Monday 2 February 2015
 
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hotels

Mideast hotel occupancy up 3.9pc in December

The Middle East/Africa region witnessed a 3.9 per cent increase in hotel occupancy levels in December last year to 61.9 per cent compared with the same period in 2013, a report released by global hotel data provider STR Global said. The

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Gulf Hotels Group in push to acquire BTC

The Gulf Hotels Group (GHG) said it has expressed an intent to acquire Bahrain Tourism Company (BTC). The company said it has submitted an initial non-binding letter of intent to the board of directors of BTC indicating its potent

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Barwa awards residential project contract

Barwa Real Estate Group said it has signed a QR88 million ($24.14 million) contract with Erga Qatar Architectural and Engineering Consultants to develop the second phase of its Dara residential project, which is coming up on a 147,000 sq m area

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Paris hotel occupancy rates down after deadly attacks

The deadly attacks in Paris earlier this month could have a lasting impact on tourism if anti-France protests that have swept the Muslim world lead wealthy Arabs to shun the city. Similar attacks in European cities such as London (UK) a

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Emaar says watching market conditions for hotels IPO

Emaar Properties, Dubai's largest listed real estate developer, is watching the markets closely to make a decision on a time frame for listing its hotels business, the company said on Thursday. "The timing of the IPO will

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Emaar says watching market conditions for hotels IPO

Emaar Properties, Dubai's largest listed real estate developer, is watching the markets closely to make a decision on a time frame for listing its hotels business, the company said on Thursday. "The timing of the IPO will

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Dubai needs more budget hotels now

Dubai is in urgent need of more budget and mid-level hotels and now is the time to build these in the city, an expert said. Luxury versus budget is a long-running debate among hotel investors. What provides higher and quicker return on

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Dubai needs more budget hotel now

Luxury versus budget is a long-running debate among hotel investors. What provides higher and quicker return on investment - a five-star or a mid-market hotel? Looking at the market conditions and demand in Dubai, the answer seems

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Swiss Belhotel to open 10 new hotels in GCC, Iraq

Swiss Belhotel International Group is planning to open 10 new hotels in the UAE, Saudi Arabia, Qatar, Oman and Iraq in 2015 as part of an expansion strategy in the region, the head of the group’s operations and development said.

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Bahrain may lift hotels clamp soon

Rumours have emerged that a ban on alcohol and live entertainment in three-star hotels will soon be lifted. The Gulf Daily News, our sister publication, spoke to representatives of two prominent hotel management groups, w

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