Hotel News

Ikhlass will oversee initiatives across MICE, corporate, and leisure markets, deepening the property’s market penetration.

Notable property openings include Novotel New Delhi City Centre, Pullman Hai Phong Grand Hotel in Vietnam, and TRIBE Phuket Patong in Thailand.

The group has set an ambitious goal to reach 500 hotels by 2030, deepening its presence in fast-growing urban and leisure markets.

Operating under a 25-year usufruct agreement on land owned by Sharkia National Food Company, the initiative supports Egypt’s food security goals by expanding national storage capacity and enhancing supply chain efficiency crucial for restaurants, hotels, and catering services.

Overall, Hilton’s efforts align closely with Saudi Vision 2030, supporting tourism growth, job creation, and enhanced hospitality offerings across the Kingdom, where Hilton currently operates 21 hotels and has 83 more in the pipeline.

This new hotel marks Aleph Hospitality’s fifth managed property in Kenya, emphasizing its commitment to operational excellence and growth in the East African market.

The new Bahrain venture offers comprehensive, turnkey outsourcing, covering staffing from executive housekeepers to room attendants, alongside supervision, training, supplies, and equipment.

The three hotels will include the Waldorf Astoria Muscat Al Husn, Hilton Muscat Al Bandar, and DoubleTree by Hilton Muscat Al Waha.

IHG expanded its hotel portfolio significantly during the quarter, adding 14,500 rooms across 99 hotels globally, a 17% year-over-year increase, contributing to total gross system size growth of 7.2%.

In his new role, Damico will lead Ascent’s next stage of growth and modernization. He plans to explore acquiring additional restaurant brands that align with Ascent’s portfolio, growth strategy, vision, and values.