Hotel Valuation Index (HVI) 2021 Middle East & Africa

While the hospitality industry is incredibly robust and regularly adapts to changing market conditions, the 2020 global pandemic had a significant impact on travel and tourism globally and resultant hotel values. Arguably, hotel ownership and hotel investments are considered long-term investments as the value is based on the future income that the asset is likely to generate with values adopting the discounted cash flow method of valuation.

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Hala is an experienced Regional President and Managing Partner, an industry expert, and is recognized as one of the most influential leaders in the hospitality industry, notably in the Middle East and Africa region.

Hala has advised on more than 5,000 hospitality and mixed-use projects in the last 20 years across Europe, the Middle East, Africa and Asia. She has advised clients in areas such as Valuations, Acquisitions, Asset Management, Strategic investments and development, Contract Negotiations, and general Real Estate Strategic Advisory.

Hala has authored more than 50 publications and speaks frequently at investment and hospitality related conferences on a range of topics including asset valuation, investments, management issues and women leadership.

In addition to being a Board Member of HVS Global, Hala sits on the Boards of Harvard Business School Club of the GCC, Hotel Investment Advisory Board, and is regularly invited to Boards as a subject matter expert in the industry. Hala is frequently invited to discuss hotel and tourism trends on major news channel including Alarabiya, Bloomberg, Abu Dhabi TV, Forbes, Breaking Travel News and CNN.

Hala is also a member of the International Society of Hospitality Consultants (ISHC). 

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.

Born in Beirut, Hala lived and worked in several cities across Europe, Asia and Middle East and is a mother of three.


For more information, contact Hala at [email protected].
Rish is a Director at HVS MEA. Prior to joining HVS, he held various managerial positions in luxury hotel operations, pre-opening, and project management. He has more than 15 years of experience in hotel realty across 35 countries and has successfully completed several strategic assignments for some of the best-in-class international hotel companies, brands, family businesses, and institutional investors in the hospitality sector. His hotel valuation experience spans business hotels, leisure resorts, luxury camps, and large international hotel portfolios. Rish holds a Bachelor of Business Administration degree and a First-Class Honors degree in Hotel Management from the University of Huddersfield. He is a Chartered Surveyor and a Member of the Royal Institute of Chartered Surveyors (MRICS). Contact Rish at [email protected].

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