A region ripe for industry investment: experts share their insights
The Middle East’s vibrant hospitality landscape and its opportunities for both investors and project developers will undoubtedly be high on the agenda at Future Hospitality Summit (FHS) World, a key, three-day industry event for the region which opens in Dubai on September 30, 2024. Jonathan Worsley, chairman of The Bench, FHS World’s organizers, caught up with three industry leaders ahead of the summit to get their take on the openings for investors, the challenges and everything in between.
Firms foundations and strong fundamentals
Robust project pipelines, strong sentiment and long-term growth strategies look set to continue driving a sound recovery across the region, although financing and construction headwinds remain disruptive forces in the market. Amr El Nady, head of hotels and hospitality MEA and executive vice president, Global Hotel Desk – JLL, charts the hospitality investment landscape, while also highlighting new market opportunities.
Forecasting 2023 with 11 hospitality experts
As 2022 draws to a close, 11 hospitality contributors unpack the past and share their predictions for the coming year. Here’s what they said…
Regional megaprojects & opportunities for hospitality investors
The impact of 2020 on the hotel and hospitality industry will endure for years to come and in many ways will redefine future travel experiences. Amr El Nady, head of hotels and hospitality MEA, executive VP, Global Hotel Desk at JLL, explores hotel investment opportunities in the region.
Into The MENA Hotel Investment Landscape
Investment in the travel and tourism sector reached USD 44 billion in 2017, with forecasts suggesting it will almost double in the next 10 years. Hospitality News ME spoke to two industry consultants to learn more about what’s driving investment in the region and where investors are putting their money