FAM Holding acquires an 11,700 m2 plot at Al Marjan Island

FAM Holding acquires an 11,700 m2 plot at Al Marjan Island

FAM Holding, one of the leading conglomerates of business solutions across a number of industries in the region, has acquired a 11,700 square meter plot on Al Marjan Island in Ras Al Khaimah to develop Al Mahra Resort. The new property is scheduled to open in 2021.   The hotel...

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Hyatt plans Hyatt Centric Yalikavak Bodrum

Hyatt plans Hyatt Centric Yalikavak Bodrum

Hyatt Hotels Corporation  announced that a Hyatt affiliate has entered into a franchise agreement with Özkent Girisim Gayrimenkul Yatırım ve Ticaret A.S. for a Hyatt Centric hotel in Bodrum, Turkey.   Hyatt Centric Yalikavak Bodrum will be managed by Access Tourism and Hotel Investment Consultancy Ltd. Expected to open in...

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Mohamed Ruqait (MR) Properties to develop its second hotel

Mohamed Ruqait (MR) Properties to develop its second hotel

MR Properties, one of the leading developers of residential and commercial properties in Ras Al Khaimah, announced a new four-star beachfront property, during Cityscape Global 2017 which runs from September 11 till 13 at Dubai International Convention and Exhibition Centre.     This new announcement comes on the heels of the...

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UNWTO: Middle East tops international tourism in H1 2017

UNWTO: Middle East tops international tourism in H1 2017

Visitor numbers reported by destinations around the world reflect strong demand for international travel in the first half of 2017, according to the latest UNWTO World Tourism Barometer.   Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained...

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