ADNEC acquires DoubleTree By Hilton London ExCel

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.

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Life as a unicorn: What does Kitopi have under its belt?

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.

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USD 27 billion worth of hotel investments in the GCC pipeline

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.

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The real cost of opening a restaurant in Dubai

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.

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Art of the Club deals and how restaurants can benefit

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.

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What is the risk level of COVID-19 in the Middle East’s foodservice industry?

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.

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Accor to create world’s largest lifestyle hotel company

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.

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Will Accor and IHG merge to form the world’s biggest hotel chain?

Will Accor and IHG merge to form the world’s biggest hotel chain?

A marriage between the two firms would propel them far ahead of U.S. rival Marriott by number of hotel rooms, with over 1.6 million between the two.

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The world stands in solidarity with Lebanon

The world stands in solidarity with Lebanon

World leaders pledged more than 250 million euros in a virtual conference hosted by France. The emergency aid will be delivered “directly” to the people. 

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How Four Seasons Hotels George V is supporting the global restaurant industry

How Four Seasons Hotels George V is supporting the global restaurant industry

The largest global event of its kind aims to raise funds that will provide direct and tangible financial relief for restaurants worldwide.

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