14 percent growth in Ajman hotels guests stays in the first half of 2018
Average return on a hotel room in the first half of this year grew by 20 percent compared to the first half of 2017.
Three Major Projects Taking Shape In The ME
An interview with Hani Kafafi, CEO of Al Houda Hotels & Tourism Company, which operates in Kuwait, Cairo, UAE and Iraq, revealed details of the asset management and development company’s three current projects.
The 10th edition of the Dubai International Coffee and Tea Festival is coming in December
The event tests the skills of competitors in practical aspects of coffee making, including espresso, latte art, brewing skills and food pairing.
USD 4 million invested by Nakheel in new marinas at Dubai’s Palm Jumeirah
Nakheel is also building six marinas, at a cost of USD 45 million, at its new waterfront master development, Deira Islands.
Dubai Holding and Emaar launched Dubai Square, a mega retail and hospitality destination
Dubai Square will equate to more than 100 soccer fields, 750,000 square meters of retail space and hospitality venues, and will also have the largest Chinatown in the Middle East.
415 new properties are under development in the Middle East as per STR
In the Middle East, the UAE leads the projects under development in the region, with a total of 50,000 new rooms under construction.