On the couch with Khalid Saud Abu Haimed, CEO of Al Khozama
We sat with visionary CEO Khalid Saud Abu Haimed to get the lowdown on Al Khozama’s impressive portfolio of hotels and restaurants.
PE fund specialized in tourism SMEs in KSA is launched
Derayah’s new fund comes within the framework of the Tourism Development Fund’s commitment to stimulating and supporting tourism investment.
Bill Gates buys large stake in Four Seasons Hotels & Resorts
Gates’s Cascade Investment LLC will payUSD 2.2 billion in cash to boost its stake in Four Seasons Holdings to 71.25 percent from 47.5 percent.
ADNEC acquires DoubleTree By Hilton London ExCel
The announcement comes in line with ADNEC’s long-term investment strategy aimed at diversifying its business across the group.
Life as a unicorn: What does Kitopi have under its belt?
Following Kitopi’s investment, HN spoke with Mario Arjan, the company’s managing director, UAE, to learn about the company’s upcoming plans.
USD 27 billion worth of hotel investments in the GCC pipeline
As per AHIC’s report, most of these are big tourism investments in KSA led by the Red Sea Project, NEOM, Amaala, Diriyah Gate and Al-Ula.
The real cost of opening a restaurant in Dubai
Full Services Restaurant is the most popular type of F&B business, modeled on the full experience of dining, service and delivery.
Art of the Club deals and how restaurants can benefit
A Club Deal is a relatively straightforward investment approach where investors pool their money to acquire a controlling or large stake in a business.
What is the risk level of COVID-19 in the Middle East’s foodservice industry?
In the Middle East, foodservice companies traded on stock exchanges seem to be less exposed by comparison, but short-term liquidity is the biggest risk factor.
Accor to create world’s largest lifestyle hotel company
The combined business will act as a standalone entity comprising 73 hotels under 12 brands, including the Hoxton and Mama Shelter, and more than 150 restaurants and bars.