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.
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
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