Hotel valuation index Middle East 2019
HVS Dubai has released its first issue of the Hotel Valuation Index (HVI) for select markets in the Middle East (ME). The HVS Hotel Valuation Index has established itself as a leading publication in the US, Europe, Africa and Asia for over a decade and are thrilled to share the regional HVI, which provides further insight on regional values and investment opportunities
A new real time booking system for ME hotels to be launched at ATM
The return especially for smaller independent properties is significant. Many hotels that used it experienced increased 15 and 25 percent sales boost.
Five new TIME Hotels properties to open across the Middle East this year
he properties, which will see the growth and launch of existing as well as new TIME Hotel brands to key territories, will be unveiled during ATM 2019.
Accor, Marriott the largest hotel companies in the Middle East, STR data
As part of the STR 500, the company released the top 50 companies and brands in the Middle East during Arabian Hotel Investment Conference (AHIC) in RAK.
Accor to accelerate its growth in the Middle East and Africa
With 12 brands in the extended-stay space, Accor is reimagining this product and service offering and eyeing new opportunities.
MENA’s extruded snack food market to reach USD 2.6 billion in 2024
Saudi Arabia represents the largest market, holding the majority of the MENA extruded snack food market share. It is followed by UAE, Egypt, and Iran.
More hotel rooms are underway in the Middle East
446 properties are under construction in the Middle East and will be adding over 127,000 rooms to the region’s inventory.