Thursday 7 May 2015
 
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hotels

Global investors eye booming MEA hotel market

The international investor's appetite for the hotel sector in Middle East and Africa (MEA) remains strong with Dubai dominating the market thanks to its ease of access, quality hospitality offering, modern infrastructure, leisure and enterta

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Emaar Hospitality to manage four projects in Bahrain

Emaar Hospitality Group, the hospitality and leisure business of global developer Emaar Properties, has announced its expansion to Bahrain with plans to open four new properties. The group has also signed hotel and serviced reside

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Rotana to open 11 new hotels this year

Rotana has announced plans to substantially grow its portfolio in 2015 with the addition of 11 new properties spanning the United Arab Emirates, Saudi Arabia, Qatar, Bahrain and Turkey, in addition to its first property in the African market.

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FRHI Hotels signs two new properties in Egypt

Leading hospitality group FRHI Hotels & Resorts continues to expand its portfolio with the recent signing of two new hotel projects in Egypt and the unveiling of a tri-brand hotel development in Sharm El Sheikh. The parent com

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Saudi Arabia's hotel market booming

Saudi Arabia’s hospitality market can expect to witness high levels of new supply over the next three years as many of the previously delayed projects come to fruition, said a report. This increase in supply is likely to increase

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Omran to develop six new hotels in sultanate

Omran, Oman's tourism development and investment company, plans to open six new hotels in the Sultanate between 2015 and 2017. The company will develop the properties either in joint venture, or as wholly owned entities, said a repo

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Fashion TV targets the Gulf for branded properties

Fashion TV, a French-based fashion and lifestyle broadcaster, is eyeing the GCC to launch its brand of hotels and residences. Targeting investors and real estate developers interested in branding their projects, Fashion TV present

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Dubai's housing prices fall slightly in Q1

Housing prices fell slightly in Dubai, UAE, and rents were flat in the first quarter of 2015 in the emirate compared with the final three months of last year, a report by property consultants JLL showed on Monday. The real estate market

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Cristal Hotels to participate in ATM

With three hotels opening in Saudi Arabia by next year, Abu Dhabi-based Cristal Hospitality will be participating in the Arabian Travel Market (ATM), taking place in Dubai, UAE, next month. According to president and CEO of Crista

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Eight new hotels, serviced apartments to come up in DIP

Eight new hotels and serviced apartments will be built over the next five years within Dubai Investments Park (DIP) in UAE. The new hotels and serviced apartments, to be built by individual investors, will be of various star categ

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