Hotel valuation index Middle East 2019
HVS Dubai has released its first issue of the Hotel Valuation Index (HVI) for select markets in the Middle East (ME). The HVS Hotel Valuation Index has established itself as a leading publication in the US, Europe, Africa and Asia for over a decade and are thrilled to share the regional HVI, which provides further insight on regional values and investment opportunities
Lebanon’s tourists arrivals grew by four percent y-o-y in Q1 2019
According to the latest data by Global Blue, globe shopper spending increased by 12 percent in Q1. Saudi tourists represent 15 percent of the total tourist spending, with an increase of 45 percent versus prior year.
The first Hyatt-branded hotel in Algeria opens
Located at Houari Boumediene Airport in Algiers, the 320-room hotel is the only hotel linked to the terminal with a stress-free connection for travelers.
Over 30 Accor Hotels coming to Egypt in the next four years
Mark Willis, chief executive officer Middle East and Africa Mark Willis said: “Egypt is resurrecting after 10 years of a tough situation.”
