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