Travel disruption wipes out Middle East hotel demand
The Iran conflict is sharply reducing hotel demand across the Middle East, driving a rapid downturn in Gulf hospitality performance.
06 May 2026
06 May 2026
The Iran conflict is sharply reducing hotel demand across the Middle East, driving a rapid downturn in Gulf hospitality performance.
The property’s on-site facilities include Café Moran, The Allegory Bar with a terrace, a pool, and meeting spaces.
Toast’s new partnership aims to streamline payment and technology operations at select Preferred Hotels & Resorts properties.
The hotel will resume operations in mid-2026 after phased renovations, ahead of its reopening under the LXR brand in 2027.
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