MENA HOTEL INVESTMENT TO OVERSTEP US$14bn IN 2018
The Arabian Hotel Investment Conference (AHIC) is foreseeing substantial opportunities for hotel investors, targeting the Middle East in light of new data, which predicts that more than US$14bn worth of hotel construction contracts will be conferred in 2018. According to MEED Projects, a partner of AHIC 2018, new hotel investment’s value in the MENA region could reach a record high in 2018. MEED Projects executive and analysis director Ed James stated that after a relatively modest 2017 up to end of November «which has seen US$5.45bn worth of new hotel construction contracts awarded», the value of …
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