A new chapter in the region’s growth story

A new chapter in the region’s growth story

Strategic master plans and reforms point to a growing appetite for hospitality investment and development across the GCC, bringing opportunities to benefit from attractive returns and contribute to the growth and diversification of regional economies. f, president, HVS Middle East, Africa and South Asia, maps out the openings and challenges, and crunches the numbers.

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Egypt on the rise

Egypt on the rise

Egypt’s hospitality market has seen robust growth across the sector driven by the rapid tourism recovery post-pandemic, primarily bolstered by government and private sector economic initiatives, including, but not limited to, the establishment of new reforms and the development of new hospitality products/demand generators. These initiatives, along with strong domestic demand, supported a healthy market recovery. HVS forecasts that the opening of The Grand Egyptian Museum (GEM) later this year will further induce demand to benefit the hospitality industry across the country. We learn more with Ahmad Yousry Elbeheiry MRICS, associate director of HVS Middle East & Africa.

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Bahrain: the ultimate escape destination 

Bahrain: the ultimate escape destination 

Hala Matar Choufany, president for the Middle East, Africa, and South Asia at HVS, defines Bahrain’s hospitality scene and details what makes it the ultimate tourism destination.

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Morocco: more than meets the eye

Morocco: more than meets the eye

With its unique culture, landscapes and culinary riches, Morocco is among the world’s most enchanting countries. Hala Matar Choufany, president for the Middle East, Africa and South Asia at HVS, describes the hospitality scene in the North African jewel and what makes it such an intriguing tourism destination.

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How major sporting events are spurring growth in the GCC

How major sporting events are spurring growth in the GCC

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.

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La vie en rose: Paris’ perfect performance

La vie en rose: Paris’ perfect performance

Paris is the most visited city in the world, with strong appeal to international visitors. Indeed, the French capital benefits from various source markets and a well-diversified client mix, allowing the market to perform well throughout the year, as Maria Coll, senior associate, and Sophie Perret, senior director of HVS, explain.

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Spain in the spotlight

Spain in the spotlight

Spain’s hotel supply is characterized by mid- and upscale hotels. However, the number of higher-end hotels is increasing at a rapid pace, as HVS’ Maria Coll, senior associate, and Sophie Perret, senior director, explain.

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Greek delights: tourism rebirth

Greek delights: tourism rebirth

Traditionally a sun and sea destination, Greece is working hard to reposition itself and shed its traditional tourism image. HVS Athens’ director Pavlos Papadimitriou and analyst Gelina Kordoni provide an in-depth analysis of the country’s tourism past and how the sector is evolving.

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The region in numbers

The region in numbers

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.

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The expo effect – What to expect from Dubai 2020

The expo effect – What to expect from Dubai 2020

With Expo 2020 fast approaching, Hala Matar Choufany, president of HVS Middle East, Africa and South Asia, examines how this world-famous event will change the shape of Dubai’s hotel market.

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