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
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GFH, Infracorp and Kempinski Plan Harbour Heights Kempinski
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
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UAE Hospitality Sector Reports Substantial Growth in H1-2024
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
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Merger and Acquisitions
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Hyatt Hotels Acquire Standard International
Chicago-based Hyatt Hotels Corporation has announced the acquisition of the brands and most of the affiliates of pioneering lifestyle company Standard International, Read More
Saudi Arabia has witnessed a 22.9% increase in visitor spending in the first quarter of 2024 compared to 2023, with total expenditures surpassing $11.99 billion, Saudi’Read More
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Diriyah Awards $2.13 Billion Contract to Develop Hotels and Equestrian
Diriyah Company, the premium developer redefining urban planning in Saudi Arabia, has awarded a $2.13 billion joint venture construction contract to build four Read More
Business
Hospitality
Investments
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Tourism
NEOM and Equinox Hotels Launch Equinox Resort Treyam
Equinox Hotels, a revolutionary leader in high-performance luxury hospitality, has announced plans for the opening of Equinox Resort Treyam, one of Magna's Read More
