Hotel brands are increasingly open to the idea of contracting out restaurant management and food and beverage services to specialised service providers, the 10th annual Arabian Hotel Investment Conference (AHIC) at Dubai’s Madinat Jumeirah was told this morning. “Using third-party food and…
Tag: hotel
Khalaf Al Habtoor tells AHIC financing Dubai’s projects not an issue; foresees high growth for 15 years
Chairman of Dubai’s Al Habtoor Group Khalaf Al Habtoor told the Arabian Hotel Investment Conference (AHIC) in Dubai’s Madinat Jumeirah today that he did not expect there will be problems in finding the finance Dubai needs for projects to be…
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,”…
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…
BofA Merrill Lynch says Dubai could have capacity to borrow for Expo 2020
The government of Dubai is on track to create capacity for additional sovereign borrowing to finance World Expo 2020 projects, according to a report issued by BofA Merrill Lynch this week. “The bulk of the Expo 2020-related capex is set…