The number of hotel rooms in the UAE will rise by 30 per cent by the end of 2016 according to figures in a new report about the hospitality sector of the emirates published today by JLL. JLL said that…
Category: AHIC 2014
Ritz-Carlton says no new Dubai hotels planned: Gulf News
Ritz-Carlton, the luxury hotel brand of Marriott International of the US, has no plans to develop further hotels in Dubai before 2020, the Dubai daily Gulf News today reported Ritz-Carlton global operations officer Bob Kharazmi as saying. There are two…
Bids invited for Sir Bani Yas Island hotel concession
Abu Dhabi’s Tourism Development & Investment Company (TDIC) today called for bids for the 30-year concession to build and operate a three-four star hotel beachside resort on Sir Bani Yas Island in the west of the emirate of Abu Dhabi.…
Abu Dhabi room rates to rise despite new hotels: The National
Average hotel room rates will rise despite the opening of new hotels in the UAE capital, Millennium & Copthorne Hotels Middle East & Africa CEO Ali Alzaabi is reported as saying this morning by the Abu Dhabi daily The National.…
Chinese visitors to UAE rise 200 per cent in first quarter
The number of Chinese visitors staying in UAE hotels and hotel apartments rose to 32,259 in the first quarter of 2014, according to figures released today. This was more than 200 per cent higher than the figure recorded in the first…
Deloitte and STR Global report Saudi Arabians are top visitors to Dubai
A total of 1.4m Saudi Arabians visited Dubai in 2013 and the kingdom was the leading source of tourists for the emirate in the year, according to the the first Middle East Hotel Market report by Deloitte and STR Global.…
AHIC told hotels exploring F&B contracting out
Hotel brands are increasingly open to the idea of contracting out restaurant management and food and beverage services to specialised service providers, the 10th annual Arabian Hotel Investment Conference (AHIC) at Dubai’s Madinat Jumeirah was told this morning. “Using third-party food and…
AHIC told the Middle East region is the world’s most buoyant hotel market
The Middle East was the world’s most buoyant hotel market in the year ending March 2014, STR Global managing director Elizabeth Winkle told the 10th Arabian Hotel Investment Conference (AHIC) at Dubai’s Madinat Jumeirah this morning. “Some of the strongest…
AHIC told GCC bucks global trend for slower growth
The Middle East region generally and the GCC in particular remains one of the brighter points in the global economy, Nenad Pacek of the CEEMEA Business Group told the 10th Arabian Hotel Investment Conference (AHIC) at Dubai’s Madinat Jumeirah this morning. “Western…
Khalaf Al Habtoor tells AHIC financing Dubai’s projects not an issue; foresees high growth for 15 years
Chairman of Dubai’s Al Habtoor Group Khalaf Al Habtoor told the Arabian Hotel Investment Conference (AHIC) in Dubai’s Madinat Jumeirah today that he did not expect there will be problems in finding the finance Dubai needs for projects to be…