The reality of real estate hotel investment
If considered carefully, investing in hotel real estate can be a profitable endeavor. Christian Salloum, managing director of BrandPortunity Hospitality Consultancy, takes a closer look at the different types of investment and how to get the ball rolling.
A steady surge in expats living overseas results in demand for passports and consular services
According to the Diaspora Alliance, diaspora numbers have tripled in the last five decades, rising from 75 million to over 230 million.
3Fils appoints Chef Frances and Chef Angelica as sushi chefs
Frances Sintin and Angelica Fonjock, known as the chicks behind the chopsticks, have joined 3Fils, a harbor-side community-style restaurant that services premium Asian dishes with a Japanese twist.
Rotana unveils its brand entry in Algeria with Azure Rotana Resort & Spa
Rotana, one of the leading hotel management companies in the region with over 100 properties across the Middle East, Africa, Eastern Europe and Türkiye, has announced its entry into the Algerian market with Azure Rotana Resort & Spa. The resort in Algeria’s port city of Oran is set to open in March 2023.
Baker & Baker expands in the UAE with La Marquise International
Baker & Baker, owned by Rhône Capital, one of Europe’s leading suppliers of Bakery Products signed an exclusive agreement with La Marquise International as its foodservice distributor in the UAE, marking the company’s first step in building a customer base in the country and leveraging its relationship with global QSR chains in the EU to supply their outlets in the UAE.
GCC hotels can achieve net zero emissions by 2050
Hotels throughout the region can create a bespoke roadmap to achieve net zero emissions by 2050. While many independent hotels, three- and four-star properties lack the necessary support of consultants to design, plan and execute a carbon-neutral roadmap, major international hotel brands already have the necessary resources to achieve their sustainability goals. The main challenges are: carbon footprint assessments across the hotel and its value chain; a lack of financial resources, with little or no budget allocated for climate-related activities; higher costs associated with sustainable products; and insufficient regulatory incentives to support a hotel’s net zero transition.
Crowne Plaza Doha West Bay appoints Hadi Medawar as its new director of sales and marketing
Hadi Medawar has been appointed the new director of sales and marketing at Crowne Plaza Doha West Bay, an IHG hotel.
Back to the land of the pharaohs
Egypt appears to be getting back on its feet after years of economic turmoil and social unrest, intensified by the pandemic. Nada Alameddine, managing partner at Hodema consulting services, shares her insights on tourism recovery and what the regional power of North Africa is likely to witness in terms of foreign arrivals in 2022 and beyond.