According to new data, which was released ahead of the Future Hospitality Summit, the Middle East’s hospitality investment outlook has revealed KSA, UAE and Egypt to be at the forefront of investment.
Robust project pipelines, strong sentiment and long-term growth strategies look set to continue driving a sound recovery across the region, although financing and construction headwinds remain disruptive forces in the market. Amr El Nady, head of hotels and hospitality MEA and executive vice president, Global Hotel Desk – JLL, charts the hospitality investment landscape, while also highlighting new market opportunities.
We sat with visionary CEO Khalid Saud Abu Haimed to get the lowdown on Al Khozama’s impressive portfolio of hotels and restaurants.
Derayah’s new fund comes within the framework of the Tourism Development Fund’s commitment to stimulating and supporting tourism investment.
Gates’s Cascade Investment LLC will payUSD 2.2 billion in cash to boost its stake in Four Seasons Holdings to 71.25 percent from 47.5 percent.
Following Kitopi’s investment, HN spoke with Mario Arjan, the company’s managing director, UAE, to learn about the company’s upcoming plans.
As per AHIC’s report, most of these are big tourism investments in KSA led by the Red Sea Project, NEOM, Amaala, Diriyah Gate and Al-Ula.
A Club Deal is a relatively straightforward investment approach where investors pool their money to acquire a controlling or large stake in a business.