The UAE Cabinet’s new Golden Visa regulations will lead to increased bookings as investor interest rises, and long-term entry permits welcome more visitors to the nation’s hospitality offerings, an expert said
hotel occupancy
Abu Dhabi
Expo 2020 boosted hotel revenues riding high on leisure demand for beachfronts in Q1 2022
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
fine dining
Hospitality leaders need to evolve in order to stay relevant
It is safe to say that the hospitality industry is now more reliant on marketing than ever. Also, how far will Web3 go in the industry in the next five years?
Abu Dhabi
Abu Dhabi’s Al Raha Beach Hotel marks strong post-Covid recovery with customised experiences
The Al Raha Beach Hotel has relaunched its stunning Body & Soul Spa, introducing some holistic half- and full-day wellness treatments, in addition to a wide range of F&B dining options, as well as a score of amenities such as infinity pools, hydro massage pools, jacuzzis, saunas, steam rooms, gyms, children’s play areas, a private beach, and more
Colliers
Hotel occupancy in the MENA region remains positive, as the market enters a road to recovery in 2022: report
The impact of Expo 2020, in particular, has had a positive effect on all markets in the UAE, while the FIFA World Cup Qatar 2022 is expected to result in overspill demand to the key transit hubs in Dubai and Abu Dhabi
Arabian Travel Market
Hotel demand set to reach pre-pandemic levels in most MENA markets in 2022
Colliers industry forecast predicts upticks in hotel occupancy across the region next year, with mega events, such as Expo 2020 Dubai and FIFA World Cup Qatar 2022, driving the influx
domestic tourism
UAE hotels hit 62% occupancy as tourism industry continues Covid-19 recovery
Nearly 8.3 million guests visited the UAE’s hotels and tourism establishments in first six months of the year, a 15 percent growth compared to the first half of 2020
Hospitality business
UAE hotel recovery continues, but occupancy expected to slow during Ramadan
Looking ahead to the summer, particularly July and August, when the weather heats up in the Gulf, the Mediterranean and many prime European cities may “eat” some of the demand Dubai is targeting
coronavirus
Hotel occupancy in the Middle East for March down 26% on pre-coronavirus levels
UAE ranked second in absolute occupancy, according to the research from STR, sitting 23.9% below the 2019 benchmark
AccorHotels
Video: How the coronavirus is impacting Accor’s business in China
Sebastien Bazin chairman and chief executive officer at Accor SA, discusses how the coronavirus is impacting the business in China and the outlook for 2020.
hotel occupancy
Jeddah hotel occupancy rate hits near-3 year high in July
Hoteliers in Jeddah are set to register the highest occupancy rate seen in the Saudi city since August 2016
hotel occupancy
Makkah hotels post record highs for occupancy, room rates in May
Analysts STR says hotels in Saudi holy city saw occupancy rates jump by 30%, room rates by 67% while RevPAR more than doubles
hotel occupancy
Ramadan date shift hits Jeddah hotel performance in May
Jeddah hoteliers face declines in occupancy, room rates and revenues during May, according to industry analysts STR
Abu Dhabi
Video: Middle East hotel market performance
Figures released by STR showed that the Middle East hotels registered a drop in average daily rate and revenue per available room.
Abu Dhabi hotels
Abu Dhabi hotels set to post highest April occupancy on record
STR’s preliminary April data for the UAE capital indicates high demand and occupancy levels above 80%
hotel occupancy
Jeddah hotel rates fall to 11-year low in March
Average daily rates slump in Jeddah as a very competitive marketplace during low season led to hoteliers sacrificing room rate to maintain market share
Abu Dhabi hotels
How Pope Francis boosted hotel rates in Abu Dhabi
Average daily rates and revenue per available room show significant increases during Pope’s historic visit in February