2017 Middle East Hotel Survey – Chaos, Consolidation & Opportunity

The region continues to face distraught; dwindling economic conditions, changing demographics and source markets, and a saturation of luxury hotels pose an opportunity for developers to build mid-market.

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Aaron Laurie is a one year intern with HVS Canada splitting his internship between both the Toronto and Vancouver offices. He is currently enrolled as a third year student at the University of Guelph, working to earn his Bachelor of Commerce degree majoring in Hotel & Food Administration.

Hala Matar Choufany is the Managing Partner of HVS Dubai and is responsible for the firm's valuation and consulting work in the Middle East and Africa.

HVS is the world's leading consulting and services organization focused on the hotel, restaurant, shared ownership, gaming, and leisure industries. Established in 1980, the company performs more than 2,000 assignments per year for virtually every major industry participant. HVS principals are regarded as the leading professionals in their respective regions of the globe.