Investment Update: Hotels, Restaurants and New Hotel Projects
It’s been a tough time for investors. Abdul Kader Saadi, managing director and owner of Glee Hospitality Solutions, talks about the challenges facing new projects and those signed pre COVID-19.
How Restaurants Can Hire Smartly And Create An Efficient Management System
The restaurant industry is notorious for its high employee attrition rates, and thus requires an efficient management system. Abdul Kader Saadi, managing director and owner of Glee Hospitality Solutions, takes a look at how these businesses can attract, hire and retain the right personnel.
Exclusive: COVID-19 effects on the region’s foodservice industry
HN spoke to Aaron Allen, CEO and chief strategist of Aaron Allen & Associates to know more about how the region’s F&B scene would look.
HVS’ Hala Matar Choufany: Adapting to change is key
Creating a unique destination that focuses more on an experience rather than the guestroom décor will gain more popularity.
Four MENA properties joined Preferred Hotels & Resorts
New member will have access to Preferred’s global network of corporate, leisure, and sales professionals and to the benefits of I Prefer Hotel Rewards.
HotStats MENA Annual Hotel Performance Tracker 2020: Drops in revenues and profits
The region’s prospects for a bounce-back performance in 2020 were all but dashed by the advent and spread of the coronavirus, which is laying waste on the global hospitality industry.
MENA F&B Market Overview
The MENA F&B market is in a continuous state of flux, with constant challenges emerging, and yet the number of opportunities ripe for tapping is on the rise for those with sufficient flexibility to adapt to the climate of the market.
MENA Hotels Profit-Losing Streak Continues
August marked the 12th consecutive month of profit decline at hotels in the Middle East and North Africa, as profit per room fell by 7.0% year-over-year to $58.06.
MENA: Lower revenues, higher costs sink profits
2018 was a bruising year for hotels in the Middle East & North Africa, as an intersection of oversupply, political fallout and macro-economic worry challenged profitability.
25 new Warwick Hotels & Resorts will come to the MENA region by 2025
he company currently operates 16 hotels in the MENA region spread across Saudi Arabia, Qatar, Turkey and Lebanon, both in four-and five-star categories.
