NEWS & UPDATES

October 9, 2016

Oman’s luxury hotels market will be given a significant boost as major international hotel chains open their first or new properties.

Senior representatives of Oman's Ministry of Tourism outlined details of the anticipated 2,000 new hotel rooms to open in the coming year during Arabian Travel Market. Among hotel operators entering the Sultanate for the fir...

October 9, 2016

It is a great thing to see that the emirate of Ras Al Khaimah id gearing up for large number of visitors. The hope lies in the International Airport’s seasonal charter flight programme kick off. It will introduce greater and larger arrival facilities to welcome new visitors.

The airport is expecting 100,000 tourists from Europe, CIS and Russ...

September 3, 2016

The GCC’s hospitality market is expected to be worth USD 36.7 billion by 2020, driven by strong growth in the UAE and Qatar, according to a new report by Aspen Capital investment bank.

In its GCC Hospitality Industry Report investment bank Alpen Capital forecast the regional market will grow at a compound annual growth rate of 7.6 percent from USD 25....

August 21, 2016

Recently released STR’s 2016 Pipeline Report shows that there are currently nearly 156,000 rooms in 552 projects under contract in the Middle East. Africa is not far out with and 56,000 rooms in 295 projects. This data shows a massive 20 percent increase in general region’s pipeline when compared with the previous year. 

Figures revealed that the under con...

August 11, 2016

Gulfood and Hotel Show have entered into an alliance and are going to create the Middle East’s largest hospitality and food event next year.

The event will take place between 18th and 20th September next year under new name -  Dubai International Hospitality Week and is expected to attract nearly 60,000 buyers and use the space of 90,000 square meters The...

August 1, 2016

According to the latest report issued by STR Global, the June Pipeline Report highlighted that 154,576 rooms in 550 hotels are under contract in the Middle East and 55,736 rooms in 289 hotels under contract in Africa.  

The under contract total in the Middle East for June represented a 23.5% increase in rooms compared to June 2015 with 81,951 rooms in 256...

July 19, 2016

According to the latest report from STR, the UAE currently has 26,989 new rooms in 93 hotels under construction.

Saudi Arabia reported the most rooms under construction among the countries in the Middle East and Africa, with 35,770 rooms in 81 hotels. Other countries with more than 5,000 rooms under construction include Qatar  with 7,125 rooms in 30 hotels...

July 13, 2016

Restaurateur Kurt Zdesar is set to launch a raft of new restaurants, as he expands his successful Chotto Matte brand internationally and plans to open two new concepts here in the UK. Zdesar, who was a former director of operations of Nobu in Europe before going on to found Ping Pong (in which he is no longer involved), launched the 9,000 sq ft Chotto Mat...

According to a new report from JLL, prepared for the Hotel Show 2016, 621 new hotel rooms opened in Dubai during Q1 2016, and 9,400 additional rooms will be added to the market by the end of the year.

New properties opening in the coming months include:  Lapita Hotel Dubai at Dubai Parks and Resorts; Hard Rock Hotel Dubai Marina;  Jumeirah Al Naseem, Madin...

June 29, 2016

If the evidence is right, and procurement doesn’t have a natural bias for creativity our challenge is how to generate that much needed creative mindset. Firstly, being clear on why we need to be creative is key - Is it to identify new opportunities for value delivery or to solve problems in existing sourcing scenarios? Knowing when to buy and where to buy...

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