2013 Middle East Hotel Survey Maximum Supportable Investments
By Hala Matar Choufany, President for HVS Middle East, Africa & South Asia and Managing Partner of HVS Dubai
The 2013 edition of the Middle East Hotel Survey presents the conventional, key performance indicators (KPIs) as achieved in the various cities and destinations throughout the region, and provides an overview of the development pipeline for hospitality assets. This year's report features the aggregate of KPIs based on 436 hotels, representing roughly 115,000 rooms in 45 cities, which represents an estimated increase of 10.6% in terms of rooms. Moreover, the 2013 edition of the hotel survey provides an indication of the maximum supportable investment that an owner or an organisation ought to budget when developing a hospitality product. A number of key assumptions were involved in the preparation of the maximum supportable investment, the details of which are articulated throughout this report.
2013 Middle East Hotel Survey Maximum Supportable Investments | By Rico Picenoni and Hala Matar Choufany
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HVS is a leader in global hospitality financial consulting. Hotel owners, developers, investors, lenders, management companies, and public agencies around the world rely on HVS to make informed business decisions. HVS's commitment to excellence and unrivalled hospitality intelligence is delivered by more than 300 people in over 50 offices throughout the world who specialize in a wide range of hospitality assets including hotels, restaurants, casinos, shared ownership lodging, mixed-use developments, spas, and golf courses, as well as conventions, sports, and entertainment facilities. For more information about HVS visit https://hvs.com.