Tag: Hospitality Sector
UAE hotels outpaced global peers in 2020; Prepares for a V-shaped...
The hotels in the UAE and around the Middle East region are preparing to make a V-shaped recovery after exhibiting a “sterling performance” compared...
UK-based IHG to establish 8 new Holiday Inn Express hotels across...
British multinational hospitality company InterContinental Hotels Group (IHG) has signed a Master Development Agreement (MDA) with Ishraq Hospitality, a division of the Dubai-based Mohamed...
Qatar’s hospitality sector signals smooth recovery from COVID-19
With the relaxation in travel restrictions and revival of economic activities, the green signal of recovery in the hospitality sector has started to become...
Saudi’s empty hotel spaces to make revenue with a German startup
German-based startup NeuSpace, established during the COVID-19 pandemic to support hotels to overcome the plunge in occupancy rates has now started operations in Saudi...
UAE’s Farnek secured $2.05mn worth hospitality contracts
UAE-based leading smart and green facilities management (FM) company Farnek Services has been awarded six hospitality contracts worth $2.05 million, varying in length from...
Biggest tech IPO of 2020: Airbnb shares skyrocket on debut
In its stock market debut, US-based Airbnb's shares more than doubled, valuing the home rental business at just over $100 billion in 2020's biggest...
Hotel stays, as we know it, will take a long time...
Goodbye, buffet breakfasts and bellhop service. Hello, temperature screening and check-in without a key.
Although pandemic-era policies are still being implemented at hotels across the...
Q4 will be a key indicator of UAE tourism recovery: Experts
According to experts, the hospitality sector in the UAE is set to pick up ahead of Dubai Expo in 2021 in order to meet...