Arabian Hotel Investment Conference (AHIC) told that boutique, lifestyle and two-four star hotels are investment opportunities in the 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 delegates at the Arabian Hotel Investment Conference 2014 (AHIC) on 4 May.
The greatest potential is in two-three star hotels, said Ramadan. Dubai needs more boutique hotels and more highly-segemented hotels. We are also very busy in Dubai.
Ramadan said that Saudi Arabias boutique hotel market also offered good investment opportunities.
AHIC is organised by Bench Events and MEED
You might also like...
European finance in place for Tunisia Bizerte bridge
29 March 2024
HZI takes on Dhafra waste energy EPC contract
29 March 2024
Policy designates Masdar, Adnoc as hydrogen coinvestors
29 March 2024
Waste energy projects find relevance
29 March 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.