Four Seasons Hotels and Resorts and Alshaya, a leading international retail franchise operator, today announced plans for a Four Seasons hotel in Kuwait. Located in downtown Kuwait City, Four Seasons Hotel Kuwait at Burj Alshaya will open in early 2017 as part of Alshaya's new Burj Alshaya mixed-use development.
Amidst general spending cuts there is increased evidence of continued government investment in Abu Dhabi's mega tourism projects and overall positive demand in the hospitality market.
Jumeirah Group, the Dubai-based luxury hotel company and a member of Dubai Holding, has made a number of internal changes to its management team in order to strengthen its regional capabilities and support the brand's continued commitment to growth.
STR analysts attribute the markets overall performance declines to supply growth substantially outpacing demand.