March 26, 2024
Via: Hotel News ResourceWhen it comes to hotel development across Africa in 2024, just five words tell the story, “Egypt and the Big 5”. In this context, “the Big 5” does not refer to Africa’s major wildlife attractions, (lion, leopard, rhinoceros, elephant and […]
December 21, 2023
Via: Hospitality DesignThanks to a vigorous development pipeline, the Middle East and Africa region is thriving. Much of that is due to Saudi Arabia’s influx of development (15 hotels with 6,050 rooms) and Dubai’s growth spurt (11 hotels with 2,868 rooms). The […]
June 13, 2023
Via: Hotel News ResourceRadisson Hotel Group announced the signing of seven new hotels, adding over 1,400 rooms to its African portfolio. The new hotels expand the Group’s brands, spanning from upscale to premium luxury lifestyle with a new market entry in Gambia and […]
Finance and Development, Trends
May 12, 2022
Via: Hospitality Net1. As restrictions eased, traveler searches surged Just as we observed when looking at global trends for Q1, we saw a big appetite for travel by EMEA travelers at the start of the year. The lift in search volume globally […]
Finance and Development, Markets
May 26, 2020
Via: Hotel News ResourceShowing the impact of the COVID-19 pandemic, hotels in the Middle East and Africa reported unprecedented performance lows during April 2020, according to data from STR. U.S. dollar constant currency, April 2020 vs. April 2019 Middle East Occupancy: -58.0% to […]
Finance and Development, Financial, Markets
January 23, 2020
Via: Hotel News ResourceHotels in the Middle East reported mixed 2019 performance results, while hotels in Africa posted positive results across the three key performance metrics, according to data from STR. U.S. dollar constant currency, 2019 vs. 2018 Middle East Occupancy: +2.3% to […]