Ma'an Allaham’s Post

{New Insight} 45 Hotels Coming to Saudi Arabia Saudi Arabia is on the cusp of a monumental transformation in its hospitality sector and is poised to redefine luxury and innovation in the region. As part of the Kingdom’s ambitious Vision 2030 plan, the focus on enhancing tourism infrastructure has never been more pronounced. These upcoming hotels are set to offer an unparalleled blend of opulence, modernity, and cultural richness, attracting a diverse array of international travellers and positioning Saudi Arabia as a premier global destination. Read more about it here - https://lnkd.in/dp-cwQVv

BWH Hotels (BWH) is set for significant expansion in the Middle East, particularly in Saudi Arabia, with plans to add eight new hotels and one branded residence to its portfolio. The new properties span various brands, including Best Western Hotels & Resorts, Shades, Aiden by Best Western, and Executive Residency by Best Western. BWH will directly manage three of these properties, marking a milestone for the brand in Saudi Arabia. With tourism on the rise in the region, BWH aims to cater to diverse market segments and contribute to the hospitality sector's growth. Wytze Van den Berg, vice president of international operations EMEA at BWH, said: "It is important for us to grow all aspects of the brand across chain scales, from value-driven offerings and boutique options to WorldHotels’ upper upscale selections." Delve deeper into the expansion plans: https://lnkd.in/dnyb7nes #hospitality #hotels #saudiarabia #saudivision2030 #expansion #news #operations #luxury #boutique #vp #middleeast

$2,000 a night. Maybe $3,000 or more. If Aman really is going to operate the UAE's most expensive hotel, that's what they'll need to charge. Looking at the sort of competitors in this price bracket, that could get you two nights at the Burj Al Arab or the super-exclusive Bulgari resort. The ultra-luxury race is on. What do you think? #hotelnews #hospitalitynews #hotelindustry #hospitalityindustry #dubaihotels #dubaihospitality https://lnkd.in/dW2pwpdN

"Barely a year after Las Vegas casino operator Wynn Resorts Ltd. announced plans for a $4 billion resort in the United Arab Emirates, the area is crawling with construction workers erecting five-star resorts, shops and $7 million villas in what developers expect will become a major tourist hotspot. Before that deal, the artificial Marjan islands off the emirate of Ras Al Khaimah, or RAK, had spent most of the past decade as a lost opportunity, a 2.7 square-kilometer (1 square mile) white elephant largely unused after a $1 billion football-themed resort and related Real Madrid academy was scrapped for the site. These days, every lot is sold and cranes are rising faster than the morning desert heat. [ ] At least 20 developers have projects in various stages of design and construction on the islands. [ ] Anticipating the rush of new visitors, the emirate’s small international airport is planning to build a new terminal to boost capacity to 2 million passengers a year by 2027, almost triple the some 700,000 travelers anticipated this year. About one-third of the world’s population lives within a four-hour flight."

We talked to Poman Lo from Regal Hotels International about the company's plan to venture into Saudi Arabia with dozens of green hotels. Read here:

Millennium Hotels and Resorts MEA is set for significant expansion. Over the next seven years, we plan to double our portfolio, growing from our current 60+ properties to over 100 property by 2030. The rapid growth of the hospitality sector in the Middle East is a key factor driving this expansion. We're privileged to operate in the world's fastest-growing region. Statistically, this area accounts for 30% of global new developments in hospitality, solidifying its position as the leading growth market. Millennium Hotels and Resorts MEA is embarking on an exciting expansion in Saudi Arabia. With the Kingdom’s robust economic growth and vision for a diversified tourism sector, Millennium is seizing the opportunity to enhance its presence. We plan to significantly increase our portfolio within Saudi Arabia, introducing new properties that align with the country’s Vision 2030 initiative. This expansion reflects our commitment to offering world-class hospitality and catering to the rising demand for luxury accommodations in one of the region’s most dynamic markets. #NewHotels #Expansion #MiddleEast

Luxe Hotel Development: Red Sea Global Secures $522M Financing Deal. Red Sea Global (RSG) has sealed a SR2 billion ($522 million) financing pact with Riyad Bank to propel the Four Seasons Hotel project on Shura Island, Saudi Arabia. This financial milestone, in collaboration with Kingdom Holding Co., marks a crucial step towards advancing the upscale hotel's completion. Featuring 159 opulent units, the property is slated for an early 2025 unveiling. John Pagano, RSG CEO, underscores the significance of this endeavor, stating, "With our first two hotels already open, we're spearheading Saudi Arabia's emergence onto the global tourism stage." Pagano adds, "Riyad Bank's continued partnership underscores private sector confidence in the Kingdom and RSG. We're honored to have them onboard once again." Integral to the broader Red Sea project, this development encompasses luxury resorts, residential units, a championship golf course, a marina for 118 yachts, and diverse retail and entertainment options. Nadir Al-Koraya, Riyad Bank CEO, emphasizes the bank's commitment to RSG's vision, citing its alignment with the Kingdom's Vision 2030 and RSG's commitment to responsible development. The destination, already receiving visitors since 2023, anticipates full completion by 2030. Shura Islands, set to debut in 2025, will host 50 resorts, 8,000 hotel rooms, over 1,000 residential units, and six inland sites. Formalized in October 2023, the joint venture between RSG and Kingdom Holding Co. underscores a shared commitment to transformative development, with a 50/50 partnership and SR2 billion investment. #HotelFinancing #LuxuryHospitality #TourismInvestment #SaudiTourism #HospitalityIndustry #HotelDevelopment #SaudiBusiness #InvestmentOpportunity #RedSeaDevelopment #RealEstateInvestment #PropertyDevelopment #LuxuryRealEstate #RealEstateFinance #PropertyInvestment #RealEstateAdvisory #InvestmentOpportunity #CommercialRealEstate #RealEstateConsulting #SaudiRealEstate

As we bid farewell to 2023, let's reflect on the #transformative landscape of the #hotelindustry. 🏨 From IHG's foray into #SaudiArabia to Mohari's luxury sector dominance and #Marriott's exclusive partnership with #MGMResorts, the year was marked by strategic brilliance. #qatar Investment Authority's bold move to acquire #ParkLaneHotel and Saudi Arabia’s PIF investing in Rocco Forte Hotels showcase global ambitions. However, the #yearends with the ongoing saga of Choice Hotels and Wyndham, underlining the industry's cautious stance in the face of economic uncertainties. Exciting times ahead as the hospitality landscape continues to evolve. #industrytrends #60seconds #60second #60secondhospitality #AtharJ #hospitality #trendingpost #trendingnow #trends2023 #Tourisminsights Tourism Insights https://lnkd.in/dDVxkYKT

Live the Ultimate Power Move at the Trump International Hotel Aida, Oman. Encompassing a luxury hotel, hanging suites, Trump Hotel Cliff villas, a championship golf course, a members only club and The Cliff Night Club, exemplifying living extravagantly at its finest. This world of sensational vacation experiences with unparalleled world-class standards and lavish amenities, is guaranteed to elevate every moment of every day. Invest in a luxury room or suite and enjoy two weeks a year for personal indulgence and a golf social membership. Invest in a luxury room at Trump International Hotel or Trump Villa , Oman, and secure a lucrative opportunity with expert management and investment safety along with consistently high occupancy rates. The hotel’s collection of luxury rooms and suites is set to establish new standards in world-class hospitality across the region, ensuring a steady stream of guests and revenue. Expect high returns on investment, along with exclusive unmatched privileges. Keep up, get in touch! Discretion is guaranteed. Milliard Carta Group. Where there is privacy there is power, preservation and growth. 🇬🇧 + 44 330 822-1479 🇺🇸 +1 (716) 351-5945 📧 [email protected] Visit milliardcarta.com #investment #assets #realestate #trump #hotel #luxuryhomes #wealthbuilding #potus #washington #usa #visa #residence #lifestyle #power #propertyinvestment #sports #golf #superyacht #wyoming #investor #businessowner #assetprotection #oman #icondesign #summer #villa #newyork #luxurylifestyle #investorlife #millionaire June 27

🏢 Ras Al Khaimah Casino Resort Exciting news about Ras Al Khaimah! Wynn Resorts is bringing the UAE's first-ever casino resort to Al Marjan Island, set to redefine luxury and entertainment in the region. 🔍 About the Casino Resort: Prime Location: Positioned on the picturesque coast of Ras Al Khaimah, offering breathtaking views and a serene environment. World-Class Amenities: The resort will feature top-notch restaurants, entertainment venues, and a state-of-the-art casino, making it a premier destination for both locals and tourists. Impact on Real Estate Prices: 📈 The introduction of this landmark project is expected to boost tourism and significantly impact real estate prices in the area. Property values around Al Marjan Island are anticipated to rise, reflecting the growing demand for high-end accommodations and residential spaces. Хэштег #RasAlKhaimah #CasinoResort #RealEstateImpact #ElitStroyProperty #UAERealEstate #LuxuryLiving #TourismBoost