Hotel markets in the Middle East, and especially in the GCC, are often thought to share similar characteristics and dynamics, but is this a fair analysis? Hala Matar Choufany, president, Middle East, Africa & South Asia of HVS, takes a closer look at Oman’s hospitality sector and gives her thoughts on what we can expect from the country’s Vision 2040.
Without a shadow of a doubt, 2020 forced countless companies around the world to rethink their strategies and adapt to new norms. With this in mind, we asked a selection of our contributors what lessons they learned last year and how they foresee the business landscape in 2021.
In 2020, the tourism sector grappled with what has been described as a “black swan event” — the Covid-19 pandemic. Kostas Nikolaidis, Middle East and Africa executive for STR, explores the way in which the UAE has responded to the threat and supported the hospitality industry.
As the coronavirus pandemic continues to bring the economies of the world to their knees, Saudi Arabia is trying to find ways to stay afloat. Nada Alameddine, partner at Hodema consulting services, discusses the role of tourism in the kingdom’s future and its Vision 2030 targets.