Latest news with #hospitability
Al Bawaba
7 days ago
- Business
- Al Bawaba
InterContinental Abu Dhabi Shortlisted for Hotelier Middle East Awards 2025
InterContinental Abu Dhabi is proud to announce its shortlist recognition in three distinguished categories at the upcoming Hotelier Middle East Awards 2025: Hotel Team of the Year – High-End & Luxury, F&B Manager of the Year, and IT Person of the Year. This recognition stands as a celebration of excellence across the region's hospitality nomination for Hotel Team of the Year – High-End & Luxury is a powerful reflection of the hotel's continued momentum, vibrant team culture, and unwavering commitment to delivering exceptional guest experiences. Under the visionary leadership of Sayed Tayoun, Cluster General Manager of InterContinental Abu Dhabi and InterContinental Residences Abu Dhabi, the team has undergone a remarkable transformation—raising service standards, strengthening brand presence, and achieving operational recognition also reflects the hotel's resurgence as a commercial powerhouse, with strong performance across key revenue streams, enhanced guest satisfaction metrics, and revitalised brand equity. Going back to the rich legacy and heritage that established InterContinental Abu Dhabi as one of the capital's most iconic luxury destinations, the team has reignited the spirit of timeless hospitality while embracing the demands of today's modern Tayoun, Cluster General Manager of InterContinental Abu Dhabi and InterContinental Residences Abu Dhabi said: 'This recognition is a tribute to the extraordinary people behind our hotel—individuals who lead with heart, adapt with resilience, and consistently strive for excellence. It's been an incredible journey of growth, and I am beyond proud of what our team has accomplished together.' With a legacy anchored in hospitality excellence, InterContinental Abu Dhabi continues to push boundaries—honouring tradition while embracing innovation. The Hotelier Middle East Awards celebrate outstanding individuals and teams shaping the future of hospitality, making this shortlist recognition a proud milestone in the hotel's ongoing journey. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Bloomberg
08-08-2025
- Business
- Bloomberg
London's Luxury Hotels Have Finally Hit Their Price Ceiling
Until recently, paying upwards of £1,000 ($1,300) for one night in a fancy hotel was starting to feel like an inevitability in London—even if you were happy to settle for a small, entry-level option. Thankfully for consumers, it's now starting to feel like a stretch. With more luxury openings driving up competition and economic uncertainty tamping down demand, London's hotels are recalibrating their prices. The result is the first real deflation in luxury hospitality since the post-Covid 'revenge travel' boom. Take the five-star Raffles at the OWO, which made headlines with its then-unprecedented £1,100 starting price when it opened in 2023. Search for a basic room now, and you might find one available for £880—20% less than its original going rate.
