Hotstats’ latest report MENA Chain Hotels Market Review August 2017 has indicated a positive month for hotels across the region with properties achieving an overall 6.6 percent increase in gross operating profit per available room year-on-year.
In line with Saudi Vision 2030 to boost religious tourism in Saudi Arabia, Swiss-Belhotel International has unveiled plans to launch Swiss-Belhotel Al Aziziya Makkah.
According to Saudi Exhibition and Convention Bureau (SECB), several achievements were made during the second quarter of this year (Q2) regarding the country’s MICE sector, including the licensing of 2,756 events.
STR’s July 2017 Pipeline Report showed that 166,166 units in 590 hotel projects were under contract in the Middle East during the month, a 6.6 percent rise in rooms over July 2016.
As revealed in Jones Lang LaSalle’s (JLL) H1 2017 Makkah Real Estate Market Overview report, Mecca’s real estate sector registered a positive shift in the first half of this year (H1) as quotas have been lifted on Hajj pilgrims.
With the aim to further boost religious tourism while also expanding economy hotel options in the Islamic Holy City, AccorHotels has recently partnered with Alesayi Group to open Hotel ibis Styles Makkah.
Park Inn by Radisson, the midscale hotel brand of Carlson Rezidor Hotel Group, has recently launched a new address in Mecca, strengthening the group’s presence in Saudi Arabia.
Hilton Hotels & Resorts welcomed the newest addition to its growing Middle East portfolio, Hilton Makkah Convention Hotel, which opened its doors on April 02.
Starwood Hotels & Resorts Worldwide’s latest regional project, Sheraton Mekkah Jabal Al Kaaba is expected to welcome its first guests at the end of the year. Owned by Altayyar Travel Group Holding Company,