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Hala Matar Choufany

President - HVS Middle East, Africa and South Asia, Dubai
  •   [email protected]
  •   +971 (4) 354-4771 (Work)
  •   +971 (50) 459-7930 (Mobile)
  •   English, French, Arabic
  •   Business Card
  • Employment History
  • Consulting Experience
  • Education
  • Affiliations
  • Speaking Engagements
  • Honors Received
  • Press Coverage
  • Clients
  • My Articles

Employment History

Hala Matar Choufany is the President for HVS Middle East, Africa & South Asia and Managing Partner of HVS Dubai.

Hala is an experienced Managing Partner and Hospitality Advisor with a demonstrated history of working in the hospitality industry. Skilled in Contract Negotiation, Feasibility Studies, Development Recommendation, Valuation, Asset Management, and Strategic Advisory; she has advised on more than 3,500 hospitality and mixed-use projects in the last 17 years across Europe, MEA and Asia. Hala has in-depth expertise in regional hotel markets and a broad exposure to international markets and maintains excellent contacts with developers, owners, operators, investment institutions and government entities. Hala speaks frequently at investment coneferences on a range of topics including asset valuation, management issues and women leadership.

Hala completed Executive Education at Harvard Business School. She also holds an MBA in Finance and Strategy from IMHI (Essec- Cornell) University, Paris, France and a BA in Hospitality Management from Notre Dame University, Lebanon. Hala is fluent in English, French and Arabic.

Hala is a board member of Harvard Business School club of the GCC and is a mum of three. Born in Beirut, Hala lived and worked in a number of cities across Europe, Asia and Middle East.

Hala can be reached on [email protected].
 

Consulting Experience

Hala is an experienced Managing Partner and Hospitality Advisor with a demonstrated history of working in the hospitality industry. Skilled in Contract Negotiation, Feasibility Studies, Development Recommendation, Valuation, Asset Management, and Strategic Advisory; she has advised on more than 3,500 hospitality and mixed-use projects in the last 17 years across Europe, MEA and Asia. Hala has in-depth expertise in regional hotel markets and a broad exposure to international markets and maintains excellent contacts with developers, owners, operators, investment institutions and government entities. Hala speaks frequently at investment coneferences on a range of topics including asset valuation, management issues and women leadership.


More detailed experience list is available on request.
 

Education

Harvard Business School, Executive Education, Boston, USA
Senior Leadership
May 2018

Joint Program of Essec Business School, Paris, and Cornell University, USA
MBA in International Hospitality Management
1999-2001

NOTRE DAME UNIVERSITY
BA in Hospitality Management
1996-1999
Louaizy, Lebanon

Affiliations

Hotelier Judges Award Commitee Member, 2020

Advisory Board Member of the Africa Hotel Investment Forum, 2018- Current

Advisory Board Member of the Arabian Hotel Investment Conference, 2010- Current

HVS Board Member 2016- Current

Borad Member- Harvard Business School Club of the GCC- Current

Member of Dubai Business Women Council (DBWC) 2016- Current

Advisory Board Member of the Hotel Association Conference (HOFTEL) 2015-2016

Advisory Board Member of the Serviced Apartments Summit 2015-Current

Chairman of the Best New Hotel Development Award, 2010

Speaking Engagements


TravTalk ME, November 2020
Interview, Hospitality ME

Destination X Summit, RAK, November 2020
Assessing the Trends that Will Shape the Current Hospitality and Leisure Sector for Investments

Boston University, Boston, October 2020
Beyond Borders Panel The Global Hospitality Landscape 

Future Hospitality Summit, Riyadh G20, October 2020
Women Leadership
https://www.youtube.com/playlist?list=PLpZKEasITZlS_MikOcxR5qhNCV9iAzFJ8
 
AHIC On the Road, Dubai, Septemeber 2020
The Journey to Alternative Management
https://hvs.com/article/8914-The-Journey-to-Alternative-Management


AHIC On the Road, Dubai, Septemeber 2020 
The Transformation of Management Articles 
https://hvs.com/article/8915-The-Transformation-of-Management-Agreements

HVS Global Hotel Performance & Values, September 2020
https://www.hvs.com/article/8884/opportunity-to-view-the-hvs-webinar-on-global-hotel/

Africa Hotel Investment Forum, Virtual July 2020 
Africa Traveller & Hotel Guest Sentiment Survey

AHIC, Virtual, Dubai, June 2020
Pains & Gains Hospitality in GCC 
https://www.hvs.com/article/8819-pains-and-gains-hospitality-in-gcc

Al Arabiya News Channel Interview, June 2020 (Arabic)
https://www.hvs.com/article/8816-impact-of-covid-19-on-the-hospitality-industry-in-gcc

Mahreq Bank Hospitality Webinar, May 20, 2020
The Way Ahead for the GCC hospitality
White Paper Contribution to "Support the Collaboration between the private and public sector"

Hospitality Tomorrow2, Online Conference, May 12, 2020
Global Event, 2000+attendees
COVID-19 Beyond the Dust- Recovery Model for GCC
https://www.youtube.com/watch?v=57Jnt8NIM4M

 

Saudi Hotel Investment Conference 2020
Riyadh, Kingdom of Saudi Arabia
“Women Leadership in GCC and the Middle East”


Arabian Hotel Investment Conference, 2019 
Ras Al Khaimah, United Arab Emirates
“Valuation Workshop Middle East"
Release of the Hotel Valuation Index ffor the MENA region.

Saudi Hotel Investment Conference 2019
Riyadh, Kingdom of Saudi Arabia
“Women Success and Leadership in Saudi Arabia”
 
Saudi Hotel Investment Conference 2019
Riyadh, Kingdom of Saudi Arabia
“Masterclass on management contracts and owner-operator relationship”
 
ThincAfrica Conference, an HVS Conference, 2018
Capetown, South Africa
“Women Leadership in Africa”
 
Arabian Hotel Investment Conference 2018
Waldorf Astoria, Ras Al Khaimah, United Arab Emirates
“Focus on Value Engineering”
 
Arabian Hotel Investment Conference 2017
Madinat Jumeirah, Dubai, United Arab Emirates
"Alternative Investment Model”
 
Arabian Hotel Investment Conference 2016
Madinat Jumeirah, Dubai, United Arab Emirates 
“The Evolution of the Necessary Marriage”
 
Arabian Hotel Investment Conference 2016
Madinat Jumeirah, Dubai, United Arab Emirates 
“Getting the Most Out of Your Properties”
 
MEED Qatar Projects Conference 2016
St Regis Hotel Doha
“Plans for growth and development of the tourism and hospitality”
 
Arabian Hotel Investment Conference, Bahrain Briefing 2016
ART Rotana, Amwaj Island
“Private Investor Perspective: Hotel Industry in Bahrain – Past, Present, and Future”
 
Arabian Hotel Investment Conference, Oman Briefing 2015
Ritz Carlton, Dubai, United Arab Emirates
“Looking at the Budget and Mid Market Sector in Oman”
 
Oman Projects Forum 2015
Al Bustan Palace Muscat, Sultanate of Oman
“Future investment outlook for the Sultanate’s hospitality developments”
 
Arabian Hotel Investment Conference 2015
Madinat Jumeirah, Dubai, United Arab Emirates 
“Mergers and Acquisitions in the GCC”
 
AHIC Regional Briefing on Jeddah 2015
Makarim Annakheel Village, Jeddah, Saudi Arabia
“A Focus on Jeddah”
 
Euromoney Conference in Egypt and at Oman Tourism Day Summit 2014
JW Marriott Mirage City, Cairo
Investment Workshop, Tourism 
 
Arabian Hotel Investment Conference 2014
Madinat Jumeirah, Dubai, United Arab Emirates 
“Designing and Building for the Mid-Market & Budget Sector”
 
Global Restaurant Investment Forum, Dubai 2014
FINDING THE RIGHT FIT - When does it make sense to keep an outlet in-house as opposed to franchising, leasing, joint ventures or introducing third party operators? What are the benchmarks of successful relationships? How do you create the right mix of products, price points and experiences within a destination?
 
Arabian Hotel Investment Conference, Riyadh Briefing 2014
"Market update on Saudi Arabia - What has changed in the hospitality sector in last year? Where is the market heading? Where are the opportunities for investors into the tourism sector?" 
 
Arabian Hotel Investment Conference 2013
Madinat Jumeirah, Dubai, United Arab Emirates 
"The importance of defining a vision, how does feasibility studies shape a vision"

Essec Conference, April 2013 
Investments- a Global Perspective

AHIC Briefing- Qatar, March 2013 
Hilton, Doha 
"Is the Hotel Market Sustainable in Doha"


Arabian Hotel Investment Conference 2012 
Madinat Jumeirah, Dubai, United Arab Emirates 
"The plan before you build"- what are the necessary steps to ensure a successful mixed-use development?

Arabian Hotel Investment Conference 2011
Madinat Jumeirah, Dubai, United Arab Emirates 
"Asset and Brand Conversion and Acquisition"- is the MENA region mature enough to adopt such an approach? 

Arabian Hotel Investment Conference 2011
Madinat Jumeirah, Dubai, United Arab Emirates 
"Ask the Expert"- Risk of Oversupply in Qatar and ways to Mitigate Risks and Concerns 
Expert/Speaker 

Real Estate Lebanon 2010
Beirut, Lebanon 
Beirut and Beyond, an unparalleled insight into the country's hospitality industry and dynamics 

Arabian Hotel Investment Conference 2010
Madinat Jumeirah, Dubai, United Arab Emirates 
“A Focus on the Levant- Regional dynamics, growth and expansions possibilities in the Levant” Keys to succeeding in the region. 

Cityscape 2008
World Trade Centre, Dubai, United Arab Emirates 
Hotel & Tourism Investment & Development 


Interviews:
Hala Matar Choufany's insights on opportunities for hospitality investors
Operating using an alternative investment model - Hala Matar Choufany at AHIC
Hala Matar Choufany: Return on Investment vs Return on Ego in 2017

 

Honors Received

Selected as " One of the 50 most influential Women in the Industry" by Hospitality News Middle East, August 2020.

Selected as "One of the 35 most Influential Women in the Industry" by Hospitality News Middle East, October 2013

Intentional Society of Hospitality Consultants Award (2000, Budapest)

Press Coverage

Multi-year recovery along with new opportunities for travel and hospitality sector: HVS, 2020

Focus: Breaking Journey Information investigates: HVS anticipates multi-speed international restoration, 2020

AHIC On the Road, Dubai, Septemeber 2020
The Journey to Alternative Management
https://hvs.com/article/8914-The-Journey-to-Alternative-Management


AHIC On the Road, Dubai, Septemeber 2020 
The Transformation of Management Articles 
https://hvs.com/article/8915-The-Transformation-of-Management-Agreements

HVS Global Hotel Performance & Values, September 2020
https://www.hvs.com/article/8884/opportunity-to-view-the-hvs-webinar-on-global-hotel/

Africa Hotel Investment Forum, Virtual July 2020 
Africa Traveller & Hotel Guest Sentiment Survey

AHIC, Virtual, Dubai, June 2020
Pains & Gains Hospitality in GCC 
https://www.hvs.com/article/8819-pains-and-gains-hospitality-in-gcc

Al Arabiya News Channel Interview, June 2020 (Arabic)
https://www.hvs.com/article/8816-impact-of-covid-19-on-the-hospitality-industry-in-gcc

Hospitality Tomorrow2, Online Conference, May 12, 2020
Global Event, 2000+attendees
COVID-19 Beyond the Dust- Recovery Model for GCC
https://www.youtube.com/watch?v=57Jnt8NIM4M

Youtube links:

Hospitality Tomorrow- Follow the Sun
Post COVID-19 Hospitality Market
https://www.youtube.com/watch?v=57Jnt8NIM4M

CNN Turk- World Tourism Forum, 2019
https://www.youtube.com/watch?v=U9PjQzl-Ulo

Breaking Travel News, 2019
https://www.youtube.com/watch?v=OHq9a0kAa4E

Bloomberg Turk Interview, 2019,
https://www.youtube.com/watch?v=Y_GVM8vrXjM (Turkish Translation)
https://www.youtube.com/watch?v=PgbRkBwEX0E (English)

Arabiya News Channel, 2019
https://www.alarabiya.net/ar/aswaq/videos/power-lunch/2019/04/09/ما-هي-المدن-العربية-الأكثر-قيمة-بالغرف-الفندقية؟.html

AHIC 2019
Masterclass- Valuations in the Middle East, 2019
https://www.youtube.com/watch?v=I1kdUTRxa-s

SHIC, Saudi Arabia, 2019
Business Women in the Saudi Hospitality World
https://www.youtube.com/watch?v=7NHUxq6r0Wc

SHIC, Saudi Arabia, 2019
Master Class on Hotel Management Agreements.
https://www.youtube.com/watch?v=xyhS4iDR53o


AHIC, UAE, 2018
Focus on Value Engineering
https://www.youtube.com/watch?v=5ApXCe8a89Y

AHIC 2017
Opportunities for Middle East Hospitality Investors
Operating using an alternative investment model - Hala Matar Choufany at AHIC
Hala Matar Choufany: Return on Investment vs Return on Ego in 2017

AHIC 2016
https://youtu.be/Cn-jlRx_MG8
https://youtu.be/14wQI0HWLfE
https://youtu.be/tl_naVwdArI
https://youtu.be/6gs60m8rh4g
https://youtu.be/egRwPxIa6E8
https://youtu.be/EvUOezIecQ4


AHIC 2014:
https://www.youtube.com/playlistlist=PLiejX0uIv_x1Ofl_tZuc80EGHknhGrP07

Clients

3MY General Trading
Abdali
Abdullah Ibrahim Al-Subeaei Holding Company
Abu Dhabi Investment House
Abukhamis Group
Abjar Hotels International
Action Group Holdings
Adex Contracting Maintenance & Operations
AFB Bank
A.K. Bakri & Sons
Al Anwar Holdings
Al Anwa Holding Co. for Investments
Alaqeeq Real Estate Development Co.
Al Bayan Group
Al Dar Al Khasa for Urban Development
Alfanar Company
Al Futtaim Group Real Estate
Alghanim Marine Co.
Al Ghurair Group
Alkhorayef Group
Almadina Real Estate Development
Al Mashriq Hotels and Tourism LLC
Al Rajhi Real Estate Investments
Al Rashid Trading & Contracting Co.
Al Rayyan Tourism Investment Company "ARTIC"
Al Thakher
Al Sharq Investment
Al Siddiqi International Group
Al Zorah Development Company
Amerimar Enterprises, Inc.
ANB Invest
Apex Enterprises
Aqua Properties
Aquiva Coöperatief U.A.
Askett Hank Developments
Audeh Enterprises Ltd SAL
Audi Bank Saudi Arabia
Awal
Bab Al-Mustaqbal Co.
Bahrain Marina
Bahrain Tourism Company
Bakheet
Barclays Bank
Barwa Real Estate
Bashoura Holdings
Bawabat Al Shamal Real Estate Company WLL
BC Group
BCD Company
BDL Management
Benaa Jeddah Development and Real Estate Investment Co., Ltd
Bright Start
Brilliant Role Group
Cayan Investment & Development
Cairo Real Estate & Touristic Investments
CIG Corporation
Claremont Group
Daajan Real Estate Investment and Construction Co. Ltd.
Dallah Albarakah
Damac Real Estate
Daman Investments
Darusslaam Holdings Sendrian Berhad
Deloitte & Touche
Deutshe Hospitality
Deusthe Bank
Dohaland
DTZ
Dubai Pearl
Dubai Select
Dubai Real Estate Corporation
Dubai Investments
Elwan Group Limited
Elite Design & Engineering Consultancy
Emaar
Emaar Properties
Emirates Land Group
Enshaa PSC
EPG Hotels & Resorts
Essque Hotels and Resorts
European Bank for Reconstruction & Development
Europe Arab Bank
Fattal Holding
Fine Real Estate Investments
First Qatar Real Estate Development
Four Seasons
GILAF
GL International
Goodearth Hotels
Gulf East Trading and Contracting
Gulf Heights Investment Holdings
Gulf Real Estate Development House
Hampshire Hotels and Resorts
Hard Rock Hotels and Resorts
Hines
Horizon Holdings
Host Marriott Corporation
Hyatt Holdings UK Limited
Ibrahim and Mohamed Alzaben Company
IFA Hotels & Resorts
Inter Continental Hotels Group
International Hotels Establishment
International Management & Development
International Petroleum Investment Co.
Istithmar World
Jagal Group
Jnah Development SAL
JP Morgan
Jupiter Asset Management Limited
Jubran Holding
Kaas Investment Group
Kerzner International
KHotel Bahrain
Kingdom Holdings
Kingdom Hotel Investments Group
Kuwait Financial Centre Markaz
Kuwait Finance House
La Capital, Inc.
La Reine
Lehman Brothers
Link Global Group
Magnolia Quality Development Corporation
Mahmood Saeed Collective Company
Majid Al Futtaim
Masic
Mandarin Oriental Hotel Group
Marafie Group
Marriott International
Mayaas Investment & Real Estate Co.
Middle East Development
Midrar Development Management
Midroc
MIN Investments
Mubadala Development Company
Naas Springs Holding SAL
Nakheel Hotels
NAPCO Group of Companies
National Bank of Kuwait
National Trading and Developing Establishment
National Investor
Nobu Hospitality
Nuzul Holdings
Olayan Real Estate Company Limited
Olympiades Brussels Hotel SA
Omnix Group
Omniyat Property Development
ONYX Hospitality Singapore Private Limited
Perbadanan Tabung Amanah Islam Brunei
PLC Arabia
Premier Group WLL
Prime Consult
Profinance
PTW Architects
Qatar Foundation
Qatari Diar Real Estate Investment Company
QHC Architects and Engineers
Real Estate Services Group
ReeMoon Real Estate Development
Regency Group
Rimal Investment Projects LLC
Roll Post Limited
Rotana Hotel Management
Royal Bank of Scotland
Royal Monot SAL
Saleh Abdul Aziz Al- Rajhi & Partners Co. Ltd.
Saleh Al Hamad Al Mana
Samsung, Korea
Saudi BinLadin Group
Saudi Brothers Commercial Company
Saudi Real Estate Company (Al Akaria)
S.D.B Ltd.
Shanghai Arabian Electromechanical
Sheikh Selim Kheireddine
SHUAA Capital Saudi Arabia
SHUAA Partners
Sixth of October for Development & Investment Co.
Sobha Developers
Society Holeliere Internationale de Roissy SNC
Sokouk Holding
Sorouh
Standard Chartered Bank
Starwood Hotels & Resorts Worldwide
Studio Daniel Libeskind
St. Regis Cairo
Sundus Investment Projects LLC
Sunset Hotel Group
Taj Hotels and Resorts
Tamkeen Holding
Tasameem Project Management
Telopea Capital Partners
The Amman Institute for Urban Development
The Claridges Hotels & Resorts
The National Investor
The Raven Group
THR-International Tourism Consultants
Tiara Hotels and Resorts
Time Machine Group
Tourism Development & Investment Co.
Trans Orient Hotels
Triton Middle East
UBS
United Real Estate Company
Univest Group
Virtus Holding
Wasl
Westmont Hospitality Group
Xenel Industries
Zaya
Zones Corp
Zoo and Aquarium Public Institute in Al Ain
Zubair Corporation

My Articles

View all Hala Matar's articles

Hospitality Tomorrow - Innovation, Leadership and Finding Your Mojo

Interview with Hala Matar Choufany about how to lead, engage and motivate, during Hospitality Tomorrow.
  • December 16, 2020 By Hala Matar Choufany
  • Hotel Operations , Travel & Tourism , Hotel Companies , Hotel Management , COVID-19 , Middle East , United Arab Emirates

Redesigning Hospitality

Interview with Hala Matar Choufany on redesigning hospitality in the Middle East during the Gulf travel show.
  • November 30, 2020 By Hala Matar Choufany
  • Hotel Operations , Travel & Tourism , Economic Trends and Cycles , Hotel Management , COVID-19 , Kuwait , United Arab Emirates , Qatar , Bahrain , Oman , Saudi Arabia

An Eye on Africa

In Global Tourism Forum Hala Matar Choufany was moderating ''An Eye on Africa Hospitality and Investment Opportunities'' with Paul Gardiner, Bani Haddad and Ramsay Rankoussi.
  • November 30, 2020 By Hala Matar Choufany
  • Hotel Operations , Travel & Tourism , Hotel Management , COVID-19 , Africa

The Journey to Alternative Management

Hala Matar Choufany is discussing with Khalid Anib, Bani Haddad and Christophe Landais at AHIC on the Road, about the evolution of different type of hotel agreements as well as the journey to the alternative management.
  • October 28, 2020 By Hala Matar Choufany
  • Hotel Operations , Hotel Companies , Hotel Franchises , Management Contracts , COVID-19 , United Arab Emirates , Saudi Arabia , Oman , Kuwait , Qatar , Bahrain

The Transformation of Management Agreements

Hala Matar Choufany is in discussion with James Donald and Tara Marlow at AHIC on the road, on the transformation of management agreements and what the reaction has been from owners and operators.
  • October 28, 2020 By Hala Matar Choufany
  • Hotel Operations , Hotel Companies , Hotel Franchises , Hotel Management , Management Contracts , United Arab Emirates , Kuwait , Saudi Arabia , Oman , Bahrain , Qatar

Evolution of Hotel Management Agreements and Rise of Alternative Agreements

Hotels are complicated investments and evaluating the most suitable hotel operating model for a hotel investment is crucial to ensure that the owner’s return is optimized. This publication summarizes the evolution of a number key terms in the hotel management agreements and our outlook on how these key terms may evolve in the future, provides an overview of franchise agreements and highlights alternative agreements that are being considered by sophisticated owners in the Middle East region.
  • September 28, 2020 By Hala Matar Choufany , Ersin Yildirim
  • Travel & Tourism , Hotel Franchises , Hotel Management , Management Contracts , COVID-19 , Saudi Arabia , Oman , Kuwait , United Arab Emirates , Qatar

Pains and Gains - Hospitality in GCC

With all the uncertainty that remains around the duration and outcome of this pandemic and its' prolonged impact on the hospitality industry in particular; HVS Hotel Owner and Investor Survey findings highlight hotel's operational status and challenges as well as hotel owners’ requirements to survive. In this AHIC broadcast series, the panelists, both of which are multiple asset hotel owners, discuss with Hala Matar Choufany the current issues and future investment appetite.
  • June 18, 2020 By Hala Matar Choufany
  • Hotel Investments & Ownership , Hotel Operations , Valuations & Market Studies , Hotel Companies , COVID-19 , Middle East , United Arab Emirates , Qatar , Bahrain , Saudi Arabia , Kuwait , Oman

Impact of COVID-19 on the Hospitality Industry in GCC

Hala Matar Choufany, in her interview in Arabic on Al Arabiya News summarizes the impact of COVID-19 on the hospitality industry in GCC and how the recovery path looks like.
  • June 16, 2020 By Hala Matar Choufany
  • Hotel Operations , Travel & Tourism , Hotel Companies , Hotel Management , COVID-19 , Middle East , United Arab Emirates , Bahrain , Qatar , Kuwait , Saudi Arabia , Oman

Investment Opportunities in Post COVID-19 Era

Sharing the full interview of Hala Matar Choufany, President of HVS Middle East & Africa, Recovery Townhall discussion with Sumaira Isaacs in a series of exciting and global interviews hosted by Global Tourism Forum to assess tourism and hospitality challenges as well as recovery and investment opportunities.
  • June 9, 2020 By Hala Matar Choufany
  • Hotel Investments & Ownership , Asset Management , Valuations & Market Studies , Hotel Management , COVID-19 , Bahrain , Qatar , Kuwait , Saudi Arabia , Oman , Middle East , United Arab Emirates

Forecast of Hotel Performance in GCC Beyond 2020

We raise key concerns and questions that are worth reflecting on to address the complex “new normal” that will govern future investments and operations in our industry. Although COVID-19 has challenged our fundamental forecasting approach that typically relies on predictable market trends and metrics, we share our assumptions pertaining to what the recovery model may look like for select cities in the GCC and the likely impact on EBITDA.
  • June 9, 2020 By Hala Matar Choufany
  • Hotel Investments & Ownership , Asset Management , Valuations & Market Studies , Hotel Management , COVID-19 , Saudi Arabia , Qatar , Kuwait , Oman , Bahrain , Middle East , United Arab Emirates

Hospitality in GCC - HVS Hotel Owner and Investor Sentiment - COVID-19

HVS is pleased to share the Hospitality GCC- Hotel Owner & Investor Survey. Despite the challenges and uncertainty, there will be better times and the hospitality and travel market will eventually come out stronger. The future winners are those that will create an ecosystem that is built on ethical principles and promotes a behavior that reflects a good corporate citizenship. Finally a strong risk mitigation approach, flexibility and innovation will remain key traits of successful organization
  • June 8, 2020 By Hala Matar Choufany
  • Hotel Investments & Ownership , Hotel Operations , Valuations & Market Studies , Hotels - Distressed , COVID-19 , Qatar , Saudi Arabia , Kuwait , Bahrain , Oman , Middle East , United Arab Emirates , Dubai - United Arab Emirates

COVID19- Beyond the Dust

The increasing concern over the COVID-19 implications on the travel and tourism sector coupled with a challenging economic outlook for the GCC region will have a major impact on the recovery of the hotel sector. Although COVID-19 has challenged our fundamental forecasting approach that typically relies on predictable market trends and metrics, we share our assumptions pertaining to what the recovery model may look like for select cities in the GCC and the likely impact on EBITDA.
  • May 7, 2020 By Hala Matar Choufany
  • Travel & Tourism , Economic Trends and Cycles , Hotel Companies , COVID-19 , Middle East , United Arab Emirates , Dubai - United Arab Emirates

HVS COVID-19: Traveller and Hotel Guest Sentiment Findings Middle East

The “HVS Traveller and Hotel Guest Sentiment Survey” summarises the findings about the current confidence levels, changes in behaviour and preferences, and most importantly the decision making when selecting destinations and hotel stays in the near term. We raise key concerns and questions that are worth reflecting on to address the complex “new normal” that will govern future investments and operations in our industry.
  • April 29, 2020 By Hala Matar Choufany
  • Travel & Tourism , Economic Trends and Cycles , Hotel Companies , COVID-19 , Middle East , United Arab Emirates , Dubai - United Arab Emirates

COVID-19 “The Hefty Guest”

While we were applauding the ongoing efforts of GCC governments in developing further their tourism infrastructure, an unexpected hefty guest checks-in that will undoubtedly leave behind significant losses and a drastic change to the travel and tourism landscape. We will continue to engage with you to provide a framework for guiding future decision making, analyse the new dynamics, identify the key challenges that lie ahead, and endeavor to forecast future performance.
  • April 22, 2020 By Hala Matar Choufany
  • Travel & Tourism , Economic Trends and Cycles , COVID-19 , Middle East

HVS COVID19 Middle East Update - Government Initiatives at a Glance

Government initiatives at a glance- the tourism industry contributes up to 12% of the GDP of these countries. How was the sector impacted and what is the near to mid-term outlook? Share with us your views, we would love to hear from you.
  • April 21, 2020 By Hala Matar Choufany , Irmak Sen
  • Travel & Tourism , Economic Trends and Cycles , COVID-19 , Middle East

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