Off the battlefield
For those companies looking for more legitimate ways to stay afloat, branching out from the UAE market seems like the most plausible business opportunity for 2013. The majority of suppliers identified Saudi Arabia as the GCC country posing the biggest opportunity after the emirates, followed by Qatar.
With international hotel operators now focusing on the growth of the economy hotels sector in these markets, savvy hotel suppliers have also identified this sector as a major opportunity for business.
Others have pinpointed standalone F&B outlets, city hotels and the luxury market as potentially lucrative targets.
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Maybe it is these opportunities that have put a more positive spin on your expectations of performance in 2013, with more than three quarters of companies saying they expect annual turnover and net profit to be more in 2013 than it was in 2012.
And ending on a similarly positive note, aside from one supplier who, when asked what he enjoyed least about his job said “all of it”, it appears that it's the thrill and the “challenge” of the vendor’s game that keeps you all motivated to continue fighting for your position in the market.
10 most desirable hotel clients
1. Starwood Hotels & Resorts
2. Hilton Worldwide
3. Marriott International
4. Hyatt International
5. InterContinental Hotels Group
6. Accor
7. Wyndham
8. Best Western
9. Carlson Rezidor
10. Golden Tulip
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