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FINANCIAL NEWS
ME, Africa to launch 141 hotels in 2014
20 Apr 2013
(MENAFN) STR Global stated that in 2014, 141 hotels will be launched in the Middle East and Africa region, with 30,924 rooms, reported Arabian Business.
The company added that during the current year, 133 hotels are projected to be opened in the region, noting that in the first quarter of 2013, the region welcomed 11 hotels, with 1,683 rooms.
In the rest of the year, the region will add 34,931 rooms.
Meanwhile, during the coming year, 11,269 rooms are expected to be launched in the Upper Upscale segment, while 6,186 rooms will be opened in the Luxury segment and 5,909 rooms will be launched in the Upscale segment.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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