THE LUXURY DEBATE: Is the market saturated? |
How many more luxury hotels can the Middle East take?
Andrew Humphries, regional vice president & general manager, Yas Viceroy, Abu Dhabi: There is certainly a need for the market to rebalance in terms of five-star, four-star and three-star products to reflect the needs of the consumer, and that means more four-star and three-star products.
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