Cost cutting drives profit growth in Middle East and Africa hotels
As a result of the movement in revenue and costs, profit conversion at hotels in the Middle East & Africa was recorded at a punchy 43 percent of total revenue.
Gefinor Rotana solidifies its CSR strategy
This activity falls within a series of charitable activities conducted by Gefinor Rotana hotel to support society on all levels.
Nakheel and Vienna House to create USD 160 million beachfront resort at Dubai’s Deira Islands
Nakheel’s anticipated joint venture with Vienna House is the latest development in the company’s aggressive expansion into Dubai’s hospitality sector.
Central Hotels debuts in Turkey
This agreement between the two parties will subsequently extend to Green Valley Real Estate’s hotels in Morocco, Georgia, and Bosnia.
Shangri-La to debut in Bahrain in 2022
The first phase of the Bahrain Marina project, which runs on the eastern coastline of Manama, is expected to be completed by 2020.
Al Hokair Group further expands its hospitality offering in the region
The new additions and development will positively contribute to the revenue and increase market share of Al Hokair hotels’ division.
Swiss-Belhotel International to reach 30 hotels in the MENA by 2020
The Middle East and Africa are strategic markets for Swiss-Belhotel International attracting 17 percent of its global portfolio
