Qatar buys iconic Westin hotel in Rome for $251m

Qatar has bought the The Westin Excelsior Rome for $251 million, and plans to undertake a five-year renovation of the hotel following the...

Property

AccorHotels to be first international chain to open in Iran since 1979

France’s AccorHotels has signed with Iran’s Aria Ziggurat to open two properties in Tehran, making it the first international hospitality chain to launch...

Construction

Dubai’s Nakheel inks deal with Premier Inn for Dragon City hotel

Dubai property developer Nakheel has signed a second management agreement with the UK-based Premier Inn, with the latest deal involving a 250-room hotel...

Construction

Bloom to build five-star Edition hotel at Abu Dhabi Marina

Bloom Hospitality has announced the development of a five-star hotel at Abu Dhabi Marina, which is set to be operated under the...

Construction

Abu Dhabi to get 2,300 more hotel rooms this year, says JLL

The Abu Dhabi hospitality industry is experiencing positive growth with 2,300 hotel rooms set to enter the market this year, according to...

Construction

R Hotels plans $41m property in Ajman, UAE

R Hotels has announced plans for a 182-room hotel on Ajman Corniche, set to be developed at a cost of $40.9 million (AED150m).Construction...

Construction

Bahrain hospitality, retail sectors hold promise, says CBRE

Bahrain’s retail sector continues to witness development in the destination and community mall segments, while its hospitality market has also been busy...