Majid Al Futtaim’s properties’ division delivered a 25 per cent net revenue increase, driven by strong performance across malls and its residential real estate portfolio
International arrivals to Saudi Arabia reached 30 million in 2024, up from 27.4 million in 2023, demonstrating a robust upward trajectory for the tourism and hospitality sectors
According to a report by leading real estate advisory group, Cavendish Maxwell, in 2024, the emirate added 4,255 rooms across 19 new hotels, marking a 2.9 per cent increase in its hospitality sector
A latest update on the project indicates that construction has been proceeding with 64 per cent of the structural concrete completed up to the 34th floor
With record annual signings in EMEA, the company achieved over 7 per cent net rooms growth for the region in 2024
The project’s strategic location near iconic landmarks is expected to attract visitors from around the world, creating new investment opportunities and driving sustainable growth in Egypt’s tourism sector
The report also highlights a significant expansion in the branded residences sector, with 16 projects set to deliver approximately 5,600 units by 2029
Dubai saw the highest growth in visitor numbers from North East and South East Asia (24 per cent), followed by Africa (20 per cent) and CIS and Eastern Europe (16 per cent)
The unique DO hotel Integrates AI, music and wellness
The transaction strengthens Alpha Dhabi Holding’s investment in the domestic and international luxury hospitality sector and involves the transfer of four key hotel assets
The appointment of the new CEO is a key part of Jumeirah’s Mission 2030 strategic plan
IHG Hotels and Resorts’ CEO shares the factors driving the group’s growth, what he considers as key leadership qualities, and the strategy that the group is using in emerging markets
Adeera seeks to introduce a portfolio of distinctive Saudi hotel brands serving various segments, from mid-range to ultra-luxury, for different categories of visitors
The new hotels will complement Hyatt’s successful openings in the luxury and lifestyle spaces, including Park Hyatt London River Thames and Alila Shanghai, the first urban resort-style Alila hotel in Greater China
IHG is positioning itself to play a major role in the transformation of Al Madinah into a modern, culturally rich hub for both pilgrims and tourists
The suspension of the sales tax, which was initially planned to last for one year from January 1 to December 31, 2023, resulted in significant savings for restaurants, bars and hotels
These hotels will cater to a broad spectrum of travellers, from religious pilgrims to business visitors, and are expected to play an important role in accommodating the rising number of visitors to Madinah
The opening of Jumeirah Thanda Island and Jumeirah Thanda Safari marks a significant step in Jumeirah’s global expansion, bringing its signature luxury hospitality to Africa’s most popular destinations
The chairwoman of Landmark said the retail conglomerate plans to refresh its existing stores and enhance its online presence and operations
Tuaja plans to open additional resorts across Saudi Arabia by 2030, with each resort inspired by the culture and heritage of the host city
CEO Max Palethorpe unpacks how the company is leveraging the glamour of F1 to create tailor-made corporate events for global powerhouses
The project, which is currently under construction, is a joint venture between Wynn, Marjan and RAK Hospitality Holding
Standing over 80 stories high, the luxurious property will feature more than 1,000 rooms and suites
The growth is set to continue, with 40 more hotels expected to open by the end of 2024, as well as 4,748 more rooms between 2026 and 2027
The initiative will introduce upscale hotel brands to the emirate, with the Eastern Mangroves hotel set to be rebranded as a Waldorf Astoria luxury resort
Part of the IHG Hotels & Resorts family, the hotel features 173 rooms, suites, and chalets, each designed to reflect local themes such as damask roses, pomegranates and the region’s famous indigo plants
Inspired by the famed Baccarat crystal, the hotel’s architecture features shimmering glass towers that complement Downtown Dubai’s skyline
The project, slated for completion by the end of 2027, features a twin-tower development designed by Foster + Partners and is located in Marasi Marina
The sector’s contribution to the economy rose by 11.7 per cent to Dhs220bn last year and is forecasted to rise to 12 per cent or Dhs236bn in 2024
By integrating advanced technologies like AI, VR, and sustainable practices across various sectors, Dubai is enhancing the experiences of residents and visitors