AHIC told boutique, lifestyle and 2-4 star hotels are opportunities in GCC

Lifestyle, boutique and two-four star hotels are areas of opportunity in the GCC hospitality industry, Roya International Group chief executive Ahmed Ramadan told the 10th Arabian Hotel Investment Conference (AHIC) this afternoon.

“The greatest potential is in two-three star hotels,” Ramadan said. “Dubai needs more boutique hotels and more highly-segemented hotels.”

Ramadan said that the Saudi Arabian market has great potential. “We are also very busy in Dubai,” Ramadan said.”

AHIC is organised by Bench Events and MEED.