LMRC Market Watch
Hotel Recent News
Dusit International appoints new group CEO
MENA, , Hotelier Middle East, N.2782
Wednesday, January 20, 2016
Asian hospitality group Dusit International has appointed a new group chief executive officer, the third in the company’s 67-year history and the first to be named from outside of the founding family.
Al Raha Beach Hotel celebrates 10th anniversary
UAE, , Hotelier Middle East, N.2780
Tuesday, January 19, 2016
Al Raha Beach Hotel, a five-star property in Abu Dhabi, recently celebrated its 10th anniversary, hosting a prestigious event with many artistic and musical performances followed by a lavish gala dinner.
Beachside dining at Palm Grill, Ritz-Carlton, Dubai
UAE, , Hotelier Middle East, N.2716
Monday, January 18, 2016
As you walk through the posh Ritz-Carlton Dubai, you’ll find no shortage of places to eat. But don’t miss an experience at the recently launched Palm Grill, the hotel’s casual beachside restaurant.
The Ajman Palace Hotel hosts the Wedding Fair
UAE, Trade Arabia, N.2716
Wednesday, January 20, 2016
The Ajman Palace Hotel Wedding Fair, organised under the patronage of Sheikh Abdul Aziz bin Humaid Al Nuaimi, chairman of Ajman Tourism Development Department (ATDD), was inaugurated yesterday (January 20).
Brands show keen interest to manage Oman hotel
Oman, Hotelier Middle East, N.2634
Saturday, January 16, 2016
The hotel industry’s big boys have come forward, showing keen interest to manage the US $1.29 billion (OMR 500million), one of the seven hotels of the Mina Sultan Qaboos Waterfront Project in Oman.
DAMAC Introduces 'Navitas Hotel & Residences'
UAE, Zawya.com, N.2635
Wednesday, January 13, 2016
Dubai, United Arab Emirates: 17 January 2016: DAMAC Properties , one of the region's largest luxury real estate developer, has introduced 'Navitas Hotel & Residences' in AKOYA Oxygen golf course community with a 4-year payment plan with prices starting from AED 440,000.
Saudi hotel sector to keep 'positive trend'
UAE, Zawya, N.2553
Tuesday, January 12, 2016
RIYADH -- Despite limited new supply during the third quarter of 2015, the hotel market segment in Saudi Arabia continued to display a positive trend with a number of new luxury and upper upscale projects lined up for completion in two years, said a report.
Address tenants resettle while restoration begins
UAE, Gulfnews.com, N.2551
Monday, January 11, 2016
While long-term accommodation arrangements are being made for guests and tenants of the Address Hotel, which was ravaged by a fire on New Year’s Eve, clearing and assessment work to restore the hotel has already begun, a spokesperson of Emaar has said.
Saudi: Dur Hospitality to develop hotel at KKIA
International, CONSTRUCTION WEEK ONLINE.COM, N.2387
Tuesday, January 05, 2016
The deal includes an extension of the current agreement for a period of 20 years starting from 2016.The $31.90m (SAR120m) development will increase the hotel's capacity from 248 to 348 rooms and will include the development of a corporate business identity.
New $305m hotel opens in Sharm El-Sheikh
GCC, Trade Arabia, N.2386
Tuesday, January 05, 2016
Pushing for improved hospitality services in times of low tourism rates, Ashraf Salman, Egypt’s minister of investment, recently inaugurated an EGP2.4 billion ($305 million) hotel project in Sharm El-Sheikh, spanning 250,000 sq m, a report said.
Hyatt appoints new senior director, regional sales
GCC, Hotelier Middle East .com, N.2382
Monday, January 04, 2016
Salik Mangro appointed as senior director of regional sales of Hyatt sales force GCC.
Hyatt International Southwest Asia has appointment Salik Mangrio the role of senior director of regional sales, Hyatt Sales Force GCC.
Mohamed Farooq is Park Regis Kris Kin's new ADOS
GCC, Hotelier Middle East .com, N.2381
Monday, January 04, 2016
Park Regis Kris Kin Hotel Dubai has appointed Mohamed Farooq as the new assistant director of sales.With more than 14 years of strong experience in the hospitality industry, Farooq moved to the UAE 1998.
Grand Hyatt Muscat appoints new pastry chef
UAE, Trade Arabia, N.2376
Sunday, January 03, 2016
Robert Schielke joined the Grand Hyatt Muscat as the new pastry chef in December last year.A German national, Schielke came from Hyatt Regency Istanbul, where he had worked as a pastry chef since December 2014. He began his career with Hyatt in 2006 as commis chef at Park Hyatt Zurich, before transferring to Hyatt Regency Kiev in 2008.
Emaar closes luxury Dubai hotel ‘indefinitely’ after fire
UAE,The National Business, N.2356
Thursday, December 31, 2015
DUBAI // The Address Downtown Dubai hotel will be closed indefinitely after suffering extensive damage from the blaze on New Year’s Eve. Emaar Properties, which owns the 63-storey luxury tower, had to evacuate guests and residents, as well as throngs of customers of the hotel’s seven restaurants, at the height of celebrations at 9.30pm on Thursday.
St. Regis debuts in Dubai
UAE, Hotelier Middle East, N.2243
Wednesday, December 30, 2015
St. Regis Hotels and Resorts debuts in Dubai with the opening of The St. Regis Dubai, offering eight culinary venues, the first Iridium Spa in Dubai, as well as the first Bentley Suite in the Middle East to be unveiled in early 2016.
Address and Vida to open in Marassi Bahrain
UAE, Hotelier Middle East, N.2238
Tuesday, December 29, 2015
UAE-based real estate investment and development company Eagle Hills, in partnership with Bahraini developer Diyar Al Muharraq, revealed its flagship urban centre Marassi Galleria, a residential, hospitality and lifestyle shopping and entertainment destination.
Omran inks OMR40m deal with Bank Sohar for JW Marriott Hotel at OCEC
Oman, Ame info, N.2151
Monday, December 28, 2015
The OCEC precinct plays a key role in the Government’s strategy to diversify the national economy and stands as the centrepiece of Oman’s business development programme - See more at: http://ameinfo.com/real-estate-and-construction/real-estate/commercial/omran-inks-omr40m-deal-with-bank-sohar-for-jw-marriott-hotel-at-ocec/#sthash.o8noQ3fU.dpuf
Art Rotana Amwaj receives top honour at WTA
Bahrain, Trade Arabia, N.2150
Sunday, December 27, 2015
ART Rotana Amwaj Islands, a luxury beach-front resort in the heart of Amwaj in Bahrain, was named the World’s Leading New Hotel at the internationally-renowned World Travel Awards (WTA) 2015, a premier global travel and tourism industry event.
Rising competition, strong US dollar to impact Dubai hotel rates
UAE, Trade Arabia, N.2133
Wednesday, December 23, 2015
Hotel rates in Dubai will be impacted next year by rising competition and a strong US dollar despite the emirate’s hospitality sector proving to be resilient in the face of more challenging economic conditions, locally and globally, said a report.
Dubai hotels suffer holiday slowdown
UAE, The National Business, N.2132
Tuesday, December 22, 2015
The festive season may not feel so merry for the hotel sector.
A variety of global factors are likely to result in a softening of the market, with occupancy set to fall under 80 per cent in Dubai, according to analysts.
St. Regis launches brand's first scent in region
Dubai, Trade Arabia, N.2064
Sunday, December 20, 2015
St. Regis Hotels & Resorts has unveiled Caroline’s Four Hundred, the brand’s first bespoke scent, in the Middle East with an exclusive scent dinner at the newly opened St. Regis Dubai in Al Habtoor City.
Fairmont, Eagle Hills to open new hotel in Morocco
Dubai, Trade Arabia, N.1971
Saturday, December 19, 2015
Luxury hotel brand Fairmont Hotels & Resorts and Abu Dhabi-based private real estate investment company Eagle Hills have announced the development of a new luxury hotel in Morocco, Fairmont La Marina Rabat-Salé.