Tag: Hospitality Industry
21,000 Hotel Rooms Under Construction in Dubai
STR’s April 2016 Pipeline Report shows 152,580 rooms in 541 hotels Under Contract in the Middle East and 55,078 rooms in 289 hotels Under...
Dubai Hotels Report 16.1 Percent RevPAR Drop for April
Although Dubai reported overall performance declines, the Arabian Travel Market (ATM) 2016 helped the market reach occupancy levels above 80.0% for five consecutive days...
First Renaissance Hotel in UAE Set to Open in 2016
The first Renaissance Hotel in UAE is set to open at the end of the year, according to a statement released by Marriott International....
New ‘Amazing Thailand Luxury’ Campaign Unveiled
Tourism Authority of Thailand Unveils New ‘Amazing Thailand Luxury’ Campaign
Campaign aims to position Thailand as a ‘Quality Leisure Destination through Thainess’ for...
Middle East’s Hotel Occupancy Drops 3.3% to 71.9% in March 2016
Hotels in the Middle East reported negative results, while hotels in Africa reported mixed results for the three key performance metrics when reported in...
Dubai’s hotel room rates still highest worldwide in the first quarter...
Dubai recorded 2016’s highest first-quarter average daily rate (ADR) among major markets around the world, according to the global consultancy STR. This marked the...
The next generation of hotels: Brands adapt to Generation Y
The Millennial takeover is upon us as hotel brands adapt their strategies to cater to the next generation of consumers, and the hospitality industry...
MENA Hospitality markets to post flat or negative performance in 2016
The outlook for hospitality markets looks rather challenging for the year ahead, following a performance hit in January, according to a new report.
EY’s Hotel...
Dubai Hotels Operating Profits Decline by 19.5% in April
Typical for the month of April, Dubai hotels welcomed fewer tourists and business travelers. Slowing business season and increasing summer heat are the main...
MENA Investors Shift Focus from UAE Residential to Hospitality Market
UAE's residential market continues to be the most preferred investment choice for MENA investors. According to JLL’s 2014 MENA Investors Sentiment Survey, the regional...
Trends for Hospitality Industry in 2013
Top 10 Trends for Hospitality Industry in 2013 influencing travel and tourism market
2013 seems to be a better year for the hospitality industry. Content...