The luxury hotel market offers the most opportunity for suppliers to grow their business, the Hotelier Middle East Supplier Survey has revealed.
More than 35% of suppliers (out of a sample of 48) identified the luxury hotel market when asked where they saw the most opportunity for growth.
Resort hotels and boutique hotels were also highlighted, with 17% and 8% of suppliers favouring these sectors.
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Of the remainder, 15% of respondents identified the economy market as offering the greatest business opportunities, 13% selected standalone F&B outlets, 10% opted for city hotels and 2% said they would target standalone leisure outlets.
The suppliers were also asked to identify the Middle Eastern city they predicted would be home to “the next hotel boom”.
The most popular responses were Abu Dhabi and Doha/Qatar. Only two respondents said Dubai and one said Beirut.