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UAE HOTEL REVENUES
International visitors to Dubai to return ahead of hotel rate recoveryDubai's tourism is bouncing back, with visitor numbers expected to recover before hotel rates. Accor, a major hospitality player, notes a l...- IHCL's domestic hotel demand strong even as Middle East crisis drags on Dubai business: Puneet ChhatwalIndian Hotels Company Limited anticipates a year-long recovery for its Dubai hotels due to the Middle East crisis, though domestic business...
- UAE to unlock billions of dollars for Iran, sources sayUS-Iran war: The United Arab Emirates is set to release billions of dollars to Iran. This move follows weeks of Iranian attacks on the UAE....
- 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...
- 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...
- UAE hotels find peace in war, go for renovations and upgradesPremium hotels in Dubai are undertaking renovations. This is happening due to a slowdown in tourist numbers. Some hotels will close for up ...
- UAE slows down from Gulf war stress; raises remittance concerns for India amid layoffs, pay cutsThe United Arab Emirates economy faces early stress as the Gulf war continues. Sectors like hospitality, travel, and food & beverage are se...
- Dubai hit by Iran: Burj Khalifa, Burj Al Arab hotel, Palm Jumeirah island hit by explosions in UAE hotspot amid missile barrage. Check full listDubai hit by Iran: Explosions and drone interceptions were reported across Dubai over the weekend as Iranian retaliatory strikes spread acr...
- I-T dept conducts searches at locations linked to Ramee GroupThe Income Tax Department conducted searches at over 30 locations linked to the Ramee Group of Hotels. This action is part of an investigat...
- UAE solidifies role as key player in global tourismThe UAE has cemented its role as a global tourism leader, achieving record-breaking performance and significant investments. Its tourism se...
- Oberoi Group exits UAEThe Oberoi Group will cease managing The Oberoi Beach Resort, Al Zorah, as the contract with owner investors ends. Employees have been info...
- UAE rakes in $5 billion as tourists return: OfficialsHotel occupancy was up more than 40 percent on Covid-hit 2021, UAE prime minister and Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum sai...
- Mall operator says UAE Q4 retail revenue to be greater than pre-pandemicPrivately-held Majid Al Futtaim has 27 shopping centres, including in the UAE, Egypt and Saudi Arabia, and franchisee rights for brands inc...
- Hilton in talks to bring iconic Waldorf Astoria Brand to MumbaiWaldorf Astoria hotels are present in New York, Florida, California, Hawaii, the UAE, Italy, France, Scotland, Germany, China, Maldives, Eg...
- OYO hotel sales globally jump over 4-fold to USD 1.8 bn in 2018Globally, OYO Hotels & Homes is present in over 500 cities across eight countries.
- Your trip to Dubai set to get costlier from next yearIndia is the number one international tourist source market for Dubai, according to Dubai Tourism department's official numbers.
- Musafir finds new hands to join its journey to profitsMusafir that offers booking services in flights, hotels, holidays and visas sees 75% of its revenues coming from flights and 25% from hotel...
- Dubai to get new tower taller than Burj KhalifaThe Tower in Dubai Creek Harbour, a 6-square-kilometer master development, will be a notch higher than 828-metre Burj Khalifa, property dev...
- Movenpick Hotels & Resorts to open hotel in Kochi by DecemberThe hotel chain has signed a management agreement with ITMA Hotels, an associate company of the Kochi-based Jomer Properties & Investments.
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