Category Archives: Investors

Dubai’s answer to London Eye scrapped


Dubai’s answer to London Eye scrapped | HotelierMiddleEast.com. Advertisements

Posted in Business, construction, Developers, development, EMEA, fresh from the press, future strategy, Investors, New Trend, News | Tagged , , , , , | 1 Comment

War-torn Libya welcomes new tourism possibilities


Dec 5, 2011  The end of the 42-year Gaddafi era brings opportunities for war-torn Libya’s tourism sector according to a report from Euromonitor International. Prior to the conflict in 2010 arrivals to Libya reached just 1,245 thousand trips. The vast … Continue reading

Posted in Africa, Business, construction, Consulting, Developers, Economy, EMEA, Expansion, fresh from the press, future strategy, Hospitality Consulting, Hotel, hotel industry, Hotel Owners, Investors, Management, New Trend, News, Real estate, Traveller | Tagged , , , , , , | Leave a comment

Qatar firm eyes $500m spend on Turkish dry hotels


Nov 27, 2011    Arab tourists in Turkey A Qatar-based hospitality company is set to invest at least $500m in Turkish hotels operating under Islamic traditions. Semi state-owned Retaj Marketing and Project Management is looking to build multiple hotels to … Continue reading

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STR Global’s Market Forecast is projecting mostly year-on-year improvements in revPAR


STR Global’s Market Forecast is projecting mostly year-on-year improvements in revenue per available room for the remainder of 2011 with some slowdown expected in 2012 for the 45 markets available. The gains will be led mainly through increases in rate … Continue reading

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Qatari Diar to continue with $50mn Tunisia hotel


Qatar Diar, the real estate investment group, will commence building its five-star tourist project in Tozeur, in the south of Tunisia, shortly, the regional director of the project has said.     During a meeting last week, Walid Mohamed Keldari told … Continue reading

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Hilton to open first hotel in Iraq in 2013


Hilton Worldwide will open its first hotel in Iraq, Double Tree Suites by Hilton Erbil, by the end of 2013. The international hotel chain will open the property under a management agreement with New York-based real estate developer The Claremont … Continue reading

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Mövenpick Open Its First India Property


Mövenpick Hotel & Spa Bangalore has officially opened its doors today, becoming the first property in India for the international upscale hotel company. The five-star hotel is designed as a contemporary business destination whilst also offering exciting leisure opportunities for … Continue reading

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Hotel lending still sluggish during 2011


Article by: Jane Larkin Managing Director of Larkin Hospitality Finance In the early part of 2011, hotel lending had not returned in earnest even with the improvement in hotel fundamentals. Today, more lenders are actively engaged in hospitality lending, but … Continue reading

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World’s 10 most expensive cities for a hotel stay


Article by: Hogg Robinson Group Good news for some hoteliers, bad news for travellers on a budget; international corporate services company Hogg Robinson Group (HRG) has reported a 4% rate growth for hotels around the world in the first half … Continue reading

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Hilton signs first hotel in Sierra Leone


Article by: Harriet Sinclair Hilton Worldwide will open its first hotel in Sierra Leone, after signing a management agreement with Cape Sierra Hotel Company. Patrick Fitzgibbon, senior vice president, development, Europe and Africa, Hilton Worldwide said: “Hilton Worldwide has enjoyed … Continue reading

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