Italian technology company Vimar said its Eikon Exé electrical control and home automation range has been selected for the newly opened Raffles Jeddah, a luxury hospitality development featuring 182 rooms and suites in addition to 120 apartments with private terraces.
Global hospitality group Accor has announced that it has sealed a partnership deal with Al Qimmah Hospitality, a subsidiary of Bin Dawood Investment Company, to develop a portfolio of more than 4,000 keys across Saudi Arabia, including an 850-room Novotel property in Makkah.
Saudi Arabia’s hotel sector has remained resilient despite broader international travel disruptions, supported by religious tourism, sustained domestic travel and revenue and cost optimisation, according to JLL’s KSA Hotels Market Dynamics Q2 2026 report.
Dubai’s mid-market hotels maintained comparatively higher occupancy than those in the premium sector in H1 2026 as regional airspace disruption and heightened geopolitical uncertainty weighed on hotel demand, says leading real estate advisory and property consultancy, Cavendish Maxwell.
The UAE hospitality sector remains resilient despite 2026 headwinds, supported by Dubai’s AED2.5 billion relief package. Hotel stock reached 159,300 rooms in Dubai and 33,650 in Abu Dhabi in Q2, with further expansion expected, JLL’s latest report said.
Radisson Hotel Group has introduced an AI-powered real-time price matching feature that automatically matches lower publicly available room rates found on third-party booking platforms, aiming to simplify direct hotel bookings.
Banan Real Estate Company has announced that it has secured a contract from Saudi-based Afaq Al Qimma Al Rabiaa Al Mutatawera Company for the development and marketing of a hotel project within Al Rahmaniya neighbourhood in capital Riyadh.
The UAE’s hospitality market experienced a challenging first half of 2026 as regional disruptions impacted international travel demand and airline operations. The hotel occupancy rates across the country plunged 27.7% with Dubai recording the sharpest declines, said a report.
Knowledge Economic City (KEC), together with its subsidiary Algharraa International Real Estate, has signed an agreement with BSF Capital to establish a private real estate fund for the development of Knowledge Gardens project, being set up within its premises in Madinah at an investment of SAR7.5 billion ($1.96 billion).
Emirates Water and Electricity Company (EWEC) has entered into a strategic partnership with Andaz Capital Gate Abu Dhabi, a five-star boutique lifestyle hotel from top hospitality group Hyatt, to power the property with clean energy, verified through Clean Energy Certificates.
