Tourism & Hospitality | Wednesday 27 April, 2016 3:54 pm

ETIHAD AIRWAYS ANNOUNCES NET PROFIT OF US$ 103 MILLION FOR 2015

Etihad Airways, the national airline of the United Arab Emirates, today announced its strongest annual financial results to date, with a net profit of US$ 103 million on total revenues of US$ 9.02 billion.   The performance, which marked the airline’s fifth consecutive year of net...

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Tourism & Hospitality | Wednesday 27 April, 2016 3:35 pm

Starwood Hotels & Resorts Targets 100 Hotels in Middle East by 2020

From the Arabian Hotel Investment Conference (AHIC) in Dubai, Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it is on track to grow its portfolio in the Middle East to 100 hotels by 2020. This follows five new deal signings that will add over 1,200 rooms in the UAE,...

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Tourism & Hospitality | Wednesday 27 April, 2016 3:17 pm

Etihad Cargo Strengthhnes Middle East Network With Additional Freighter Service

Etihad Cargo, the freight division of the national carrier Etihad Airways, has expanded its Middle East network to Kuwait by adding an additional freighter and introduced a new twice weekly service into Muscat in Oman. The twice weekly A330 freighter service to Kuwait and the new operations on...

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Tourism & Hospitality | Wednesday 27 April, 2016 2:59 pm

6 New Shaza Hotels and expansion plan announced at ATM, AHIC 2016

Independent five-star luxury hotel operator, Shaza Hotels unveiled their forthcoming projects and plans at this year’s editions of the Arabian Travel Market ( ATM; 25th-28thApril) and the Arabian Hotel Investment Conference (AHIC; 26th – 28th April). The first hotel chain to...

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Tourism & Hospitality | Wednesday 27 April, 2016 2:25 pm

HMH – Hospitality Management Holdings To Build on Brand Equity in GCC

With exceptional quality and consistent service as one of the main pillars of HMH vision, the group aims to capture maximum potential market share in the GCC, and specifically the UAE, to create and boost its brand equity.   Laurent A. Voivenel, CEO of HMH, said, "There's no...

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Tourism & Hospitality | Wednesday 27 April, 2016 12:50 pm

Visitors grow 4% during first two days of ATM

Arabian Travel Market (ATM) 2016 is experiencing healthy visitor growth, with a 4% increase in the number of visitors through the doors over days one and two, compared to 2015.   The trade event, which is taking place from 25th to 28th April at Dubai World Trade Centre, is well on track...

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Tourism & Hospitality | Wednesday 27 April, 2016 7:16 am

TIME Hotels and Al Fahd in Saudi hospitality JV

TIME Hotels Management, has signed a joint venture agreement with Saudi-based Al Fahd Investments  (Monday 26 April) on the sidelines of Arabian Travel Market 2016, which is taking part at the Dubai World Trade Centre. Under the terms of the agreement TIME will be given two properties to...

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Tourism & Hospitality | Wednesday 27 April, 2016 6:28 am

Tourism Malasiya Launches New Tourism Campaign For West Asia

Tourism Malaysia’s Deputy Director General (International Promotion) Dato’ Hj. Azizan Noordin officially launched a new advertising campaign for the West Asian market today during a press conference held in conjunction with the Arabian Travel Market (ATM) 2016.   The new...

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Tourism & Hospitality | Wednesday 27 April, 2016 5:19 am

DAMAC Properties Launches Limited Edition Collection of Hotel Spa Villas at AKOYA Oxygen

Luxury real estate developer DAMAC Properties has launched an exclusive collection of hotel spa villas in the heart of the serene AKOYA Oxygen master development.    The hotel spa villas form a community designed to offer the tranquility of a retreat at home, and is set within the...

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Tourism & Hospitality | Wednesday 27 April, 2016 3:55 am

ALBAIK Opens Its Newest Branch at King Abdulaziz International Airport South Terminal

ALBAIK has inaugurated its most recent branch at the King Abdul Aziz International Airport south terminal in Jeddah. Offering the signature ALBAIK chicken and seafood sandwiches, the latest restaurant to open is strategically situated at the terminal’s main entrance serving both departing and ...

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