Middle East Archives - Insights

Holiday Inn brings its innovative Open Lobby to the Middle East for the first time

Holiday Inn, one of IHG Hotels & Resorts’ most iconic brands, is bringing its new design hallmarks to the Middle East for the first time, at the newly opened Holiday Inn Riyadh in Saudi Arabia. The opening marks IHG’s expansion of its mainstream brand portfolio across the Kingdom of Saudi Arabia, in line with the demand created by initiatives under Saudi Vision 2030.

Holiday Inn
Global News

IHG strengthens regional footprint with first voco resort signing in the Middle East and Africa Region

IHG® Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a Management Agreement with Akam Al Rajhi, a joint venture between AkamAlRajhi and Al Rajhi Saudi groups. With this signing, IHG continues to expand their footprint across the MEA region and diversify their portfolio, as part of the company’s ambitious growth strategy.


IDeaS names Michael McCartan to lead growth across Europe, Middle East, and Africa

IDeaS Revenue Solutions, the world’s leading provider of automated revenue management software and services, announced today that Michael McCartan has joined the company as area vice president for Europe, the Middle East, and Africa (EMEA) effective March 2, 2023. McCartan will drive the company’s growth and expansion in one of the hotel industry’s most strategic regions.

Global News

Middle East finishes the year strong with record-high new hotel openings in Q4 2022

According to the Q4 2022 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the quarter, LE analysts report that the hotel construction pipeline in the region stands at 549 projects/143,637 rooms. Hotel development in the Middle East is ramping up as investors begin to see opportunity in the region again. New project announcements (NPA) in the region continued to trend upward throughout 2022, closing the quarter at 67 projects/19,837 rooms and increasing 56% YOY. Additionally, the Middle East had a record number of new hotels open in the fourth quarter, closing out the year with 81 new hotels opened in 2022, accounting for 17,736 rooms.

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