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,”…
Tag: AHIC
AHIC told GCC mega-events should be symbols of future change
World Expo 2020 and the FIFA World Cup in Qatar in 2020 should become inspiring symbols of positive future change in the GCC, the 10th annual Arabian Hotel Investment Conference (AHIC) was told this afternoon. “This part of the world is…
Emirates NBD economist tells AHIC the UAE, Saudi Arabia and Oman are key ME tourism markets
Emirates NBD MENA research head Khatija Haque told the Arabian Hotel Investment Conference today that the UAE, Saudi Arabia and Oman offer the substantial potential for rapid tourism and hospitality industry growth. “For a country looking for job creation, tourism…
King Abdullah Economic City CEO tells AHIC that Saudi tourism will boom in years to 2020
King Abdullah Economic City chief executive officer Fahd Al Rasheed told the Arabian Hotel Investment Conference (AHIC) this afternoon that the hotel and tourism industry will boom in Saudi Arabia in the next decade. “We estimate the kingdom’s tourism market…
AHIC 2014 gets off to a strong start with heavy attendance at networking roundtables
AHIC 2014 gets off to a strong start with heavy attendance at networking roundtables More than 200 delegates at the 10th Arabian Hotel Investment Conference (AHIC) attended the initial roundtable networking event during the conference’s opening session this morning at…
Up to 600 expected to attend 10th AHIC today
Up to 600 delegates, guests and speakers are expected at the opening session of the 10th annual Arabian Hotel Investment Conference (AHIC) which begins in Dubai’s Madinat Jumeirah today. Features of AHIC’s first day will include: • The presentation of…
Abu Dhabi hotel rates squeezed by competition, JLL reports
More than 3,000 extra hotel rooms are due to enter the Abu Dhabi market by the end of 2016, according to a new report by property consultants JLL. This will intensify pressure on room rates. According to the Abu Dhabi Tourism…