HVS is pleased to share the Hospitality GCC- Hotel Owner & Investor Survey. Despite the challenges and uncertainty, there will be better times and the hospitality and travel market will eventually come out stronger. The future winners are those that will create an ecosystem that is built on ethical principles and promotes a behavior that reflects a good corporate citizenship. Finally a strong risk mitigation approach, flexibility and innovation will remain key traits of successful organization
The Middle East Hotel Survey 2011 includes 352 hotels and some 93,500 hotel rooms (an increase of 36% on last year) across 52 cities in the Middle East, making it one of the most reliable benchmarking surveys in the region.
We attempt to provide a guideline of “maximum supportable hotel investments” across Middle East and North Africa, reflecting current hotel market dynamics for the cities addressed.
Abu Dhabi is being forged into a global destination for business, culture and leisure. Current global economic conditions seem to be striking just when the iron is hot.
An overview of the Abu Dhabi market
This Country Snapshot provides an overview of the recent historic hotel performance in both emirates together with research on new supply. This article and the research for it, was completed in April 2007.
This Country Snapshot provides an overview of the recent historic hotel performance in both emirates together with research on new supply. This article and the research for it was completed in April 2007.