RAK Properties announced a strategic deal with Commercial Bank of Dubai (CBD) to arrange an AED 2 Billion financing facility. The syndicated long term financing facility will support RAK Properties’ ambitious growth trajectory, as well as boost the development of green buildings in the region which includes several luxury hotels and residential communities within Mina Al Arab, while also providing essential long-term liquidity to ensure the company’s sustainable growth. This agreement also demonstrates CBD’s belief in RAK Properties’ long-term vision and strong market position, setting the stage for continued success in Ras Al Khaimah’s dynamic real estate sector. Sameh Muhtadi, CEO of RAK Properties, said: “Our agreement with Commercial Bank of Dubai is a pivotal milestone in RAK Properties’ strategic growth journey to transform Ras Al Khaimah into a premier destination for luxury living and investment. The facility will provide us with the financial resources needed to drive our expansion plans, allowing us to deliver value to our stakeholders and drive the emirate’s economic development. Our well-established relationship with CBD continues to be a key enabler in realising our vision for Mina Al Arab as we move forward with our developments.” Rahul Jogani, CFO of RAK Properties, added: “This facility provides us with long term access to financing as we need it, allowing us to respond rapidly to project demands and growth opportunities without overextending our resources. It offers the kind of financial agility that is essential in managing large-scale developments like Mina Al Arab, ensuring we maintain a sustainable growth path.” Dr Bernd van Linder, CEO of Commercial Bank of Dubai, stated “We are proud to be the bank that backs the nation’s ambitions and supports RAK Properties in …
Read More »Mercure Hotel opens its doors in the heart of Muscat, offering a luxurious experience reflecting the authenticity of Omani Hospitality
Accor announced the opening of its first Mercure in the capital, Muscat, Oman. The hotel boasts a prime location, just 15 minutes from Muscat International Airport, offering easy access to business hubs and government offices, catering to both business and leisure travelers alike. With 186 rooms and suites, the hotel combines elegance and simplicity to offer an authentic ambiance, featuring panoramic views of the city, mountains, and sea. The walls of all guest rooms are adorned with Arabic calligraphy, while modern urban art beautifies the building’s façade. The soft opening of the “Mercure Muscat” hotel took place under the patronage of His Excellency Azzan bin Qassim Al Busaidi, Undersecretary for Tourism at the Ministry of Heritage and Tourism. The hotel embodies the essence of local exploration and authentic Omani hospitality. As the only Mercure hotel in the world to feature Arabic calligraphy in all guest rooms and graffiti art on its exterior, these creative artistic elements reflect the traditions of authentic Omani art, making Mercure Muscat an exceptional destination for travelers seeking rich cultural experiences combined with modern comforts, placing the hotel among the standout Mercure hotels globally. Guests can enjoy a range of luxurious facilities, including the outdoor pool and jacuzzi on the seventh floor. The hotel also features a state-of-the-art health club and a serene spa offering customized treatments. For business events and special occasions, Mercure Muscat is equipped with versatile meeting and event spaces that can accommodate over 450 guests. The ballroom, one of the largest in Muscat, is pillarless and offers private access, making it an ideal venue for weddings and other grand events. In addition, there are three meeting rooms and spaces tailored for small gatherings and business …
Read More »Sun Siyam Iru Fushi commits to sustainable tourism by signing the Glasgow Declaration on Climate Action in Tourism
Sun Siyam Iru Fushi announces its unwavering commitment to sustainability by becoming a signatory of the Glasgow Declaration on Climate Action in Tourism. This significant step aligns Sun Siyam Iru Fushi with global efforts to reduce carbon emissions and foster sustainable tourism practices, reinforcing the resort’s dedication to responsible and eco-friendly operations. This dedication is a testament to our values and commitment to sustainable practices. The Glasgow Declaration on Climate Action in Tourism unites the travel and tourism sector behind a standard set of pathways to accelerate climate action. By joining this initiative, Sun Siyam Iru Fushi commits to reduce its carbon emissions by at least 50% over the next decade and achieve Net Zero emissions as soon as possible, and certainly before 2050. This commitment is part of the resort’s broader sustainability strategy under the resort-wide Sun Siyam Cares program. This program prioritizes environmental stewardship, community support, and the preservation of the Maldives’ natural beauty and will guide our efforts to meet our climate action targets. As a signatory of the Glasgow Declaration on Climate Action in Tourism, Sun Siyam Iru Fushi commits to aligning its actions with the latest scientific recommendations to ensure a global temperature rise of no more than 1.5°C above pre-industrial levels by 2100. This includes delivering or updating climate action plans within 12 months, aligning plans with the Declaration’s five pathways, reporting publicly annually, and working collaboratively to share good practices and solutions Key Commitments by Sun Siyam Iru Fushi: Support Global Climate Goals: Cut emissions in half by 2030 and achieve Net Zero before 2050, in line with global climate targets. Develop Climate Action Plans: Deliver or update climate action …
Read More »Al Khoory Hotels launches exclusive loyalty programme
Al Khoory Hotels announced the official launch of its new loyalty programme, Hayakum Al Khoory Rewards as the company continues to witness increased guest numbers and year-on-year RevPAR (revenue per available room) growth. The Arabic name Hayakum, meaning welcome, is inspired by Al Khoory Hotel’s emirate heritage of ensuring a warm and rich welcome at all its properties in Dubai and its long-term relationships with guests since launching in 2008. The loyalty programme, which is free to join, will provide members with a range of exclusive and unique benefits, including discounts, priority check-in and late check-out, priority reservations at restaurants and spas within the Al Khoory Hotels portfolio, discounted rates for local heritage tours, a dedicated concierge, and flexible cancellation policies. Speaking about the launch of the loyalty programme, Mr. Abdulla Mohammed Tayeb Khoory, Vice Chairman of Al Khoory Group, said: “This represents a new chapter in our journey of excellence in hospitality, and underscores our commitment to providing our guests with unmatched service and exclusive rewards. Hayakum reflects our appreciation for their continued support and trust in the brand by providing benefits that go beyond mere points and discounts. “By joining this programme, guests will enhance their stays and contribute to a hospitality community that values exceptional service, sustainability, and innovation.” Unlike traditional loyalty programmes that often focus on point accumulation, Hayakum is centred on delivering meaningful experiences and catering to the needs and preferences of today’s travellers. “We are setting a new benchmark for loyalty programmes in the region, aligning with broader industry trends towards personalisation, sustainability, and value-driven service in order to build lasting customer relationships,” added Khoory. The launch marks a significant milestone for Al Khoory Hotels, coinciding with …
Read More »Park Hyatt and Andaz brands to debut in NEOM, KSA
Park Hyatt and Andaz brands are set to debut in Jaumur, a cosmopolitan luxury marina community located in Magna on the coast of the Gulf of Aqaba, Kingdom of Saudi Arabia. The brand-new Park Hyatt Jaumur and Andaz Jaumur Marina, set to open in 2027, will offer a combination of 350 luxurious rooms and suites, offering exceptional experiences for guests. Andaz Jaumur Marina, with 225 modern rooms and suites, will be a celebration of art and creativity, capturing the very soul of Jaumur. Redefining coastal luxury for a new generation, Park Hyatt Jaumur and Andaz Jaumur Marina will offer personalized experiences for visitors seeking indulgence and adventure against a backdrop of awe-inspiring natural beauty. Jaumur offers a visionary blend of land and sea experiences, setting a new standard for coastal luxury living for residents and guests. This exclusive destination features a state-of-the-art 300-berth marina with a gravity-defying cantilever rising above the largest of super yachts, a sculptural landmark that serves as the perfect base for marina attractions. The marina promenade will be a place alive with entertainment, leisure, and cultural experiences alongside the deep-sea diving research centre, dedicated to deep-sea exploration. Park Hyatt Jaumur will sit at the community’s vibrant epicenter, overlooking the bustling marina. Designed as an oasis of relaxation with 125 rooms, Park Hyatt Jaumur will serve as a home-away-from-home that seamlessly blends the very best entertainment, leisure, and cultural experiences, enabling guests to immerse themselves in unmatched offerings. The hotel will inspire innovation while offering an eclectic allure, making it a luxury lifestyle destination for those seeking an escape from the ordinary. With a focus on personalized experiences, Andaz Jaumur Marina will envelop guests in its unique charm, with …
Read More »IHG Hotels & Resorts debuts Vignette Collection brand in Egypt
IHG Hotels & Resorts signed a management agreement with Maxim Hotels and Resorts Management to bring the Vignette Collection brand to Egypt with a signing in Port Said. Scheduled to open its doors in December 2027, Vignette Collection Hotel Royal Maxim Port Said will seamlessly blend heritage and contemporary hospitality, offering guests a luxurious yet authentic experience. The 140-key hotel will feature two distinct sections, each featuring 70 rooms. The first section restored from a heritage building that once housed the Suez Canal Authorities, will provide guests with beautiful views of the canal. The second section will be a newly constructed beachfront property, providing easy access to the shore. Vignette Collection is a family of one-of-a-kind, exclusive hotels curated for guests seeking rich and varied stay experiences in some of the most sought-after urban and resort locations and enriches IHG’s fast-growing Luxury & Lifestyle offer for both leisure and business travellers. The brand also gives owners of world-class independent hotels the opportunity to retain their distinctive identity, while benefitting from IHG’s global scale and luxury and lifestyle expertise. Haitham Mattar, Managing Director, India, Middle East and Africa (IMEA) at IHG Hotels & Resorts, commented: “We are excited to partner with Maxim Hotels and Resorts to debut the Vignette Collection brand in Egypt. With its conversion friendly proposition and a promise to offer unique stays to guests in high-quality luxury and lifestyle hotels, Vignetter Collection brand has seen phenomenal success worldwide. Vignette Collection Hotel Royal Maxim Port Said will be situated in one of Egypt’s most historical landmarks, known for its association to the Suez Canal, and therefore will attract visitors for its strategic location steeped in rich history. He added: …
Read More »Hilton Riyadh Olaya opens its doors in the heart of Riyadh
Hilton Riyadh Olaya officially opened its doors in Saudi Arabia offering towering views over Riyadh, the hotel blends premium hospitality with design and is in close proximity to key business hubs within the city. Hilton Riyadh Olaya features 239 contemporary guest rooms, one- and two- bedroom suites, and residential apartments. “We are excited to welcome guests to the highly anticipated Hilton Riyadh Olaya,” said Stephan Reiter, General Manager. “This opening marks the culmination of months of hard work and collaboration with city officials and local partners. We are deeply grateful for the support of the community and leadership, and we look forward to creating memorable experiences for our guests in this vibrant city.” The hotel seamlessly combines contemporary amenities and enduring charm, offering a unique experience for both business and leisure travellers. Hilton Riyadh Olaya places a strong emphasis on inspiring design, creating spaces that are modern, stylish, and sophisticated. Ideally situated just 18 minutes from the King Abdullah Financial District and 25 minutes from the Riyadh International Exhibition Centre. Additionally, the iconic Kingdom Tower is conveniently close by. The hotel’s architecture and design are inspired by the publishing world and evoke elements reminiscent of quills, pens, texts, and calligraphy. Hilton Riyadh Olaya offers signature amenities designed for comfort and convenience. Guests can enjoy exclusive access to the Executive Club Lounge, featuring complimentary refreshments and panoramic city views. Additional amenities include complimentary Wi-Fi, a 24-hour business center, and a well-equipped fitness center for all guests. The hotel also features an eforea Spa, offering a range of global spa experiences and locally inspired healing traditions. Each guestroom is equipped with modern conveniences such as an HDTV and a coffeemaker, ensuring a …
Read More »Siddhalepa enters GCC with Sri Lankan authentic indigenous medical treatment and products
The first ever promotion of Sri Lankan Indigenous medical system, `Hela Wedakama` treatment was launched in United Arab Emirates by the leading Sri Lankan traditional Ayurveda company, Siddhalepa Ayurveda at Novotel Hotel, World Trade Center, Dubai. The launch was initiated by Siddhalepa Ayurveda Health Resort as the kick-off session of the awareness campaign of targeted the GCC region. A special promotional campaign is expected its widest reach with the assistance of Sri Lankan Airlines , the travel trade and travel media of the GCC region. The expectation of present international visitor has been expanded beyond the typical holidays and the travelling for medical purpose has become a boom at present. Thus, this initiative entails enormous `healthy` results for the medical-traveller who is exploring on alternative medical treatments. The main presentation of the session was conducted by Ayurveda Ratna, Mr. Asoka Hettigoda the Chairman and Managing Director of Siddhalepa Ayurveda Health Resort (As well as Hettigoda Group of Companies). Mr. Hettigoda explained how Siddhalepa grew from the grass-root level and entered the Switzerland first in 19….. Further, he added presently Siddhalepa has attracted visitors from various parts of the world while exporting its authentic Ayurveda products to more than 40 countries. Siddhalepa Ayurveda Health Resort aided by Siddhalepa Hospital is patronized by the visitors presently not only for their relaxation treatment but also medicament for various body abnormalities. The launch was well attended by about 45 persons comprising Arabian travel trade members and media based on the region. The Arabic travel trade members commended that they are happy to hear about the efforts to promote medical tourism by Siddhalepa this way effectively. Several travel companies added that Sri Lanka should continue …
Read More »Marriott to open Four Points Sheraton in Jeddah with Aleph Hospitality by Q1 2025
Mohammed Abdullah Al Muhanna Hotels Ltd. signed a franchise agreement with Marriott International and a management agreement with Aleph Hospitality to open Four Points by Sheraton Jeddah in Saudi Arabia in the first quarter of 2025. Scheduled to open in the first quarter of 2025, Four Points by Sheraton Jeddah is located in the Rabwah District of Jeddah with excellent connections to every part of the city and just 15 minutes from King Abdul Aziz International Airport. Featuring 112 well-appointed rooms and suites, food and beverage outlets and meeting facilities, the newly built hotel is anticipated to reflect the brand’s promise of ‘travel reinvented’, providing everything that matters most to today’s travellers seeking balance on the road, timeless style and comfort with genuine service. Tariq Dowidar, Vice President Saudi Arabia, Aleph Hospitality said, “I am thrilled that we have been entrusted with the management of the Four Points by Sheraton Jeddah and we look forward to a successful opening. Today, I am also proud to say that this is the second hotel under our management in Saudi Arabia, and the fourth hotel under the Marriott franchise. Our rapid expansion over the past year has made Aleph Hospitality the largest independent hospitality management company in the region.” “This project marks the starting point toward achieving great success in the hospitality sector and we are committed to providing a unique hospitality experience that caters to the needs of visitors from all over the world,” commented Saleh Abdulmohsin Al Sultan, Managing Director, Mohammed Abdullah Al Muhanna Hotels Ltd. “Supporting the ambitious Saudi Vision 2030 has been a key driver for our investment in the hospitality and tourism sector in the Kingdom and we …
Read More »Sofitel announces 70 residences in Downtown Dubai
Sofitel announced 70 residences in Downtown Dubai with 6 exceptional penthouses and 64 residences offering a variety of premium amenities, including a state-of-the-art fitness center, a café, an immersive cinema room, and a health club with a stunning 15-meter swimming pool. Additional services such as 24/7 concierge, valet services, and à la carte options inspired by Sofitel’s French zest like personal chefs, childcare, and in-residence housekeeping are available to ensure that residents enjoy an elevated lifestyle. Located in the iconic Downtown Dubai district, just a stone’s throw from Burj Khalifa and Dubai Mall, Sofitel Residences Downtown Dubai provides unparalleled access to world-class restaurants, cultural attractions, and renowned boutiques. Residents will experience a unique blend of Middle Eastern culture and modern French aesthetics, seamlessly integrated into every living space. “As we celebrate the 60th anniversary of the Sofitel brand throughout 2024, this project marks an exciting new chapter for us, bringing our signature French zest and heartfelt service to the real estate market in Dubai. Sofitel Residences Downtown Dubai will set a new standard in luxury living, offering an unmatched lifestyle experience in one of the city’s most exclusive areas. With Sofitel’s rich heritage and our ongoing commitment to redefining luxury living, this project is the perfect fit for the branded residences market. We are thrilled to welcome future residents to this unparalleled living experience in one of the world’s most vibrant cities.” — Maud Bailly, CEO of Sofitel, Sofitel Legend, MGallery, and Emblems. This new residential development further strengthens Sofitel’s presence in the luxury segment in UAE, targeting the real estate business and diversifying its business lines. Jean-Baptiste Recher, Regional Vice President of Development for Accor’s Luxury Brands based in …
Read More »