Saudi-based Diriyah Company has announced that it has awarded two major construction contracts worth SAR2.73 billion ($720 million) to build six luxury hotels and three residential assets in Diriyah Square, thus boosting Diriyah’s position as an urban destination to live, work and visit.
AlUla’s growing reputation as a world-class destination for hospitality and gastronomy has been further elevated with the inclusion of several of its hotels and restaurants in the Michelin Guide 2025.
Hilton has signed a deal top open two new hotels in Riyadh 0in partnership with Saleh Abdulaziz Al Rajhi & Partners Co, strengthening its midscale portfolio in Saudi Arabia’s capital.
Dubai’s hotel industry posted its strongest December since 2007, driven by the holiday season. In December 2025, occupancy hit 84.3% (+3.4%), ADR reached AED 1,042.11 ($283.76) (+11.1%), and RevPAR rose to AED 878.19 (+15%), showing strong year-on-year growth, according to preliminary data from CoStar.
Dubai is entering a new era of luxury with upcoming hotel and dining openings, from wellness-led beachfront resorts and boutique lifestyle stays to Michelin-starred restaurants and global dining favourites. Among the most anticipated hotel launches is Six Senses The Palm, opening in 2026 on Palm Jumeirah’s West Crescent.
