ritz-Carlton, Jeddah
The Ritz-Carlton, Jeddah has appointed Peter Katusak-Huzsvar as general manager.
Neom Announces Treyam, Its Premier Lagoon Destination
NEOM's Board of Directors has unveiled Treyam, a premier resort positioned where the spectacular desert landscape meets the sea. Boasting an audacious design with minimal land intervention, Treyam offers guests an elevated haven in which to unwind, re-energize and enjoy majestic natural surroundings. The resort is the latest addition to NEOM, the evolving regional development taking shape in northwest Saudi Arabia.
Jeddah Historic District, ‘Al Balad’ Launches First Three Heritage Hotels with UNESCO World Heritage Status
Jeddah Historic District today launches the restoration and regeneration of three historic properties in Al Balad into heritage hotels, an area of great historical and cultural significance on the West Coast of the Kingdom of Saudi Arabia, with UNESCO heritage protection. The hotels are part of Jeddah Historic District Program, under the Ministry of Culture, which has paved the way in the regeneration of the old town of Al Balad. Named House of Jokhdar, Kedwan and Al Rayess, each hotel has been carefully reinvigorated with the work of historians and the knowledge of locals, utilising local artists, carpenters and architects as well as locally sourced products. The three properties thoughtfully reflect their original layout and design whilst offering luxurious and effortlessly chic modernity.
Zinia Alhariri has been promoted to Director of Marketing & Communications at Mansard Riyadh, A Radisson Collection Hotel
Mansard Riyadh, a Radisson Collection Hotel, has promoted Zinia Alhariri to director of marketing & communications.
Red Sea Global and Four Seasons Announce New Luxury Wellness Resort and Residences at AMAALA Triple Bay
Four Seasons is the latest brand to join the collection of luxury hospitality partners at AMAALA, introducing the brand's legendary service to Saudi Arabia's new beachside development.
WTTC Commends Saudi Arabia On Launch Of Tourism Investment Enablers Program
The World Travel & Tourism Council (WTTC) commends Saudi Arabia on the announcement of its Tourism Investment Enablers Program (TIEP). This program will create a more attractive investment landscape in the Kingdom of Saudi Arabia, making it easier and more cost-effective for international and local investors to do business.
Saudi Arabia unlocks multi-billion dollar investments as part of its wider drive to become a global tourism powerhouse
The Saudi Minister of Tourism, His Excellency Ahmed Al-Khateeb unveiled a program that will significantly boost the country's fast-growing tourism sector.
Boutique Group showcases Saudi Arabia’s heritage and ultra-luxury hospitality at the world’s leading travel trade show – ITB Berlin
Boutique Group, the pioneering ultra-luxury hospitality group in the Kingdom of Saudi Arabia, is pleased to announce its participation at ITB Berlin, the world’s leading travel trade show. This prestigious event, scheduled for March 5-7, serves as the perfect platform for Boutique Group to showcase its commitment to preserving Saudi Arabia’s rich heritage while redefining the luxury hospitality experience.