In the residential sector, improving tenant demand broadly underpinned the annual increase in rents in February, of 11 percent in Dubai and 3 percent in Abu Dhabi, according to a JLL report
Hotel market
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hospitality market
Video: Radisson’s MENA exec on challenges in the regional market
It’s only his second year as the Area Senior Vice President, Middle East and Africa, Radisson Hotel Group, but Tim Cordon has wasted no time in opening flagship properties including Radisson Blu Hotel, Dubai Waterfront last year and is set to introduce Radisson Red to the region in November 2019.
Arne Sorenson
Video: Marriott CEO explains why the hotel firm is eliminating mini toiletries
Marriott CEO Arne Sorenson explains his decision to to replace travel-sized tubes of shampoo, conditioner and bath gel with larger bottles in an attempt to reduce plastic waste.
Dubai hotel rooms
Demand for Dubai hotel rooms reaches record levels in November
Supply growth has led to increases in occupancy and average daily rates when compared to November 2016
5-star hotel
Nearly 1,300 additional keys added to Saudi hotel market in Q3
The number of upcoming national projects bode well for long-term market performance, according to Colliers market review