Oil crisis enables hospitality revolution | ehotelier.com

The Kingdom of Saudi Arabia is on the brink of a revolution. This revolution will be neither political nor ideological. Instead, it will come in the form of keys — hundreds of them, representing millions of dollars’ worth of investment. In the wake of plummeting oil prices resulting from the uneasy mixture of oversupply and tightening Chinese demand, one could be forgiven for believing that the Kingdom’s economy is approaching a state of...