What is the risk level of COVID-19 in the Middle East’s foodservice industry?
In the Middle East, foodservice companies traded on stock exchanges seem to be less exposed by comparison, but short-term liquidity is the biggest risk factor.
Accor to create world’s largest lifestyle hotel company
The combined business will act as a standalone entity comprising 73 hotels under 12 brands, including the Hoxton and Mama Shelter, and more than 150 restaurants and bars.
Will Accor and IHG merge to form the world’s biggest hotel chain?
A marriage between the two firms would propel them far ahead of U.S. rival Marriott by number of hotel rooms, with over 1.6 million between the two.
The world stands in solidarity with Lebanon
World leaders pledged more than 250 million euros in a virtual conference hosted by France. The emergency aid will be delivered “directly” to the people.
How Four Seasons Hotels George V is supporting the global restaurant industry
The largest global event of its kind aims to raise funds that will provide direct and tangible financial relief for restaurants worldwide.
Exclusive: COVID-19 effects on the region’s foodservice industry
HN spoke to Aaron Allen, CEO and chief strategist of Aaron Allen & Associates to know more about how the region’s F&B scene would look.
InterContinental Le Vendôme Beirut sold, to cease operating as an InterContinental branded hotel
As one of the world’s leading hotel companies, we remain committed to Lebanon and continue to operate IHG branded hotels in the country, including InterContinental Phoenicia Beirut.
USD 100M fund from Diageo to help pubs and bars recover after lockdown
From 24 June 2020, bar owners will be able to register their interest for the ‘Raising the Bar’ program via www.diageobaracademy.com globally.
Umrah Sahla Travel and Tourism acquires OTA MyHotels.SA
MyHotels.SA is a full service, global travel agency, with multi-tiered packages: Flight reservations, airport transfers, and accommodations.
The region to kick-start sustainable investment in the hospitality sector
ATM Virtual concluded on Wednesday 3rd June 2020, a total of 18,959 registrations from 152 countries were recorded, including 490 media
