Sunday 20 April 2014
 
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hospitality group

Saudi hospitality firm Al-Hokair plans 2014 IPO

Saudi Arabia's Al-Hokair Group, one of the largest entertainment and hospitality firms in the Middle East, is planning an initial public offering on the kingdom's bourse in 2014, two banking sources familiar with the matter said.

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Elaf announces big Saudi hotel projects

The Elaf Group of Companies, a leading travel, tourism and hospitality group in Saudi Arabia, has announced plans to construct four new hotels in key cities Jeddah, Makkah and Madina at a cost of SR400 million ($106.6 million). The announc

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Accor to open 23 new hotels in ME

Leading hospitality group Accor Middle East has announced plans to open 23 new hotels offering 5,891 rooms across the region in the next three years with key focus on the UAE and Saudi Arabia. Announcing the record expansion, Accor said ou

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