Turkey’s positive outlook
Located at the intersection of Europe and Asia, Turkey’s hospitality industry continues to stand strong. Hala Matar Choufany, president for the Middle East, Africa and South Asia at HVS, tells us more.
Championing diversity in hospitality
In a world where cultural differences are celebrated, Chantal Milky, senior associate of HVS Executive Search, explores how the hospitality sector is promoting diversity and inclusivity.
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.
Jordan’s soaring tourism sector
Jordan has become a popular travel destination in the Middle East. It was ranked the sixth Arab country in the 2022 Travel and Tourism Development Index and listed within the top 10 tourist destinations in 2023 by the US Tour Operator Association. Maria Quintero, HVS’ associate – consulting and valuation, provides insights into Jordan’s success and the factors that make it an appealing choice for travelers worldwide.
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.
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.
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.
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.
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.
Africa on the rise
While East Africa’s travel, tourism and hospitality sectors have faced various challenges in recent years, there are encouraging signs of growth, as Hala Matar Choufany, president for the Middle East, Africa and South Asia at HVS, points out.