PIF Launches New Hospitality Firm to Meet Tourist Demand
As Saudi Arabia’s tourism sector expected to witness rapid growth in the coming years and over 80 internationally reputed hotels coming up Read More
As Saudi Arabia’s tourism sector expected to witness rapid growth in the coming years and over 80 internationally reputed hotels coming up Read More
As part its support to the ongoing transformation of the Saudi Arabia’s tourism sector, Marriott International, Inc. has signed an agreement Read More
Leading investment firms KKR and The Baupost Group have formed a joint venture to purchase a portfolio of 33 Marriott International hotels across Read More
Acting on behalf of its clients, Partners Group, one of the largest firms in the global private markets industry, has acquired a Read More
Wyndham Hotels & Resorts has teamed up with investment firm Lafayette Square to unveil a $100 million fund to provide diverse hoteliers with improved Read More
Bahrain-based GFH Financial Group, a leading investment bank, in partnership with Infracorp, on Tuesday that they have signed with Kempinski to launch Read More
Chicago-based Hyatt Hotels Corporation has announced plans for affiliates of Hyatt and Grupo Piñero to enter into a long-term asset-light strategic Read More
ADNH Catering, a leading food and support services provider in the UAE incorporated in the Abu Dhabi Global Market (ADGM), has successfully Read More
The UAE's hospitality sector showed substantial growth in H1 2024 with Dubai recording a 9.9% y-o-y increase in international visitors, which rose to 8.12 million Read More
Dubai is set to witness opening of as many as 34 new hotels by end of this year and another 18 in 2025, bringing their Read More