Latest News & Updates | Hospitality Sector

  • IHG experienced its strongest net-system-size growth in more than a decade last year, according to the company’s full-year 2019 report, which showed a 5.6 percent increase (5 percent excluding the Sands partnership in Macao) to approximately 884,000 rooms.
  • InterContinental Hotels Group CEO Keith Barr said that the group would see a “delay, not a stop” with growth in China as a result of the coronavirus.
  • Uber Co-Founder Travis Kalanick Backs Hotel Company Using 3D Printing Tech
  • JW Marriott, part of Marriott International, Inc., announced the opening of JW Marriott Muscat today, setting the stage for distinctive experiences in Oman’s historic capital. Located in the heart of Muscat’s new business hub, within the Sultanate’s largest urban development project Madinat Al-Irfan, the hotel is an integral part of the prestigious Oman Convention & Exhibition Centre (OCEC) precinct.
  • More than $23bn-worth of hotel construction contracts were due to be awarded in the Middle East and North Africa between now and 2023, according to MEED Projects. The company said that, in the final quarter of last year, development was most active in Oman, Egypt, UAE and Saudi Arabia.
  • Algeria has so much to offer to travellers in search of destinations largely untouched by mass tourism. Until now, the land of the Fennecs has been preserved from large numbers of holidaymakers because tourism did not figure in the country’s development plans. However, this may soon change with the new Government’s initiative to introduce an electronic visa system.