Tuesday, July 17, 2018
Directory Directory Subscribe
Login
 

MENA hotel investments to exceed US$14 billion in 2018

 
 

Please, enter data

Please, enter data

Hotelier Middle East, 18 December 2017

MEED Projects predicts that more than US$14bn worth of hotel construction contracts will be awarded in 2018.
 
According to MEED Projects, a partner of AHIC 2018, the value of new hotel investments in the MENA region could hit a record high in 2018.
 
MEED Projects director of content and analysis Ed James said in a statement: "After a relatively subdued 2017 up to end of November which has seen US$5.45bn worth of new hotel construction contracts awarded, the value of hotels due to be awarded next year is more than $14bn. This total would comfortably exceed the US$8.5bn awarded in 2016 and the previous record of $11.9bn awarded in 2015."
 
James added that investment in hotels will comprise about 7% of the total US$200bn scheduled projects spending in the MENA region next year. UAE is reported to be the largest market with $8.4bn worth of contracts, followed by Saudi Arabia at $1.9bn.
 
Hotelier Middle East
18 December
  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

Lebanon turns to wind farms for electricity
The Daily Star, 17 July 2018

Caretaker Energy Minister Cesar Abi Khalil said on Monday that his ministry has signed an agreement with the private sector in Lebanon to buy electricity from the ...

Read full story
Lebanon turns to wind farms for electricity
Lusail Plaza towers to be completed on schedule
The Peninsula, 16 July 2018

The Lusail Plaza towers, the upcoming iconic towers in the ‘heart of Lusail City’, are expected to be completed on schedule. The developmental works on ...

Read full story
Lusail Plaza towers to be completed on schedule
Egypt explores economic program at UN forum
Egypt Today, 16 July 2018

Egypt on Monday took part in the opening session of a high-level ministerial forum of the UN Economic and Social Council, currently held in New York.

Read full story
Egypt explores economic program at UN forum
Schneider Electric showcases EcoStruxure solutions at Project Lebanon 2018
ifpinfo, 16 July 2018

Schneider Electric is a leading international company specializing in digital transformation of energy management and automation in homes, buildings, data centers, ...

Read full story
Schneider Electric showcases EcoStruxure solutions at Project Lebanon 2018
Back to Home Page 1113 --- 0 <><><> 161.5.....exvideo=0....eximage=0
P -1
BR 0

 
Entertainment KSA
3 - September 2018
The 2nd Annual Digital Transformation Summit
17 - September 2018
Future Traffic Security
24 - September 2018
Future Civil Defense
24 - September 2018
Global Road & Traffic Safety Forum - Abu Dhabi
24 - September 2018
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  Iraq Agrofood Baghdad - 8 October - 11 October 2018  
  Project Iraq Baghdad - 8 October - 11 October 2018  
  Hospitality Qatar - 6 November - 8 November 2018  
  HQ - Food Qatar - 6 November - 8 November 2018  
  Food Africa Cairo - 8 December - 10 December 2018  
  Mac Fruit Attraction - 8 December - 10 December 2018  
  Project Qatar - 29 April - 1 May 2019  
  Beirut Boat - 30 April - 4 May 2019  
IFP Group Events Calendar

Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Beirut Boat
Qatar
Hospitality Qatar
HQ - Food Qatar
Project Qatar
Iraq
Iraq Agrofood Baghdad
Project Iraq Baghdad
Saudi Arabia
Riyadh Motor Show
 
 
  IMC
IFP Group 2018 - © All rights reserved