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By Nishang Narayan
Published on October 14, 2024
Taiba Investments, a leader in Saudi hospitality and real estate, has announced a strategic partnership with Hilton (NYSE: HLT) to bring the renowned Waldorf Astoria Hotels & Resorts brand to the holy city of Madinah. The agreement was signed during the Future Hospitality Summit (FHS) in Dubai, emphasizing Taiba Investments' ongoing expansion into the luxury hospitality market. This collaboration aims to elevate Saudi Arabia's tourism sector through partnerships with world-class hospitality brands like Hilton.
“This agreement marks a pivotal moment in our strategic growth, reflecting our unwavering commitment to enhancing Saudi Arabia’s hospitality offering across diverse segments,” stated Sultan Al Otaibi, CEO of Taiba Investments. “Our collaboration with Hilton and Waldorf Astoria Hotels & Resorts will elevate tourism and hospitality by delivering an extraordinary guest experience in line with the ‘Pilgrim Experience Program.’ This project not only reaffirms our leadership in the sector but also highlights our dedication to Saudi Vision 2030 by providing world-class accommodation that honors the Kingdom’s rich heritage.”
Set to open in 2028, Waldorf Astoria Al Madinah will be the brand’s debut in the city, introducing its unparalleled standards of luxury and signature service. Ideally located on the northern side of the Prophet’s Mosque (PBUH), the hotel offers exclusive, direct views of this holy site and is just a few minutes’ walk away.
“We are delighted to extend our partnership with Taiba Investments through this remarkable project,” remarked Carlos Khneisser, Vice President of Development, Middle East and Africa at Hilton. “Saudi Arabia remains one of our fastest-growing markets where we plan to expand our footprint to exceed 100 hotels in the coming years. Waldorf Astoria Al Madinah will bring the brand’s timeless hospitality and elegant service near one of the world’s most sacred sites. Together with Taiba, we look forward to expanding our network across the Kingdom and delivering unforgettable experiences to our guests.”
Waldorf Astoria Al Madinah will feature over 300 sophisticated guest rooms and suites, three world-class dining concepts—including the celebrated Peacock Alley café—and two thoughtfully curated restaurants, including a signature venue. The hotel will also house two multi-functional halls, a boardroom, a private club lounge, a prayer room, and a fitness center.
By pioneering transformative projects, Taiba Investments aims to significantly contribute to local economic growth, generate valuable job opportunities, and support tourism infrastructure development, all while delivering an experience deeply rooted in tradition.
As part of this strategy, Taiba Investments plans to renovate the existing Taiba Front Hotel, rebranding it as Waldorf Astoria Al Madinah. This transformation will merge the global brand’s timeless luxury with the cultural essence of the holy city, enhancing the property’s sophistication and exclusivity while solidifying Taiba’s position as a key player in redefining Madinah’s hospitality landscape.
Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 24 world-class brands comprising more than 8,000 properties and over 1.2 million rooms in 126 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed over 3 billion guests in its more than 100-year history.
Waldorf Astoria Hotels & Resorts is an award-winning portfolio of 35 iconic properties that deliver a unique sense of place with a commitment to sincerely elegant service and culinary mastery in landmark destinations worldwide.
Taiba Investments Co. (TASI: 4090), established in 1988, is a leading hospitality and real estate company headquartered in Saudi Arabia, managing a portfolio of 39 properties, including hotels and residential communities.
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By Manu Vardhan Kannan
Published on May 29, 2026
Spice Route Restaurant & Catering has announced the appointment of Amit Prakash as its new Business Operations Specialist, further strengthening the restaurant’s leadership team with extensive international hospitality and operational experience.
With close to 18 years of experience across India, Canada, and New Zealand, Amit Prakash has built strong expertise in restaurant operations, culinary management, guest relations, and team leadership. His appointment reflects Spice Route Restaurant & Catering’s continued focus on operational excellence while delivering authentic culinary experiences and premium hospitality services in New Jersey.
Before joining Spice Route Restaurant & Catering, Amit served as Restaurant Manager at Khazana Indian Restaurant. In this role, he contributed to improving operational systems, enhancing guest satisfaction, and maintaining high service standards, while supporting the restaurant’s smooth day-to-day operations.
Over the years, Amit has worked with several well-known hospitality brands including Punjab Grill Restaurant, WE Restaurant & Bar, Columbus Coffee, Cafe Espressoholic, Chandnee Contemporary Indian Cuisine Restaurant, and The Oberoi. His experience spans Modern Indian cuisine, restaurant administration, food quality management, staff training, and multi-cuisine operations.
During his time at Punjab Grill Restaurant as Senior Sous Chef, Amit worked closely with the Executive Chef to introduce innovative fusion dishes inspired by North Indian cuisine. He also managed a kitchen brigade of more than 40 team members while ensuring high standards of food safety, hygiene, and quality control.
As Executive Chef at WE Restaurant & Bar, he expanded the restaurant’s culinary offerings by introducing Indian, Chinese, Japanese, and Middle Eastern cuisine concepts. He also oversaw kitchen operations and operational compliance across departments.
Amit further gained international operational experience at Columbus Coffee in New Zealand, where he worked as Head Chef & Café Manager. His responsibilities included operations management, inventory control, SOP implementation, and employee training and development.
In his new role at Spice Route Restaurant & Catering, Amit Prakash will oversee business operations, process optimization, vendor coordination, customer service standards, staff supervision, and strategic growth initiatives to further strengthen the brand’s presence in New Jersey’s hospitality market.
By Hariharan U
Published on May 26, 2026
PRISM, the parent company of OYO, has expanded its U.S. extended-stay footprint with the launch of 38 new hotels under the Studio 6 brand operated through G6 Hospitality.
The portfolio spans major gateway cities such as New York, Dallas, Houston, and Phoenix, along with business hubs including Charlotte, St Louis, Richmond, and Indianapolis. It also includes leisure-focused destinations like Las Vegas and suburban markets such as Oakland, Greenville, and Pasadena.
The Studio 6 brand focuses on extended-stay accommodations designed for guests staying several days to weeks. The properties typically offer kitchenettes, workspaces, laundry facilities, high-speed internet, and flexible housekeeping services, catering to corporate travellers, relocating families, and project-based professionals.
Each hotel features approximately 100–120 rooms, a configuration that supports operational efficiency while serving consistent long-stay demand. PRISM is positioning the segment as a high-efficiency hospitality model, driven by lower turnover costs, reduced housekeeping frequency, and improved occupancy stability.
The company has stated that the expansion is part of its broader strategy to transition from a domestic hospitality platform to a globally scaled operator, leveraging India-built technology, AI systems, and revenue management tools across its international portfolio.
Speaking on the development, PRISM, the parent company of OYO, has expanded its U.S. extended-stay footprint with the launch of 38 new hotels under the Studio 6 brand operated through G6 Hospitality.
Speaking on the development, Ritesh Agarwal said the U.S. market is witnessing a structural shift toward longer-duration stays driven by corporate assignments, medical travel, construction projects, and temporary relocations. He added that the expansion aims to deliver a tech-enabled, operations-first hospitality model focused on consistency and affordability.
The latest rollout follows PRISM’s approximately $525 million acquisition of G6 Hospitality and builds on earlier phases that included eight initial hotel openings, followed by 30 additional properties in the current expansion cycle.
The move highlights growing momentum in the U.S. extended-stay segment, which continues to attract investor interest due to stable demand patterns and efficient operating economics.
said the U.S. market is witnessing a structural shift toward longer-duration stays driven by corporate assignments, medical travel, construction projects, and temporary relocations. He added that the expansion aims to deliver a tech-enabled, operations-first hospitality model focused on consistency and affordability.
Saudia has announced the induction of its first Airbus A321XLR, becoming the first airline in the Middle East and Africa region to operate the new-generation long-range narrow-body aircraft.
The delivery marks a significant step in Saudia’s ongoing fleet modernisation programme, aimed at improving operational efficiency, expanding international connectivity, and enhancing overall passenger experience. With a range of up to 8,700 kilometres and flight endurance of around nine hours, the aircraft allows the airline to operate longer routes using a more efficient narrow-body configuration.
The aircraft also debuts “The New Saudia Experience,” the airline’s refreshed onboard product focused on comfort, connectivity, entertainment, dining, and service consistency. The cabin features 24 Business Class suites designed for privacy and premium comfort, along with 120 Economy Class seats equipped with larger personal screens and charging ports.
High-speed inflight connectivity will enable passengers to browse, stream content, and attend virtual meetings during flights. Business Class travellers will also benefit from an enhanced dining experience, including chef-curated menus featuring Saudi and international cuisine.
Speaking on the milestone, Ibrahim Al-Omar said the delivery reflects the airline’s broader transformation strategy, focusing not only on capacity expansion but also on elevating product quality and operational performance in line with national aviation ambitions.
The aircraft induction is part of Saudia Group’s wider order of 105 Airbus aircraft, which is also expected to generate economic value through local supplier development and integration into global aviation supply chains.
Saudia is scheduled to add 15 Airbus A321XLR aircraft by 2027 as part of its expansion roadmap, supporting network growth across tourism, business travel, pilgrimage, and major international events aligned with Saudi Arabia’s Vision 2030.
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