Asian destinations are also inching up the list for Middle Eastern travelers, with Bali, and Tokyo joining Bangkok and Kuala Lumpur in this year’s top 10.
Confidence in global tourism has started to pick up again after slowing down at the end of 2018, according to the latest UNWTO Confidence Index survey.
The Middle East total represented almost a 10 percent year-over-year increase in the number of rooms in the final phase of the development pipeline.
Dubai-based company capitalizes on the region’s trend towards franchising and meets calls from investors to find innovative ways to maximize operational efficiency.
John Northen, executive vice president- Middle East, India and Indian Ocean, at Shangri-La Group.
HVS Dubai has released its first issue of the Hotel Valuation Index (HVI) for select markets in the Middle East (ME). The HVS Hotel Valuation Index has established itself as a leading publication in the US, Europe, Africa and Asia for over a decade and are thrilled to share the regional HVI, which provides further insight on regional values and investment opportunities
The return especially for smaller independent properties is significant. Many hotels that used it experienced increased 15 and 25 percent sales boost.
he properties, which will see the growth and launch of existing as well as new TIME Hotel brands to key territories, will be unveiled during ATM 2019.