Hospitality

Banyan Group unveils US$1 bn worth of properties for investment from the Gulf

Staff Report Dubai, UAE Thai hospitality and property conglomerate Banyan Group, which operates hotels and resorts in the Gulf region, expects to release US$1 billion worth...

Accor, ICD, and Valor Hospitality announce 999-key hotel cluster in Deira Waterfront

Staff Report Dubai, UAE Accor, an international hotel group, Valor Hospitality Partners, a global pioneer in hotel management, and Investment Corporation of Dubai (ICD), the principal...

RAK’s hotel inventory to double to over 14.6k keys by 2027

Staff Report Dubai, UAE Ras Al Khaimah (RAK), the UAE’s emerging lifestyle destination, is expected to double its hotel inventory by 2027. It will add 7,537...

KSA real estate booms as residential transactions jump 50% in 2024 

Staff Report Dubai, UAE Saudi Arabia saw a 50 percent annual uptick in residential transactions, recording US$31.45 billion in 2024 across Riyadh, Jeddah, and Dammam Metropolitan...

DGP unveils Dh900 mn Marriott-branded residences in Dubai

Staff Report Dubai, UAE  Dubai General Properties (DGP) has unveiled Marriott Residences Sheikh Zayed Road, Dubai, a branded residential community with a gross development value of...

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