Dubai-based hotelier says it is in talks with developer Meraas to operate the first VENU hotel in the Bluewaters Island development.
Occupancy rates across Abu Dhabi hotels also rose three per cent year-on-year in July while revenues grew by 14 per cent, official figures show.
Occupancy levels across Ras Al Khaimah’s hotels reached 64.11 per cent while the average daily rate amounted to $69.85, generating revenues worth $14.9 million.
The emirate is holding a Chinese Visitor Summit to boost tourist numbers and guest nights.
The emirate recorded a 26 per cent rise in the number of visitors from China.
Despite a more bullish market in the UAE it is unclear whether Atlantis would be able to reprice its loan as easily as expected.
The warning comes after two violent attacks on Emirati tourists in the UK capital this year.
Marriott saw occupancy rise 4.4 per cent and RevPar increase by 3.9 per cent in the Middle East and Africa region during Q2.
Up to 163,000 visitors from Oman stayed in Dubai’s hotels during the first half of this year.
Under the new ruling, cruise tourists can get a multiple entry tourism permit for Dhs200.
The ministry of foreign affairs issued the warning citing security concerns in the three countries.
The sale, which is not expected to complete until next year, continues IHG’s strategy of selling on its hotels and then managing them under contract.
The hospitality firm will manage a beach resort comprising of a hotel and residences in the Sahl Haseesh development in Egypt.
Occupancy rates across the emirate’s hotel and hotel apartments reached an average of 77 per cent during the first six months of the year.
The group, whose core brands are Radisson Blu and Park Inn by Radisson, will open three hotels in Jeddah and one each in Riyadh and Dammam.
Accor has signed an agreement with Indian developer Hiranandani Group to manage an ibis Styles hotel.
The emirate is expected to receive around 12 million overnight international visitors in 2014, a new study says.
Kazakhstan is introducing a 15-day visa-free regime for citizens from 10 countries.
Overall hotel revenues in Oman reached OMR65.9 million, up 10 per cent from the same period last year, when it touched OMR59.7 million.
Middle East travellers have spent around $2.7 million on their visa cards since the start of the tournament, the payments provider said.
The development will include the world’s largest mall and a range of leisure, retail, cultural, wellness and hospitality options.
The Gulf state is planning to implement a new visa policy in 2015, under which nationals from 64 countries can receive one-month visas on arrival.
Global operator targets Bahrain shoppers with double opening at retail centre
The iPILOT simulator, located in Magic Planet, will offer the experience of flying the world’s largest passenger jet.
The hotel, which is situated in the province of Al Qassim, is expected to open by mid-2016.
Under the plan, an ultra-luxury 350-room resort will be added to the existing Jumeirah Beach Hotel.
Hotels can actually increase guest spending by up to 24 per cent by targeting guests with individually relevant information.
The increase in tourism numbers was spurred by the launch of a daily Emirates flight route to Lisbon back in July 2012.
Can renters are becoming younger, increasingly using vehicles for leisure purposes and booking online says Elyes Mrad, VP sales and marketing, Hertz.
UAE officials have also urged Emirati citizens in Lebanon to leave the country immediately.