Industry Update
Opinion Article 6 May 2014

Middle East Hotel Survey 2014 Edition Fast Forward and Rewind

By Hala Matar Choufany

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Matar Choufany

In 2013, the Middle East region continued to witness turmoil & instability, at the same time, it achieved historical milestones. While some of the countries endure chaos, others manage to capitalize on their stability, reporting unprecedented growth. The Middle East Hotel Survey 2014 Edition strives to constitute a reference guide by offering a comprehensive analysis of the overall economic performance of the region, with particular focus on the tourism industry. Our tourism analysis is based on data originating from 467 established hotels(excluding newly opened hotels) in the region, representing roughly 127,000 rooms; an increase of 7% over 2013 participating hotels. In addition to the Middle East selected countries, our analysis incorporates, where available, supply, pipeline and hotel performance analysis originating from Turkey and Egypt.

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Middle East Hotel Survey 2014 Edition Fast Forward and Rewind

In 2013, the Middle East region continued to witness turmoil & instability, at the same time, it achieved historical milestones. While some of the countries endure chaos, others manage to capitalize on their stability, reporting unprecedented growth.
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Hala Matar Choufany

Hala Matar Choufany, MRICS is the Managing Director of HVS Dubai and is responsible for the firm's valuation and consulting work in the Middle East and North Africa. Since joining HVS, she has worked on several mid and large scale mixed use developments and conducted numerous valuations, feasibility studies, operator search, strategy advice, return on investment and market studies in Europe, MENA and Asia.

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    About HVS

    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.

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