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DUBAI OCCUPANCY RATES
Holiday home operator Elivaas plans new funding round; targets 1,200 villasElivaas, a holiday home operator, is preparing for its next fundraising round to fuel expansion. The company plans to double its villa coun...
Dubai luxury hotels woo staycationers as tourists fleeOnce reserved for wealthy travellers, Dubai's top-notch hotels have become almost exclusively reliant on residents, drawn in by dizzying st...
The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
Dubai hospitality gets a nine-day breather during Eid al-Adha holidaysIn anticipation of the Eid al-Adha holidays, hotels across Dubai and Abu Dhabi are seeing a notable spike in reservations, a promising sign...
IHCL shares in focus after Q4 results; firm highlights Iran-US war impact. Here’s what Morgan Stanley, other brokerages sayThe Indian Hotels Company Limited (IHCL) reported a 15% year-on-year rise in net profit to Rs 600 crore for Q4 FY26, despite a 36% sequenti...
Dubai hotel rates remain stable amid shocksAverage hotel rates for new bookings in Dubai remained largely stable through April, according to data from RateGain and industry executive...
Leela Hotels Q4 proft after tax jumps 46% on strong luxury demandLeela Hotels has announced a landmark financial year 2026. The luxury chain saw operating revenue climb to Rs 1527.3 crore. Profit after ta...
Radisson Hotel Group expects to create 65,000-80,000 job opportunities in India by 2030 with 500 propertiesRadisson Hotel Group is embarking on an ambitious journey to enhance its footprint in India, targeting the launch of 500 hotels by 2030. Th...
IHCL remains confident of achieving all its goals: MD and CEOIndian Hotels Company Limited, IHCL, is successfully managing global and local challenges. The company is expanding its brand portfolio acr...
Dubai realty shaken from West Asia conflict but holds its groundReal estate transactions in Dubai fell 14% in early April amid the West Asia conflict, with buyer sentiment hit and rental demand sharply d...
Hoteliers hope for swift West Asia reboundThe hospitality sector anticipates a strong recovery in the Middle East after the US-Iran ceasefire. Industry leaders expect occupancies in...
Middle East tourism to bounce back after ceasefire, but rates may lagThe hospitality sector anticipates a strong recovery in the Middle East after the US-Iran ceasefire. Industry leaders expect occupancies to...
UAE real estate sector enters 2026 from position of strength but faces uneven risks amid Middle East crisis: UBS reportThe real estate sector in the United Arab Emirates has entered 2026 from a strong position, supported by robust demand for residential and ...
UAE real estate sector enters 2026 from position of strength but faces uneven risks amid Middle East crisis: ReportThe report said major developers in the country have reported strong sales momentum and record project pipelines driven by strong investmen...
Luxury UAE hotels roll out steep staycation discounts to residentsDubai and other UAE accommodations are rolling out enticing staycation offers for locals amid plummeting occupancy rates caused by rising t...
Dubai hotel rates plunge as Middle East conflict stalls bookingsDubai hotels are experiencing a sharp decline in bookings and rates. Travel concerns stemming from the Wesia conflict have impacted occupan...
Dubai received 14.36 mn int'l visitors in 2022, close to pre-Covid levelsThe growth, which enabled the emirate to surpass global and regional tourism recovery levels, contributes to the goal of the Dubai Economic...
- 'BRIC countries key to sustaining Gulf hotel growth'
Asia and South America are drivers for growth in the hotel sector in the Gulf, particularly for Dubai, where demand is only limited by the ...
- Dubai hotel guests cross 5.5m in nine months: Report
Dubai's tourism industry is surging ahead with the hotels registering 5,991,660 guests in the first nine months of 2010.
- Dubai to add 210 more hotels by 2012
The three colossal palm-shaped islands being developed off the coast of Dubai by Nakheel will add more than 200 hotels to the emirate's exp...