Saturday 20 April 2024
 
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'Gap between hotel owners, operators needs to be bridged'

The relationship between hotel owners and operators is becoming more complex with time, as owners are more performance driven and are no longer satisfied with long-term capital appreciation, one of the region's top hoteliers said.

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Qatar Air mulls raising stake in BA owner

Qatar Airways is considering further increasing its stake in British Airways owner  IAG SA after the UK-based company lost a third of its market value in the fallout from the country’s vote to leave the European Union, said a report c

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Dubai to host Domainers conference

The GCC’s first International Domain Industry Conference is set to begin at the Hotel Radisson Blu in Dubai on April 23. The two-day event is meant to introduce the Gulf region to the fast expanding domain market, which brings in

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ME residents 'own most luxurious yachts in the world'

Superyacht owners from the Middle East own the longest and most luxurious yachts in the world, according to the Superyacht Builders Association (SYBAss).   The association's members are set to take part at th

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Emirates Development Bank to host open day for SMEs

Emirates Development Bank (EDB) is set to host an SME Open Day in Abu Dhabi as part of its ongoing commitment to supporting UAE business owners and entrepreneurs.    The event will be held at the bank’

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Kuwaiti Building owners to go ahead with repairs

A court in in Bahrain has allowed owners of the controversial Kuwaiti Building to carry out maintenance, remodelling and repair work. The High Administrative Court ordered the Manama Municipality to pay for their legal expenses, s

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30pc of Dragon City retail space sought for GCC traders

A key committee of the Bahrain Chamber of Commerce and Industry (BCCI) has proposed that 30 per cent of the retail space in the Dragon City be allocated to Bahraini and Gulf business owners, with the remaining 70 per cent set aside for Chinese b

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30pc of Dragon City retail space sought for GCC traders

A key committee of the Bahrain Chamber of Commerce and Industry (BCCI) has proposed that 30 per cent of the retail space in the Dragon City be allocated to Bahraini and Gulf business owners, with the remaining 70 per cent set aside for Chinese b

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Bahrain hotels urge rethink on alcohol ban

Investors and hotel owners have urged Bahrain's leadership to reconsider a decision to ban alcohol, nightclubs and bars in three-star hotels.   The move will lead to detrimental social and economic repercussi

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Bahrain launches flat owners' association

An association comprising flat owners has been launched for the first time in Bahrain by the Housing Ministry.   Housing Minister Bassem Al Hamer chaired a meeting with board members of four model buildings - whi

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