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Oman is set to open 9,600 hotel rooms by 2030 as the country’shospitality sector enters a new era, according to new insight andanalysis from Cavendish Maxwell.The report said that the upcoming keys will boost Oman’s existinginventory of 36,000 rooms by more than 25 percent, revenues will riseto RO141.2 million – up 18% year-on-year, and hotel jobs by nearly 5%to 10,800 […]

Oman plans to open 9,600 new hotel rooms by 2030, with 2,600 due for completion by the end of 2025, according to real estate advisory group Cavendish Maxwell. The expansion will increase the country’s existing inventory of 36,000 rooms by more than 25 per cent. Revenue from 3-5 star hotels reached OMR141.2 million (US$367 million) in the first half of […]

Dubai: Oman is set to add 9,600 new hotel rooms by 2030, expanding its existing inventory of about 36,000 keys by more than 25%, as its hospitality sector eyes a new growth era. According to the latest Cavendish Maxwell report, revenues from 3- to 5-star hotels increased to OMR 141.2 million in the first half of 2025, a 18% rise year-over-year, driving […]

Muscat, Oman – Oman is set to open 9,600 new hotel rooms between now and 2030, with 2,600 scheduled for completion by the end of 2025, says leading real estate advisory group and property consultant, Cavendish Maxwell. The upcoming keys will boost Oman’s existing inventory of 36,000 rooms by more than 25%, the company said. Cavendish Maxwell’s latest Oman Hospitality Market […]

Riyadh’s residential property market is surging at an unprecedented pace, with sales values in the first half of this year climbing 63 per cent year-on-year to SAR 65.7 billion ($17.5 billion), according to Cavendish Maxwell’s latest KSA Residential Market Performance report. The Saudi capital recorded more than 35,600 transactions between January and June, around 10 per cent higher than the […]

Residential real estate sales values in Saudi Arabia’s capital, Riyadh, have surged 63 percent year-on-year to SAR65.7 billion ($17.5 billion). The city recorded 35,600 sales transactions in H1 2025, an increase of 10 percent on the same period in 2024. In Jeddah, sales values between January and June this year reached SAR18.3 billion ($4.9 billion), up 34 percent on last […]

Residential property sales values in Saudi Arabia’s capital, Riyadh, surged 63 per cent year-on-year to SR65.7bn ($17.5bn) in H1 2025, according to new research by Cavendish Maxwell. The city recorded 35,600 transactions, up 10 per cent compared with the same period in 2024. In Jeddah, sales values between January and June reached SR18.3bn ($4.9bn), a 34 per cent increase year-on-year. Transaction […]

Official figures show that real estate transactions in the capital have already surpassed Dh61.1 billion so far this year through more than 16,800 deals, underscoring the resilience of the emirate’s housing sector. The DARI platform, Abu Dhabi’s official digital real estate ecosystem, revealed that property sales accounted for Dh34.9 billion across 9,210 transactions, while mortgages added Dh23.1 billion through 7,399 […]

Dubai: Dubai’s hospitality sector may have entered a new era of growth, but it has definitely gotten a tad more expensive. The average daily rate (ADR) across Dubai’s hotels and resorts has topped Dh745, up 5.5 per cent on the same period last year, said a new Cavendish Maxwell report. Moreover, as peak travel season approaches, 5,000 rooms across 19 new […]

Hotel occupancy levels across Dubai reached more than 81 per cent – up 4.5 per cent year-on-year- with the number of international visitors climbing 6.1 per cent to almost 10 million between January and June 2025, according to new research and insight from leading real estate advisory group, Cavendish Maxwell. Cavendish Maxwell’s H1 2025 Dubai hospitality sector market performance analysis […]