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Middle East Hotel Market: Year-end 2019 review & near-term outlook
Friday, 3rd January 2020
Source : HVS

It is amidst a turbulent economic outlook and political instability that the region continues to diversify its economic reliance on oil production and to commit large investments on tourism and non-oil related sectors.

The Middle East region continues to face distraught on the back of ongoing political conflicts and a fragile energy sector.

The region has undergone a range of socio-political and economic shifts that have undoubtedly continued to impose ramifications pertaining to the ME hotel industry.

As primary markets continue to mature and become saturated with four- and five-star hotels, and as secondary markets begin to progress, supported by improved modes of accessibility and infrastructure development, the Middle East will continue to present attractive investment opportunities.

Learn more about the Middle East Hotel Industry Outlook.

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