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Vida Beach Resort Marassi Al Bahrain wins top Mena Hotel award

Vida Beach Resort Marassi Al Bahrain - a major property from Emaar in the kingdom featuring a total of 157 rooms and 141 serviced residences - has been named National Winner for Mena in Hotel Project category at this year’s Meed Projects Awards.

Hotel occupancy to double year-on-year in Saudi after Hajj, Jeddah Season: Report

Hotel occupancy to double year-on-year in Saudi after Hajj, Jeddah Season: Report
alarabiya.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from alarabiya.net Daily Mail and Mail on Sunday newspapers.

Dubai hotels lead Mideast recovery

Hotels in Dubai Creek/Festival City and Dubai Marina/JBR areas will be the busiest with the highest occupancy rates, according to the Mena Hotel Forecast by Colliers.

RAK Properties reports higher profit as revenue grows

Mina Al Arab is the company s flagship Dh10 billion development consisting of a pair of islands off the Ras Al Khaimah coast. A pair of new resort hotels – a 350-room Intercontinental and a 306-room Anantara property will open this year and next, respectively, the developer said. This will improve the overall revenue stream by providing recurring income once opened. The company expects to hand over the Marbella Villas project at Mina Al Arab containing 205 villas and townhouses, including some waterfront properties, this year. Its Julphar Residence project containing 266 apartments on Abu Dhabi s Reem Island is also due for handover in 2021, the company said.

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