Hyatt acquires Two Roads Hospitality for USD 480 million

Hyatt acquires Two Roads Hospitality for USD 480 million

Two Roads Hospitality is an international lifestyle company encompassing a collection of 85 properties in eight countries.

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UAE agriculture startup Pure Harvest gets USD 1.5 million from MBRI Fund

UAE agriculture startup Pure Harvest gets USD 1.5 million from MBRI Fund

The startup focuses on the production of greenhouse fruits and vegetables in arid climates using world-leading Dutch hydroponics and climate management technologies.

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Stay tuned for AHIC’s 15th edition coming in April

Stay tuned for AHIC’s 15th edition coming in April

The 2019 program, themed ‘Synchronized for Success’, is being developed following the AHIC Advisory Board.

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Crowdfunding hotels: An alternative real estate investment model

Crowdfunding hotels: An alternative real estate investment model

In April of this year, Smart Crowd became the first regulated financial digital investment platform in MENA and remains the only one to date. Here’s how its investment model allows people to build a diversified real estate portfolio, with just a small capital pool

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AccorHotels and Mövenpick Hotels & Resorts finalize merger

AccorHotels and Mövenpick Hotels & Resorts finalize merger

With the close of this acquisition, AccorHotels has become the largest operator by room number in the Middle East and Africa.

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Emaar Hospitality Group’s Olivier Harnisch highlights his operational strategy

Emaar Hospitality Group’s Olivier Harnisch highlights his operational strategy

It is important to develop brands that meet the diverse spectrum of needs and aspirations of travelers.

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CityCenter sells Mandarin Oriental Las Vegas for USD 214 million

CityCenter sells Mandarin Oriental Las Vegas for USD 214 million

CityCenter is jointly owned by a wholly owned subsidiary of MGM Resorts International and Infinity World Development Corp (a wholly owned subsidiary of Dubai World).

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Coca-Cola buys Costa Coffee for USD 5 billion

Coca-Cola buys Costa Coffee for USD 5 billion

The acquisition will expand the existing Coca-Cola coffee lineup by adding another leading brand and platform.

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International tourism at highest level since 2010

International tourism at highest level since 2010

China continues to lead global outbound travel, having spent USD 258 billion on international tourism in 2017.

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Three Major Projects Taking Shape In The ME

Three Major Projects Taking Shape In The ME

An interview with Hani Kafafi, CEO of Al Houda Hotels & Tourism Company, which operates in Kuwait, Cairo, UAE and Iraq, revealed details of the asset management and development company’s three current projects.

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