With travelers seeking out better lodging experiences and affordable deals, cheap, chic offerings are proving to be the new industry disruptors, as Nada Alameddine, managing partner at Hodema Consulting Services, explains.
As the Ukraine war is dragging on into another year, so are the economic troubles of Egypt, highly dependent on imports of wheat and all types of non-food commodities. The Egyptian treasury market was also badly hit, as investors withdrew billions of dollars. The Central Bank could not prevent inflation from reaching an annual surge of 33.9 percent in March, with the Egyptian pound plunging to unprecedented levels. Nada Alameddine, managing partner at Hodema Consulting Services, explains the country’s current state and forecasts its future.
Despite multiple crises in Lebanon since 2019, the private sector has demonstrated remarkable resilience, indicating a potential recovery that could be further bolstered by positive political developments. This anticipated comeback holds the promise of renewed growth and prosperity. Chadi Chidiac, managing partner of Protocol Hospitality Management and Consultancy, tells us more.
The pandemic taught us that nothing should be taken for granted. And, with most countries having now lifted all Covid-19-related restrictions, the vast majority of people are keen to once again make travel an important part of their lives, albeit in a year of no-normal, as Nada Alameddine, managing partner at Hodema consulting services, explains.
With Saudi Arabia’s development pipeline looking stronger than ever, Nada Alameddine, partner at Hodema consulting services, guides us through the list of upcoming megaprojects and what they will bring to the kingdom’s hospitality scene.
While most countries are back to pre-pandemic growth after two years of economic turmoil, the United Arab Emirates is reaping the rewards of its early vaccination efforts and measures to support hard-hit sectors. Nada Alameddine, managing partner at Hodema consulting services, paints a promising picture of the Emirates’ growth path and the exciting new development in its hospitality offering.
Egypt appears to be getting back on its feet after years of economic turmoil and social unrest, intensified by the pandemic. Nada Alameddine, managing partner at Hodema consulting services, shares her insights on tourism recovery and what the regional power of North Africa is likely to witness in terms of foreign arrivals in 2022 and beyond.