Saturday 26 May 2018

Delta Hotels By Marriott debuts in Germany

Delta Hotels, part of Marriott International, has officially launched Delta Hotels by Marriott Frankfurt Offenbach, marking the European debut of the hotel brand. The opening is a significant landmark in the global rollout of the highly regarded Delta Hotels portfolio – one


Hyatt plans first hotel in Ireland

Leading hospitality firm Hyatt Hotel Corporation has announced plans for the first Hyatt property in Ireland. A Hyatt affiliate has entered into a franchise agreement for a Hyatt Centric hotel in Dublin with Realmside, an affiliate of Hodson Bay Group, an Irish hotel and property


Dusit Thani Laguna Singapore welcomes new GM

Dusit International, one of Thailand’s foremost hotel and property development companies, has appointed Eric Piatti as general manager of Dusit Thani Laguna Singapore, the first Dusit-branded property within the country, scheduled to open in Q1 2019.   Piatti is respons


Mubadala, Russia fund to develop Siberian oil fields

Mubadala Petroleum, the UAE-based leading oil and gas exploration and production company, and the Russian Direct Investment Fund (RDIF) have formed a joint venture Gazprom Neft to develop several oil fields in the Tomsk and Omsk regions of Siberia. RDIF and Mubadala Petroleum wil


Corporate sourcing of renewables growing: Irena

Companies in 75 countries actively sourced 465 terawatt hours (TWh) of renewable energy in 2017, an amount close to the overall electricity demand of France, according to a new report from the International Renewable Energy Agency (Irena). With the continued decline in the costs


UAE, Saudi Arabia sign pact to avoid double taxation

The UAE, represented by the Ministry of Finance (MoF), has signed an agreement for the Avoidance of Double Taxation and Prevention of Tax Evasion with respect to taxes on income and capital, with Saudi Arabia. The signing took place at the headquarters of the Saudi Ministry of Fi


Bahrain invites bids for 682-unit housing project

Bahrain's government has invited bids from qualified consultants and contractors for providing contract management and site supervision consultancy services and construction and maintenance of 682 residential apartment units on islands 10 and 11 at Madinat Salman (formerly Northern Town)&nb


Best Western launches new summer promotion in Asia

Best Western Hotels & Resorts has launched its new Summer Promotion, offering a Best Western Travel Card to its loyal guests all across Asia. Under this appealing offer, members of the company’s award-winning loyalty program, Best Western Rewards, will receive a Best We


Oman to draw $50bn in tourism investment by 2040

Tourism continues to play a prominent role in driving Oman’s long-term economic development with future investment in the hospitality sector projected at around $50 billion over the next two decades through to 2040, said a report. While the government’s share in this


45pc in Mena victim of financial crime: study

Forty-five per cent of executives in the Mena region had been a victim of at least one form of financial crime during the 12 months preceding a survey by Thomson Reuters as opposed to 47 per cent globally. Extensive third-party networks are evident in Mena, but just 42 per cent o

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