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Last Updated: Wed, Nov 2 2016 | 5:06 AM |
Kuwait's Action Hotels eyes Australian IPO
Travel & Hospitality»

Kuwait's Action Hotels eyes Australian IPO

Monday, 31 October 2016 9:33 AM

Midmarket hotel firms sees strong prospects in Australia while Middle East economy slows

Taking action: Sheikh Mubarak Al Abdullah Al Mubarak Al Sabah
Travel & Hospitality»

Taking action: Sheikh Mubarak Al Abdullah Al Mubarak Al Sabah

Friday, 28 October 2016 12:18 AM

It has been a trying year for Gulf businesses but Kuwait’s midmarket Action Hotels is welcoming once-luxury customers tightening their purse strings. Even so, chairman Sheikh Mubarak Al Abdullah Al Mubarak Al Sabah says he is adopting a frugal attitude to maintain growth

1
Gulf investors close $437m deal for Greek luxury seaside resort
Banking & Finance»

Gulf investors close $437m deal for Greek luxury seaside resort

Thursday, 27 October 2016 5:53 PM

Turkish-Arab fund Jermyn Street agrees sale of a 90% stake in the Astir Palace hotel complex outside Athens

Kuwait's Action Hotels inks deal to build $69m Melbourne hotel 
Travel & Hospitality»

Kuwait's Action Hotels inks deal to build $69m Melbourne hotel 

Thursday, 20 October 2016 1:51 PM

Hotel at at Melbourne Convention and Exhibition Centre will be operator's second largest with 317 rooms

Four Seasons, Alshaya ink deal for new luxury Kuwait hotel
Travel & Hospitality»

Four Seasons, Alshaya ink deal for new luxury Kuwait hotel

Monday, 17 October 2016 1:57 PM

Four Seasons Hotel Kuwait at Burj Alshaya will open in early 2017; part of Alshaya’s Burj Alshaya mixed-use development

Kuwait raises minimum salary requirement to nearly $1,000 for visit visas
Politics & Economics»

Kuwait raises minimum salary requirement to nearly $1,000 for visit visas

Monday, 17 October 2016 12:44 PM

New measures prevent parents over 50 years old to be granted a visit visa

Mandatory health insurance scheme to apply to all Kuwait visitors
Politics & Economics»

Mandatory health insurance scheme to apply to all Kuwait visitors

Monday, 3 October 2016 2:07 PM

New plan will apply to all tourists including those notified to leave the country

Marriott deal approval doubles hotel giant's business in Middle East and Africa
GCC»

Marriott deal approval doubles hotel giant's business in Middle East and Africa

Friday, 23 September 2016 8:35 AM

CEO Arne Sorenson says acquisition of Starwood means Marriott now has "real scale" in the region

1
Kuwait tells citizens to check phones before travelling to US
Travel & Hospitality»

Kuwait tells citizens to check phones before travelling to US

Saturday, 3 September 2016 1:31 PM

Kuwaiti embassy in Washington issues statement regarding phone content that might be seen as being linked to Islamist militants

Eid al-Fitr boosts occupancy, revenues for Dubai hotels in July
Travel & Hospitality»

Eid al-Fitr boosts occupancy, revenues for Dubai hotels in July

Friday, 26 August 2016 1:06 AM

Latest STR data shows occupancy jumps 17.6% while RevPAR rises 7.5%, bucking recent trend of declines

Dubai hotel profits nosedive in June as demand eases
Travel & Hospitality»

Dubai hotel profits nosedive in June as demand eases

Tuesday, 9 August 2016 7:04 PM

Hotels in Riyadh and Kuwait also struggle to halt sliding rates and revenues as summer temperatures kick in

Gulf hotels continue to see rates, revenues slump in April
Travel & Hospitality»

Gulf hotels continue to see rates, revenues slump in April

Friday, 10 June 2016 12:05 AM

STR Global data shows hotels in Abu Dhabi, Saudi Arabia and Kuwait all post decreases in key performance metrics

Abu Dhabi's ADFG arranges financing for Palm Jumeirah project
Banking & Finance»

Abu Dhabi's ADFG arranges financing for Palm Jumeirah project

Saturday, 28 May 2016 12:03 AM

Abu Dhabi Financial Group provides debt facility for IFA's Balqis Residence development in Dubai

Hotel operator Yotel breaks ground on first MidEast project
Travel & Hospitality»

Hotel operator Yotel breaks ground on first MidEast project

Monday, 23 May 2016 1:45 PM

Hospitality brand has signed a long-term agreement with Dubai Investment Properties to operate hotel in Dubai

Kuwait announces tourism push in bid to diversify its economy
Politics & Economics»

Kuwait announces tourism push in bid to diversify its economy

Wednesday, 30 March 2016 12:43 PM

Senior official says Gulf state will set up a Supreme Commission for Tourism


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