Saturday 1 October 2016
 
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Orange Suites Hotel Apartments to open in Bahrain next month

Orange Suites Hotel Apartments, Ahmed Sharif Company’s first foray into the hospitality industry in Bahrain, has wrapped up final preparations and is all set for the grand opening in Juffair this October. Managed by world re

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Ascott-Qatar fund JV buys Australian aparthotel

Leading serviced residence owner-operator The Ascott is acquiring its first serviced residence in Docklands, Melbourne through a 50:50 joint venture with Qatar Investment Authority (QIA). The A$71 million deal is part of its A$500

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UAE apartment, villa prices down in Q2

The apartment and villa prices fell marginally (under one per cent on average) in the prime UAE markets of Dubai and Abu Dhabi with 12-month declines of six per cent and four per cent respectively, said a report. The average rents

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SACO launches new aparthotel brand

SACO The Serviced Apartment Company has unveiled its new aparthotel brand, Locke, which encapsulates the company’s ambitious plans to drive the serviced accommodation sector forward. Created for travellers who want to experi

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Riyadh sees demand for apartment, villas

The demand for apartments and small-sized villas in Riyadh, Saudi Arabia, remained robust in 2015, but the sale prices of apartments and villas were subdued, said a report. The waiting period in residential compounds ranged betwee

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Dubai Investments to manage DIP housing project

Dubai Investments, a leading diversified investments conglomerate listed on the Dubai Financial Market, has signed an agreement to manage and market the 'The Palisades' project within Dubai Investments Park (DIP). The Pali

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Rezidor to open a Park Inn hotel apartment in Turkey

Rezidor, part of the Carlson Rezidor Hotel Group, has announced plans to open a Park Inn Apartment Hotel in Istanbul, Turkey. The 484-key property will be Rezidor's largest hotel in Turkey and increases the group's portfol

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Dusit Hotels inks new project in Dubai

Leading hospitality group Dusit Hotels and Resorts has signed a technical design agreement with ACES Property Development for a new hotel apartment project under its Dusit Princess brand in Dubai, UAE, said a report. The agreement was s

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Rotana signs new luxury hotel apartment in Morocco

Rotana, a leading international hotel management company, has signed a new agreement to manage an Arjaan Hotel Apartments by Rotana property in Morocco. The 140-key property will be located at M Avenue, the new high-end shopping,

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Savoy Suites Dubai recognised for green initiatives

Savoy Suites Hotel Apartment in Dubai, member of the Dubai Quality Group, was the top winner of the Best Eco - Initiative award at the Middle East Hotel Awards (MEHA) 2016 ceremony held last week. The ceremony, organised by dmg ev

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