Hotel Online
News for the Hospitality Executive

advertisement


Agenda for Arabian Hotel Investment Conference (AHIC 2013) to Include
Industry Leader Panel Discussion on Global Hotel Industry Outlook and
a Round Up On WTTC’s Summit Outcomes
 
Dubai, UAE 08 April 2013: AHIC 2013 organised by MEED and Bench Events, and taking place at the Madinat Jumeirah from 5-6 May 2013, is going to look at the broader outlook of the global hotels industry, as well as the impact of the changing world economy and growing population on hospitality, at two of its primary panel discussions this year.

Combining industry leaders from all over the world, including Yann Caillere, President and Chief Operating Officer of ACCOR, Eric Danziger, President and CEO of Wyndham Hotel Group, Jennifer Fox, President at Fairmont Hotels and Resorts, William E. Heinecke, Chairman and CEO at Anantara, Minor International PCL and Wolfgang M. Neumann, President and CEO of The Rezidor Hotel Group, the ‘Global Leaders’ panel discussion will examine the key drivers of growth and change for the industry, as well as the key opportunities to be aware of around the world.

According to latest analysis and studies, the industry is in recovery and should continue barring any unforeseen events, and performance is expected to remain strong, where consumers are travelling more and longer. Hoteliers are seeing improved occupancy and rates in major markets, including the Middle East, Africa, Latin America and China, where areas like the Middle East and Latin America are in a good position for growth because of increasing demand, and China is still proving to be one of the world’s fastest growing markets. The Gross Domestic Product (GDP) per capita in China is forecast to more than double between 2010 and 2015, providing the population with greater disposable income to spend on hospitality.

Yann Caillere, President and COO of Accor comments, saying: “The geography of the hospitality industry is changing fast with growth drivers coming from Asia-Pacific, Middle-East, Africa, Latin America, offering many opportunities in terms of expansion. At Accor, we already have 77% of our pipeline in those key regions. The sector is also facing two major challenges; these are the need for stronger brands with greater client segmentation and the need for powerful distribution systems, on a market with many actors.

He continues: “We offer our hotel partners both, with a perfectly shaped brand portfolio to respond to all clients’ needs and constant innovation in our distribution systems with for instance revamped booking mobile applications and the recent launch of 'Inspiration', a website to help travellers find their perfect destination.”

There is a growing optimism among industry veterans and many of them are revitalizing acquisition, and a few development projects. Hotel owners internationally are turning to global brands, where they see the industry set for continuing improvement in hotel industry fundamentals and hotel valuations for at least 5 years - through 2017. This presents a very attractive backdrop for investors, who have already putting their plans in motion.

Eric Danziger, President and CEO of Wyndham Hotel Group says: “We’re seeing robust opportunities for development in the region – it has become an integral part of global companies’ expansion strategies and hotel owners are showing great interest in branded hotels.”

He adds: “Factors like infrastructure development, domestic travel and financial stability throughout the region are driving demand for more quality lodging in currently under-served segments. The region poses an exciting and unique business and tourism opportunity."

Moreover, studies show that the next five years will herald the era of a consumer-led brand focus for the hospitality industry. Consumers are changing faster than ever in both attitude and behaviour. Adoption of the right strategy presents the Middle East region with an opportunity to be a game changer in the global tourism industry. Whilst much of the development until recently has focused on the upscale and luxury market, the greatest potential in these markets lies in the growth of branded mid-market and budget product aimed primarily at the domestic traveller.

In line with that, another key highlight of AHIC this year is the special round up session that will be held during the conference, on the main industry trends that emerged from WTTC’s Global Travel and Tourism Summit in Abu Dhabi. The panel has been dedicated to look on what the travel and tourism leaders saying about the hurdles and prospects for the industry and the key indicators for the sector for the next five years. The round up will be headed by Geoffrey Breeze, Executive Director of World Travel & Tourism Council (WTTC) and in conversation with Gary Chapman, President Group Services & DNATA, Emirates Group, Paul Griffiths, Chief Executive Officer, Dubai Airports and Gerald Lawless, President & Group CEO, Jumeirah Group.

AHIC 2013
will include key participants such as Carlson Rezidor Hotel Group, IHG, Jumeirah Group, Corinthia Hotels, Hilton Worldwide, IFA Hotel Investments, Marriott International, SMIT, Starwood Hotels and Resorts Worldwide, Wyndham Worldwide, ACCOR, Aecom, Argentina National Institute of Tourism Promotion, Citymax Hotels, Digivalet, Ernst & Young, Fairmont Hotel & Resorts, Golden Tulip Hotels MENA, HVS, JA Resorts & Hotels, Jones Lang LaSalle, Kenya Tourist Development Corporation, Melia Hotels International, Minor International PCL, Moroccan Agency for Tourism Development, Orient Express Hotels, Premier Inn, Quadriga, Raffles Hotels & Resorts, Saudi Commission for Tourism & Antiquities, STR Global, Turnkey Ventures and WATG.

Bench Events

Bench Events has a long track record in hosting the premier hotel investment events in Europe and the Middle East. Bench Events’ Chairman, Jonathan Worsley, is one of the organisers and founders of the highly successful International Hotel Investment Forum now in its thirteenth year (www.berlinconference.com). In 2005, he was responsible for launching the Arabian Hotel Investment Conference in Dubai (www.arabianconference.com); in 2008 launched the Russia & CIS Hotel Investment Conference (www.russia-cisconference.com) and in 2011 will premier the Central Asia and Turkey Hotel Investment Conference (www.cathic.com).  Bench Events’ sister company, JW Bench, is a benchmarking company that has successfully launched the Conference Bench and the Productivity Bench. An industry first, the Conference Bench, measures performance data for conference and banqueting space in 10 cities throughout Europe and the Middle East. www.benchevents.com

About MEED

For 50 years business leaders have been relying on MEED (Middle East Economic Digest) to give them a wealth of factual, unbiased business information that they need to be successful. The MEED brand represents an unrivalled portfolio of high calibre business information products, online services and premier networking events.

MEED Conferences is part of the leading information brand in the Middle East working to provide delegates with the very latest business sensitive information. Over the past 12 years, MEED Conferences has organised events attended by senior government officials and thousands of international business people. The conference series is aimed at companies actively seeking business in the markets of the Middle East. MEED is well established as the source of strategic and accurate regional information placing it in a unique position to bring together high-calibre speakers. www.meed.com
.
Contact:

Rosemary Youssef
+971 50 354 8805
[email protected]


.
Receive Your Hospitality Industry Headlines via Email for Free! Subscribe Here

 
To Learn More About Your News Being Published on Hotel-Online Inquire Here

Also See: Organizers of Arabian Hotel Investment Conference (AHIC 2013) Highlight Qatar’s Rapidly Growing Hotel Market in a Regional Briefing in Doha / March 2013

Khalaf Al Habtoor to be Awarded with Lifetime Achievement Award at Arabian Hotel Investment Conference; AHIC 2013 To Occur May 4-6, 2013 in Dubai / March 2013

Dubai Top Hotel Market Performance and African Countries’ Risks to be Discussed at Arabian Hotel Investment Conference; Agenda Set for AHIC 2013 to Occur May 4-6, 2013 in Dubai / March 2013

In Preparation for the Arabian Hotel Investment Conference (AHIC 2013) Organizers Hold Briefings to Discuss Key Industry Updates and Statistics for the Saudi Arabian Hotel Market; AHIC 2013 to Occur May 4-6, 2013 / February 2013

Arabian Hotel Investment Conference (AHIC) 2011 Presents His Highness Sheikh Ahmed Bin Saeed Al Maktoum with Their Inaugural ‘Outstanding Achievement Award’ and Gerald Lawless with Their ‘Leadership Award’ / May 2011

Arabian Hotel Investment Conference (AHIC 2011) Highlights Growth Potential in Saudi Hotel Market Indicating a Need for 230,000 Hotel Rooms By 2020 To Meet Tourism Demands / April 2011

Arabian Hotel Investment Conference Speakers Indicate the Hospitality Industry will Continue to Lead Recovery in United Arab Emirates in 2011 / March 2011

Arabian Hotel Investment Conference (AHIC 2011) to Feature Hotel Industry Leaders Discussions on Impact of Ongoing Political Change in the MENA Region / March 2011


To search Hotel Online data base of News and Trends Go to Hotel.OnlineSearch

Home | Welcome| Hospitality News |
Industry Resources

Please contact Hotel.Online with your comments and suggestions.