AHIC Event Highlights
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Event Coverage
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Dubai’s debt problems have made headlines throughout the past two years, but the emirate’s political stability and heavy investment ininfrastructure is seeing it gain from the uncertainty caused by the regional unrest
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Speakers at the 7th annual Arabian Hotel Investment Conference (AHIC) called for closer collaboration among hotel owners and more dialogue between owners and Middle East governments as part of a new effort to take advantage of the opportunities in the region’s hotel and tourism market.
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Kirk Kinsell IHG president for Europe, Middle East and Africa Kirk Kinsell told the 7th annual Arabian Hotel Investment Conference (AHIC) this morning that the IHG group regards the Middle East area as a key emerging market with substantial development potential.
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Flamingo Hotel’s president Amine Moukarzel, who is also managing director of Golden Tulip Hotels & Resorts in the Middle East, told the 7th annual Arabian Hotel Investment Conference (AHIC) that returns on investing in budget and mid-market hotels were consistently higher than in hotel assets in more highly-rated sectors.
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