HOTEL INVESTMENT: Potential versus pitfalls? |
HOTEL INVESTMENT: Potential versus pitfalls? |
Arrivals to Oman to increase at a CAGR of 5%, fuelled by visitors from India who accounted for 21% of total arrivals in 2018
Giga-projects is one of six different streams created by Saudi's Public Investment Fund (PIF) around which it has structured its investment plan
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The Remede Spa will offer private healing sessions and a group healing class hosted by Guru Made Sumantra
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Sheraton Grand Hotel, Dubai will go dark for one hour on March 30, as part of the Earth Hour 2019 initiative
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Located next to five-star hotels, the development includes seven key districts spanning more than 2.4km of waterfront walkways
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Marriott Internationals’ Aloft Kuala Lumpur Sentral has employed Rubel Miah as its general manager.
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A high rise hotel close to Makkah in Saudi Arabia caught fire, officials from the Kingdom’s fire services have announced.
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To raise awareness about disposable plastic pollution, Abu Dhabi’s Jumeirah at Saadiyat Island Resort will be hosting a swimming competition — Swim for clean seas.
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12 Jun 2012
As you state, committed projects are few and far between - and even then, getting all of the relevant information about any project can be difficult at the best of times. The other thing to consider with the region in general is the actual real demand for hotel rooms in general - whilst the numbers would suggest more hotels are needed on a per capita basis compared to Europe - the question is more a case of is the physical demand actually there from both a tourism and business point of view? In some cases, certainly, established and fully functional destinations like the F1 track in Abu Dhabi certainly warrant seasonal demand, but consider Dubai and the arguably overly ambitious plans for construction in the region that shows little sign of recovery.