HVS | Hala Matar Choufany

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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

HVS Middle East Hotel Valuation Index In-Depth Insights 2019

We are thrilled to share the first issue of the Middle East Hotel Valuation Index (HVI) which provides insight on regional values and investment opportunities.

April 9, 2019 By Hala Matar Choufany

Architecture & Interior Design , Middle East

2017 Middle East Hotel Survey – Chaos, Consolidation & Opportunity

The region continues to face distraught; dwindling economic conditions, changing demographics and source markets, and a saturation of luxury hotels pose an opportunity for developers to build mid-market.

May 10, 2017 By Hala Matar Choufany , Aaron Laurie

Hotel Investments & Ownership , Development & Construction , Travel & Tourism , Economic Trends and Cycles , Hotel Companies , Middle East , Africa

Middle East Hotel Development Cost Trends

This report presents the trends in hotel development costs across key markets in the Middle East. It highlights the current development costs for different hotel classifications and discusses the various factors that affect changes in these costs.

March 31, 2014 By Hala Matar Choufany , Yasin Munshi

Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Architecture & Interior Design , Middle East

Doha In Focus Welcoming FIFA World Cup 2022

The 2022 World Cup commitments & the 2030 National Plan vision, Doha’s hospitality sector continues to undergo major transformation. The article provides an in-depth overview of Doha hotel market, incorporating a performance forecast up to 2016.

November 4, 2013 By Hala Matar Choufany , Cristina A Zegrea

In Focus: Muscat

After reaching the milestone of 1 billion US$ generated revenue in 2012, Oman’s tourism sector has much to look forward to in the upcoming years, particularly with the development of major projects such as the Omagine,The Wave, Jebel Sifah and OCEC.

October 1, 2013 By Hala Matar Choufany , Cristina A Zegrea

Here Comes Kurdistan!

The Kurdistan Region is a federated region in Northern Iraq consisting of three main governorates, Erbil, Sulaymaniyah, and Duhok.

September 16, 2013 By Hala Matar Choufany , Amir Lababedi

Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , Middle East

Hala Matar Choufany

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