Hospitality Asset Managers Association (“HAMA”) Hosts 2017 Global Summit in Dubai
ATLANTA, Ga. -- Officials of the Hospitality Asset Managers Association ("HAMA") today announced the successful conclusion of its third-annual 2017 Global Summit hosted in Dubai at the Jumeirah Emirates Tower. The presidents of the U.S., MEA, European and Asia Pacific chapters all were in attendance and met with Mauricio Ventura, the Costa Rican minister of tourism.
The next meeting will take place in the Asian Pacific during Spring 2018, and the 2019 summit is scheduled to take place in China.
HAMA members are involved in asset management, acquisition, financing and disposition of hotels and resorts and are directly responsible for making decisions concerning capital investments, renovations, asset repositioning, operational policies and management selection. Its U.S. members represent more than 3,500 hotels and resorts across every major brand, accounting for 775,000 hotel rooms, 250,000 employees, $40 billion in annual revenue and $3 billion in capital expenditures.