• Magazine Archive
  • Advertise With Us
  • Subscribe
  • Contact Us
Friday, March 31, 2023
  • Login
Hotel News ME
  • Hotels
  • Catering
  • Reviews
  • Suppliers
  • People
  • Videos
  • Events
    • GM Leaders Conference
      • Conference 2022
      • Conference 2020
    • Leaders in Hospitality Awards
      • Awards 2023
      • KSA Awards 2023
      • Awards 2022
      • Awards 2021
    • Leaders in F&B Awards
      • Awards 2022
      • Awards 2021
      • Awards 2019
    • F&B Leaders Conference
    • The Big Night Life Awards
    • Executive Housekeepers Conference
  • Powerlist
    • F&B ALL-STARS 30
    • Hospitality Heavyweights 30
No Result
View All Result
Hotel News ME
  • Hotels
  • Catering
  • Reviews
  • Suppliers
  • People
  • Videos
  • Events
    • GM Leaders Conference
      • Conference 2022
      • Conference 2020
    • Leaders in Hospitality Awards
      • Awards 2023
      • KSA Awards 2023
      • Awards 2022
      • Awards 2021
    • Leaders in F&B Awards
      • Awards 2022
      • Awards 2021
      • Awards 2019
    • F&B Leaders Conference
    • The Big Night Life Awards
    • Executive Housekeepers Conference
  • Powerlist
    • F&B ALL-STARS 30
    • Hospitality Heavyweights 30
No Result
View All Result
Hotel News ME
No Result
View All Result
Home Hotel News ME

Ascott to open two new hotels in Saudi Arabia

Patrick Ryan by Patrick Ryan
April 24, 2018
in Hotel News ME, News
A A

The Ascott Limited (Ascott) has announced the opening of two properties in Saudi Arabia later this year – Ascott Corniche Al Khobar and Spectrums Residence Jeddah.

Spectrums Residence Jeddah
Spectrums Residence Jeddah

Vincent Miccolis Ascott’s Regional GM for the Middle East, Africa and Turkey, said: “This is an incredibly exciting move for the business and a stepping stone into one of the largest continents for growth opportunity.  Our venture into Africa stretches the global reach of Ascott to all continents, which is a major milestone for us.

“These exciting expansion plans follow an excellent year of growth in 2017, where The Ascott Limited increased its global portfolio from just over 51,000 units to nearly 70,000 units, through investments, management contracts and franchises.  While we aim to reach 80,000 units by 2020, we’re looking even further into the future, and target to double our portfolio to 160,000 units by 2023.”

The company’s first entry into Africa will see the opening of Kwarleyz Residence Accra in the capital city of Ghana in Q4 this year, ahead of Ascott 1 Oxford Street Accra in mid-2019. World Travel & Tourism Council forecasts Ghana’s tourism industry to expand 5.1% annually through to 2027, from a contribution to GDP of 7.1% in 2016.

Tags: ascottGCCHotel News Middle EastSaudi Arabiauae

Related Posts

WYNDHAM REWARDS CELEBRATES 100 MILLION MEMBER MILESTONE WITH MONTH OF STACKABLE DEALS
Hospitality Insights

WYNDHAM REWARDS CELEBRATES 100 MILLION MEMBER MILESTONE WITH MONTH OF STACKABLE DEALS

March 30, 2023
THE BIRDCAGE ANNOUNCES THE APPOINTMENT OF NEW GENERAL MANAGER, HERBERT JONES
Appointments

THE BIRDCAGE ANNOUNCES THE APPOINTMENT OF NEW GENERAL MANAGER, HERBERT JONES

March 30, 2023
ACCOR APPOINTS PAUL STEVENS AS CHIEF OPERATING OFFICER, MIDDLE EAST, TURKEY AND AFRICA
Appointments

ACCOR APPOINTS PAUL STEVENS AS CHIEF OPERATING OFFICER, MIDDLE EAST, TURKEY AND AFRICA

March 29, 2023

Trending

CELEBRATE EASTER IN STYLE AND INDULGE IN A DELIGHTFUL AFTERNOON TEA AT ADDRESS FOUNTAIN VIEWS
F&B

CELEBRATE EASTER IN STYLE AND INDULGE IN A DELIGHTFUL AFTERNOON TEA AT ADDRESS FOUNTAIN VIEWS

by admin
March 30, 2023

Read more
GLOW UP AT REFIVE SPA, FIVE PALM JUMEIRAH
Hospitality Insights

GLOW UP AT REFIVE SPA, FIVE PALM JUMEIRAH

by HCNME Digital Editor
March 30, 2023

Read more
INDULGE IN FLAVOURSOME RAMADAN DISHES AT SOFITEL DUBAI THE PALM
F&B

INDULGE IN FLAVOURSOME RAMADAN DISHES AT SOFITEL DUBAI THE PALM

by HCNME Digital Editor
March 30, 2023

Read more

Digital Magazine

Hotel News ME

Copyright © 2022
BNC Publishing. All Rights Reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

No Result
View All Result
  • Hotels
  • Catering
  • Reviews
  • Suppliers
  • People
  • Videos
  • Events
    • GM Leaders Conference
      • Conference 2022
      • Conference 2020
    • Leaders in Hospitality Awards
      • Awards 2023
      • KSA Awards 2023
      • Awards 2022
      • Awards 2021
    • Leaders in F&B Awards
      • Awards 2022
      • Awards 2021
      • Awards 2019
    • F&B Leaders Conference
    • The Big Night Life Awards
    • Executive Housekeepers Conference
  • Powerlist
    • F&B ALL-STARS 30
    • Hospitality Heavyweights 30

Copyright © 2022
BNC Publishing. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In