Over the past decade, the GCC region has transformed from a business destination to an experiential one, evidenced by an increase in international arrivals, private investments and government visions, initiatives and developments. Hala Matar Choufany, president for HVS Middle East, Africa and South Asia, and managing partner of HVS Dubai, outlines the market developments and what’s on the horizon.
The Middle East consists of a diverse range of hotel markets that are stimulated by varied segments of the demand and investment sphere. Hala Matar Choufany, president of HVS Middle East, Africa and South Asia, gives us an in-depth look at where the region’s hotel industry stands and what’s likely to unfold in 2022.
Amid the current global pandemic and travel restrictions, Saudi Arabia remains committed to its Vision 2030 and projects are underway to transform its hospitality offering. Hala Matar Choufany, president, Middle East, Africa and South Asia of HVS, shines a bright light on the kingdom’s luxury resorts and what we can expect to see.
Five years after the implementation of comprehensive economic reform, Egypt’s macroeconomic indicators are starting to show sustained improvement. Maximilian Quack, senior manager for the Middle East and Africa at HVS, delves deep into Egypt’s tourism market.
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.