Friday 28 November 2014
 
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hotels

EMEA hotel rates ‘likely to rise in 2015’

Hotel rates are set to rise slightly in Europe, Middle East and Africa (EMEA) in 2015, with air and ground transportation prices predicted to remain largely static, a new study said. Smaller corporations, with less negotiation leverage

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Dubai hotels see 9pc drop in August daily rates

Dubai’s overall hospitality market recorded an average daily rate (ADR) of $195 in August as against $213 in the same month of 2013, marking a drop of 9.23 per cent, a report said. Average occupancy jumped month-on-month fro

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Millennium & Copthorne plans three hotels in Oman

Millennium & Copthorne Hotels Middle East and Africa (MEA) will open three new properties in Oman, starting with the launch of a global brand first, the 115-key Millennium Executive Apartments in Muscat in the first quarter of 2015.

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Gulf Hotels revenue surges to $64m

Gulf Hotels Group’s (GHG) gross revenues rose 6.2 per cent to BD24.5 million ($64.3 million) in the first nine months of this year, compared with BD23 million ($60.95 million) in same period last year. The Bahrain group generated

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KFH Capital buys two New York hotels

KFH Capital Investment Company, the investment management arm of Kuwait Finance House, has bought two big hotels in Manhattan, New York (US) - the 148-room Hampton Inn United Nations and the 135-room Holiday Inn Express Manhattan Times Square So

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Abu Dhabi hotels report 26pc growth in guest arrivals

Abu Dhabi’s 156 hotels and hotel apartments have reported their best nine months yet this year in terms of guest arrivals, guest nights, occupancy and revenue. Figures released by Abu Dhabi Tourism & Culture Authority (T

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Accor targets 30,000 rooms in Mideast by 2020

Accor HotelServices Middle East, one of the world’s leading hospitality groups, has announced plans to double the size of its operations in the Middle East to over 30,000 rooms by 2020. The group’s chairman and chief e

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Qatar to build 44 new hotels to meet 2022 goals

As many as 44 hotels across all market sectors, estimated to provide over 11,000 additional keys, are expected to be developed in Qatar to meet the supply targets for 2022. As the tourism sector has come to the forefront of Doha’s

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Wyndham names new head for EMEA region

Wyndham Hotel Group, a leading hospitality group, has appointed Daniel Ruff as the new president and managing director of the Europe, Middle East and Africa (EMEA) and Indian Ocean regions. In his new role, effective from November

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Jumeirah spreads wings across China

Jumeirah spreads wings across China Dubai’s Jumeirah Group is to manage three new luxury hotels and resorts that are being built across China. The Jumeirah Haikou Resort is set in an exclusive golf community o

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