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Saudi Arabia hotels sector set for growth -GettyImages-1464744716-1

Saudi Arabia: 320,000 new hotel rooms expected by 2030, reveals report

A development cost of $37.8bn is expected by 2030 toward infrastructure, tourism transformation and real estate, according to industry data released ahead of the Future Hospitality Summit Saudi Arabia

FIVE LUXE JBR

FIVE Hotel Group eyes 2025 IPO, keeps watch on Middle East tensions

FIVE Hotel Group could be valued at $2.5-$3bn as per internal estimates

Rotana opens ninth hotel in Saudi, near to this famous causeway

Dar Rayhaan by Rotana in Al Khobar has undergone a “soft launch” as it opens with 133 rooms

Four Seasons wellness resort and residences at Amaala Triple Bay Image RSG

Four Seasons, RSG to develop luxe wellness haven at AMAALA Triple Bay

This venture positions Four Seasons as the latest addition to the lineup of luxury brands at Triple Bay, situated along Saudi Arabia’s stunning northwestern coastline

Alpha Dhabi completes sale of 3 hotels to NCTH

IHC’s Alpha Dhabi consolidates hotel business with NCTH deal

The transaction adds St Regis Saadiyat, Al Wathba Luxury Collection and ultra-luxury Cheval Blanc in the Maldives to NCTH’s portfolio of hotel assets

What's On

Industry heavyweights shine bright at the What’s On Dubai Awards 2024

The ceremony was an extra celebration that saw What’s On and Motivate Media Group mark 45 monumental years

South Korea’s H2O Hospitality opens Abu Dhabi office

South Korea’s H2O Hospitality expands global footprint with Abu Dhabi office

The company provides solutions which automate the front and back-end processes of hotels by digitising the process flow, enabling paperless and contactless procedures

Diriyah - bab samhan hotel

Saudi heritage on display at Diriyah’s Bab Samhan Hotel

The opening of Bab Samhan marks a significant milestone in Diriyah’s journey towards becoming a premier destination for luxury hospitality

Raffles Hotels & Resorts to debut at NEOM’s Trojena

Raffles Hotels & Resorts set to debut on this NEOM island

Raffles Trojena, the newest hospitality brand to partner with NEOM Hotel Division, will be located in the Discover cluster

WOW resorts

These developers are bringing the ‘WOW’ factor to Ras Al Khaimah

The development, which has an estimated value of Dhs4.8bn, will be ready for handover by 2026

Valentine's Day

The most expensive Valentine’s Day packages on offer in Dubai

Romantics in the UAE choose to celebrate Valentine’s Day by embracing experiences over traditional gifts

Red Sea Global gets SAR2bn financing from Riyad Bank

Saudi Arabia’s Red Sea Global secures SAR2bn debt financing

The financing will be used to support Red Sea Global’s joint venture with Kingdom Holding Company to develop the Four Seasons Resort

EMAAR FY2023 results -photo-courtesy_emaar

Emaar FY2023 profit rises 70%, property sales reach $11bn

The Dubai-based developer reported a 7 per cent increase in revenues to Dhs26.7bn ($7.3bn)

ADNEC Group contribute Dhs7.4bn to the local economy

ADNEC Group’s economic contribution in 2023 tops Dhs7.4bn

The Abu Dhabi National Exhibition and Al Ain Convention Centre welcomed 1.78 million visitors, up 123 per cent from 802,000 visitors in 2022

Jumeirah Group gathers steam on expansion, opens first Saudi hotel, Jumeirah Jabal Omar Makkah

Jumeirah Group gathers steam on expansion, opens first Saudi hotel

In addition to its rooms and suites, Jumeirah Jabal Omar Makkah hosts 88 residences, which sit across the podium of its four towers

The Lana opens in Dubai: Inside Dorchester Collection’s first Middle East hotel

The hotel features The Lana Promenade, a central podium hosting retail outlets, restaurants, and an infinity rooftop pool, offering guests a vibrant and luxurious experience

Holiday Inn Dubai Business Bay - Reception

Holiday Inn Dubai Business Bay now open, debuts open lobby concept

Set in one of the most central areas of the city, the Holiday Inn Business Bay is an ideal choice for corporate and leisure travellers looking for easy access to Dubai’s business and recreational landmarks

Radisson has strong performance in 2023 Image Supplied

Radisson ups focus on Saudi, UAE as global keys surpass 30,000

Through 2023, the group solidified its position in the Middle East with the signing of 11 hotels, resorts, and serviced apartments across the region

Dubai news _Yousuf Lootah Head of DET Environmental Sustainability Social Responsibility Committee at the award ceremony for DET's DST stamp initiative Image Supplied

Dubai Sustainable Tourism Stamp: DET awards 70 hotels; see list

Dubai is the first city in the region to mandate sustainability criteria for its hotel classification system, with the DST initiative further reinforces its drive to become a leading sustainable destination

Banyan Tree group rebrands, to open 19 new properties in 2024 Image supplied

Banyan Tree Group rebrands, aims to open new 19 properties in 2024

During its 30th anniversary this year, Banyan Group will launch Beyond, a new digital companion that offers a holistic experience across its wellbeing framework and withBanyan, an experiential members programme

ADQ and ADNEC Group to acquire stake in Egyptian hotel company GettyImages-520265584-e1703142282632

UAE’s ADQ, ADNEC Group to acquire 40.5% stake in Egyptian hospitality company

ADQ and ADNEC will invest in the company through a special purpose vehicle, with 49 per cent equity ownership by ADQ and 51 per cent equity ownership by ADNEC

NEOM to feature Apartments by Marriott Bonvoy at Sindalah Image Supplied

NEOM to feature Apartments by Marriott Bonvoy at Sindalah

The property, set to open this year, will feature units ranging from studios to one, two, and three-bedroom apartments

ADNH, Marriott partner to operate 3 former Emaar hotels

These 3 former Emaar hotels to be rebranded under Marriott

Marriott will operate the three properties under the banners of JW Marriott and Autograph Collection Hotels effective January 1, 2024

PIF to acquire 49% stake in Rocco Forte

Saudi wealth fund PIF to acquire 49% stake in Rocco Forte Hotels

The wealth fund’s investment will include an element of primary equity, and the completion of the deal is subject to regulatory approval

PureHealth seeks to raise Dhs3.62bn from IPO

UAE’s Purehealth seeks to raise Dhs3.62bn from IPO

The healthcare firm is offering about 1.11 billion shares, equivalent to 10 per cent of the total issued share capital

ENVI Lodges reveals ENVI Al Sifah in Oman (Image: Supplied by ENVI Lodges)

ENVI Lodges announces second resort in Oman

ENVI Al Sifah will open in late 2025 and will feature 40 luxury tents

Ascott confirms two new properties for Marrakech (Image: Supplied by Ascott)

Ascott confirms two new properties for Marrakech

Both properties will open by Q4 2026 and will together feature a total of 190 units

Les Roches-managed Hospitality Academy to open in Abu Dhabi Image supplied

Abu Dhabi: Les Roches managed hospitality academy to open in 2024

Les Roches ranks fourth in the world’s higher education institutions for hospitality and leisure management

IHG signs two properties in Saudi Arabia’s Taif (Image: Supplied by IHG Hotels and Resorts)

IHG signs two properties in Saudi Arabia’s Taif

Holiday Inn and Suites Taif and Staybridge Suites Taif will both open in 2025

COP28: Radisson rolls out Net Zero Nights initiative in the UAE (Image: Supplied by Radisson hotel Group)

COP28: Radisson rolls out Net Zero Nights initiative in the UAE

The initiative will be introduced across 16 of the group’s hotels within the country