The Radisson Hotel Madinah, a new four-star hotel, was opened in Madinah in the presence of Saudi Arabia’s Minister of Tourism, Ahmed Al-Khateeb.
Visa, a leader in digital payments, has partnered with TBO.COM, one of the leading B2B travel distribution platforms, to provide Visa cardholders exclusive access to a global network of hotels at competitive rates, complemented by exclusive benefits designed to enhance every stay - whether for business or leisure.
Abu Dhabi’s hotels saw strong January performance, with occupancy at 85.2% (-0.5% YoY), while average daily rate (AED 846.34/$230.45) rose 10.4% and RevPAR increased 9.9% to AED 720.98, driven by strong demand and higher room rates, according to CoStar data.
The number of hotel rooms in Saudi Arabia is set to expand significantly from the current stock of 171,650 keys, with around 94,500 additional rooms under construction or at advanced planning stages, following a stellar year in which the Kingdom’s travel and tourism industry grew by 32%, according to a report by Knight Frank, a property consultancy firm.
Revenues for hotels classified within the 3 to 5-star category in Oman rose by 22.2 per cent by the end of December 2025, reaching approximately RO 297.3 million ($773. 2 million) compared to the same period in 2024. Hotel occupancy rates also increased to 56.7 per cent, up from 49.9 per cent during the corresponding period in 2024.
Makkah Construction and Development Company has bought 6,986 sq m of land at an auction for SAR980 million ($261 million). The plot, which is in close proximity to the Grand Mosque, is ideal for setting up a mixed-use project featuring a hotel and a mall, it said.
Hotel revenues in Oman rose by more than 18% year-on-year between January and September 2025 to reach a new nine-month high of OMR193.4 million ($505 million), according to a real estate advisory and property consultancy, Cavendish Maxwell.
Mirage, a leading multidisciplinary engineering group, has been appointed as the project management consultant for Janu Hotel & Branded Residences on Al Marjan Island in Ras Al Khaimah. The project comprises a 132-key upscale hotel, five premium villas and 73 residential units.
Leading global hospitality group Hilton and RMKA Private Company have announced the signing of Sandblu Santorini, marking the highly anticipated debut of LXR Hotels & Resorts in Greece.
Saudi-based Taiba Investments has announced that one of its key subsidiaries, Smart Hotel Zone Company, had signed up Al Saad Contracting Company for the construction of a 159-key hotel project within the STC Square mixed-use development in Riyadh.
