#Hospitality

Qstay, a hospitality and rental investment property management platform Secures $4.6m in Pre-Series A funding Image Supplied

Dubai-based Qstay secures $4.6m in pre-Series A round

Qstay currently operates over 300 properties across nine markets in four countries, with plans for further expansion into additional markets between 2024 and 2026

NEOM Capella in Elanan_Image_1

Saudi Arabia: Capella Hotels announces wellness-themed resort at NEOM

Capella’s renowned wellness experiences are tailored to individual needs and utilise lunar phases as a guiding principle

Over 900 chefs compete in 27th International Emirates Salon Culinaire 2024

The culinary gathering, held from May 20th to May 22nd, attracted over 5,200 visitors to the ExpoCulinaire event

Marriott International to bring W Hotels to Riyadh

Marriott International to launch new W Hotels property in Riyadh

W Riyadh is expected to feature 210 luxury guest rooms and suites, seven restaurants, retail space, and expansive event and meeting facilities

Abu Dhabi GDP

Abu Dhabi unveils carbon calculator for hotels

Launched at Arabian Travel Market, the Carbon Calculator is a mandatory tool for all hotels within the emirate to track and quantify carbon emissions

Render of Ritz-Carlton Reserve in Trojena

Marriott to open Ritz-Carlton Reserve in NEOM’s Trojena

Ritz-Carlton Reserve has only six properties in destinations including Thailand, Indonesia, Puerto Rico, and Mexico

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

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

UAE

UAE’s property market shows no sign of cooling off, says CBRE

The average residential prices in Dubai surged by 20.1 per cent in the year to December, with apartment prices rising by 19.8 per cent

Dhariwal is expanding his ventures to Dubai

Real Estate Moguls: Meet Amit Dhariwal, managing partner, Hridaan Realty

Dhariwal is expanding his entrepreneurial reach to Dubai to replicate the success and excellence achieved in India

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

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

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

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

Dubai hosted 17 million international visitors in 2023

Dubai welcomed 17 million international visitors in 2023

The tourism sector’s performance closely parallels Dubai’s 3.3 per cent GDP growth in the first nine months of 2023

GCC travel and tourism

GCC travel and tourism: On a steady path to growth

Chris Ross, chief commercial officer, EMEA Collinson, gives us insights into how the travel industry is contributing to the region’s economy and key travel trends

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

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

WATCH: Accor’s Philip Jones on winning GB Company of the Year

Accor walked away with two recognitions at this year’s Gulf Business Awards, which were held at Dubai’s Palazzo Versace hotel.

LI Hawkins on how hospitality is embracing cloud technology Image: Supplied

Embracing the cloud: How tech is transforming hospitality

From pre-arrival room customisation to streamlined check-in processes, cloud technology enables hotels to meet the elevated expectations of today’s tech-savvy guests

Red Sea Global unveils Shebara its luxury hotel brand Image: Supplied

Red Sea Global unveils Shebara, its luxury hotel brand

Shebara will open in the summer of 2024 and is the first resort to be owned and operated by RSG at The Red Sea destination

IHG opens Makkah’s largest hotel (Image: Supplied by IHG Hotels and Resorts)

IHG opens Makkah’s largest hotel

The voco Makkah hotel is a 4,321-key property with 20,000 sqm of dining facilities

Red Sea Global unveils Thuwal Private Retreat – a new luxury private island destination Image RSG

Red Sea Global unveils new luxury private island destination in Saudi Arabia

The buy-out only island resort will offer travellers premium luxury and hyper-personalised private experiences from early 2024

UAE among the top 5 countries to deliver highest room revenue in 2023 YTD, says Global Hotel Alliance Image Supplied

UAE among the top 5 countries to deliver highest room revenue in 2023 YTD: Global Hotel Alliance

The top three countries driving 2023 room revenue gains YTD are Spain, Thailand and Italy, with Singapore and the UAE coming in a close fourth and fifth