Sunday 19 April 2015
 
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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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Damac adds two new hospitality projects in Dubai

Luxury real estate developer Damac Properties has launched two new serviced hotel apartments in the Burj area in Dubai, UAE. Damac Maison The Vogue and NAIA Breeze are now welcoming guests and have a joint capacity of more than 50

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Gulf Hotels signs key management deal with Asdal

Gulf Hotels Group has signed a management agreement with Asdal Hotel for the operation of a four-star deluxe property in Seef District, Bahrain. The hotel is currently under refurbishment and expected to be opened in September, sa

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Oman readies for tourism boost with 54 new hotels

Around 54 new hotels are currently being developed in Oman, on top of 23 last year, which signals a huge increase in capacity coming onto the market, broadening the scope for services across the tourism sectors, said an industry expert.

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Gulf Hotels Group to spend $132m on expansion

A new expansion strategy will see Bahrain-based Gulf Hotels Group investing $132 million over the next few years to expand the existing hotel portfolio and establish a number of stand-alone restaurants, it has emerged. The group c

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Dubai's hotels welcome 11.6m guests

UAE emirate Dubai is continuing to maintain growth at a sustainable level as its hotel establishments welcomed more than 11 million guests in 2014, registering a 5.6 per cent increase on 2013’s total. The emirate also showed stead

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