Tag: Accor
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Accor announces record growth and strategic expansion for Sofitel: Sofitel Legend, MGallery and Emblems
Paris, France, January 16 2025: With about 120 Sofitel properties, more than 120 boutique hotels under MGallery, and a growing portfolio of Emblems’ bespoke destinations, THE GROUP reportS a record growth IN 2024 WITH close to 90 HOTELS SIGNED IN THE PIPELINE TO BE OPENED IN THE COMING YEARS UNDER THOSE MAGNIFICENT BRANDS. As Sofitel…
Opinion: By Mohamad Salman
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UAE Real Estate Between Market Freedom and Developers’ Race for Profits
By Mohammad Salman, Editor-in-Chief The UAE has succeeded over the past years in building one of the most active and attractive real estate markets in the world. Regulations have evolved, registration procedures have become easier, foreign investment has expanded, and investor confidence has grown significantly. In Dubai alone, the value of real estate transactions in the first quarter of 2026 reached around AED 252 billion, up 31% year on year, according to the Dubai Land Department. That figure reflects the strength of the market, the scale of liquidity, and the confidence the emirate has managed to attract. Abu Dhabi has…
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