Our views around the world reflect early optimism for 2025, with the anticipation of stronger transaction activity and modestly improving hotel metrics in most regions.
The Middle East's luxury hotel market is expanding, fueled by economic diversification and a growing population of high-net-worth individuals. Key destinations like the UAE, Saudi Arabia, and Qatar are experiencing significant development in luxury accommodations. However, potential oversupply in major cities could affect room rates and occupancy. The outlook remains positive, supported by continued investment in unique, high-end experiences.
Snapshot of the Berlin hotel market in 2024 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.
Hala's contribution as one of the leading world experts in the "Business and Management Collection" from Henry Stewart Talks on the topic of Hospitality in the Middle East
Watch Hala Matar Choufany's discussion about the region's development of hotels, the existing challenges, and opportunities, at the 2023 Future Hospitality Summit
Our team of experts has gathered invaluable insights, best practices, and case studies from the forefront of hotel development which forms the basis of our cost indication. Collectively, Hala Matar Choufany and Filippo Sona have advised on more than 10,000 hotel projects in the region, bringing tremendous experience, and unparalleled insights into hotel development costs and recent trends in the industry.
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. Hala Matar Choufany, president, HVS Middle East, Africa and South Asia, maps out the openings and challenges, and crunches the numbers.
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.
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.
European hotel values rise 3% in 2022 in what proved a mixed year for the sector. Read more in our latest European Hotel Valuation Index.