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Middle East & Africa

RCI To Lead The Debate At Upcoming 2010 Arabian Hotel Investment Conference (AHIC)

Apr 6th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Associations and Events, Exchange Companies, Middle East & Africa

PARSIPPANY, NJ (April 6, 2010) – RCI, the global leader in vacation exchange and one of the Wyndham Worldwide family of brands (NYSE: WYN), will partner with Middle East Economic Digest (MEED) and Bench Events, organizers of AHIC, to host industry leaders at the 2010 Middle East Shared Ownership Summit.
The Shared Ownership Summit is part of [...]



Egypt Tourism Report Q2 2010 – New Market Report Published

Mar 26th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Industry Reports, Middle East & Africa

LONDON, ENGLAND (March 26, 2010) — Tourism Overview
The tourism sector appears to have emerged from the relatively sharp downturn that occurred in the first nine months of 2009. Official data show that foreign tourist arrivals declined by 2.3% year-on-year (y-oy) in 2009 to an estimated 12.4mn people. This is better than was generally [...]



Interval International Signs Emirates Vacation Club

Mar 14th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Destination Clubs, Fractional, PRCs, Condo Hotels, Middle East & Africa, New Affiliations

MIAMI, FL (March 14, 2010) — Interval International, a prominent worldwide provider of vacation services and an operating segment of Interval Leisure Group, Inc., has announced the affiliation of Emirates Vacation Club, a private residence club in the heart of Dubai, one of the seven emirates of the United Arab Emirates (UAE).
The Emirates Vacation Club’s [...]



IFA Hotels & Resorts Launches Two New Products in Laguna Tower

Feb 27th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Destination Clubs, Fractional, PRCs, Condo Hotels, Middle East & Africa

Loft Apartments and Private Residence Club Complete Tower’s Mixed-Use Offering
Dubai (Feb. 27, 2010) — IFA Hotels & Resorts (IFA HR) has announced the launch of furnished, freehold loft and duplex apartments and the addition of a luxurious Private Residence Club to its Laguna Tower in Dubai. Both products will be serviced and managed by the [...]



IFA Hotels & Resorts reports 11.4 Fils loss in First half Year

Feb 15th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Finance, Middle East & Africa

KUWAIT (Feb. 15, 2010) — (IFA HR) today announced the company’s 1st half year results with a loss of KD 4,968,422 million (US$ 17,372,712 million). Shareholders’ equity of KD 66,129,532 million (US$ 231,230,225 million) compared to KD 66,893,521 million (US$ 244,851,834 million) for the same period last year. The company’s total assets have increased [...]



Porto Vacation Club with Three Resorts in Egypt Selects Interval International

Feb 2nd, 2010 | By Admin | Category: ALL NEWS HEADLINES, Exchange Companies, Middle East & Africa, New Affiliations

Miami, FL (Feb. 2, 2010) — Interval International, a leading global provider of vacation services and an operating segment of Interval Leisure Group (Nasdaq: IILG), is proud to welcome Porto Vacation Club to its exchange network. The vacation club initially will consist of units at Porto Marina, an exclusive, multi-use resort on Egypt’s Mediterranean coast, [...]



Cyprus Investment Festival to Launch in Qatar

Nov 17th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Associations and Events, Destination Clubs, Fractional, PRCs, Condo Hotels, Middle East & Africa

Nicosia, Cyprus, November 17, 2009– In a changing world, ignoring new potential markets is not the smartest strategy.
If one pays any attention to people like Albert Einstein, they might remember to consider his words of wisdom when he said… “the definition of insanity is repeating the same processes over and over again, and expecting new [...]



Interval International Adds Dubai’s Royal Club at Bonnington Tower to Its Quality Exchange Network

Nov 10th, 2009 | By Admin | Category: ALL NEWS HEADLINES, Exchange Companies, Middle East & Africa, New Affiliations

Joins Sold-out Royal Club at Palm-Jumeirah and Royal Club at Downtown Dubai
LONDON, Nov. 11, 2009 — Interval International, a leading global provider of vacation services and an operating segment of Interval Leisure Group (Nasdaq:IILG), today announced the affiliation of Royal Club at Bonnington Tower in Dubai. The 40-story, five-star Bonnington Tower is located in the [...]



Gardenia Resort Joins Interval International’s Quality Vacation Exchange Network

Nov 3rd, 2009 | By Admin | Category: ALL NEWS HEADLINES, Exchange Companies, Middle East & Africa, New Affiliations

LONDON, Nov. 3, 2009 — Interval International, a leading global provider of vacation services and an operating segment of Interval Leisure Group (Nasdaq:IILG), has announced the affiliation of Gardenia Resort, located in the holiday town of Hurghada on Egypt’s famed “Red Sea Riviera.”
“Today, we’re seeing that Egypt in general and the Red Sea in particular [...]