Thursday 24 May 2018
 
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Minor buys stake in Spanish hotel group for $226m

Minor International has reached an agreement to acquire 30,000,000 shares in NH Hotel Group for  €192 million ($226.3 million). The new acquisition, together with existing shareholding, will increase Minor's stake in NH Ho

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Tamdeen breaks ground on $824m Kuwait waterfront project

Kuwait’s leading property developer Tamdeen Group has broken ground on its KD250-million ($824 million) Al Khiran Project, The New Pulse of Kuwait, located in the heart of Sabah Al Ahmad Sea City. Spanning 116,000 sq m upon

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Tamdeen breaks ground on $824m Kuwait waterfront project

Kuwait’s leading property developer Tamdeen Group has broken ground on its KD250-million ($824 million) Al Khiran Project, The New Pulse of Kuwait, located in the heart of Sabah Al Ahmad Sea City. Spanning 116,000 sq m upon

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Tamdeen breaks ground on $824m Kuwait waterfront project

Kuwait’s leading property developer Tamdeen Group has broken ground on its KD250-million ($824 million) Al Khiran Project, The New Pulse of Kuwait, located in the heart of Sabah Al Ahmad Sea City. Spanning 116,000 sq m upon

More…

Flyadeal offers hotel reservation option with Booking.com

Flyadeal, Saudi Arabia’s low fares airline, has signed an agreement with online travel giant Booking.com to provide accommodation reservations through the airline’s website and mobile app, said a report. The new partne

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Ramada Ajman wins top sustainable tourism award

Ramada Hotel & Suites Ajman has secured its third consecutive Green Globe certification. As part of its continued commitment to sustainable tourism, the hotel was also granted a Climate Neutral Business Travel certification fo

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Makkah Millennium Hotel launches special Ramadan offers

Makkah Millennium Hotel and Towers, located by the Holy Haram Piazza in front of King Fahd Gate, will be offering a number of dining options and additional services for families and friends this Ramadan. With four dining venues lo

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Abu Dhabi hotel occupancy rates rise in April

Hotels in Abu Dhabi continued to see occupancy levels rise in April despite an absence of high-impact market events, which would have resulted in a higher volume of bookings. According to STR’s preliminary data report, it wa

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Millennium Hotels launches Middle East summer offer

As the warmer months quickly approach, Millennium Hotels and Resorts (Mena) has launched its summer offer, "Al Sayf fi Millennium’ – Summer at Millennium", offering guests discounted stays across 35 hotels in the Middle Eas

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A Ramadan to remember at Al Faisaliah Hotel Riyadh

This Ramadan, Al Faisaliah Hotel Riyadh invites guests to experience the holy month at one of the finest destinations in town. Conveniently located on Olaya Street near King Fahad Road, the award-winning hotel will be offering gue

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