Middle East to Drive Global Hospitality Expansion with $1.9 Trillion in Projects
The Middle East is poised to become a pivotal force in the global hospitality and residential sectors, with projects worth a staggering $1.9 trillion driving transformative growth, according to a report released ahead of a major industry conference.
Saudi Arabia, the UAE, and Egypt are leading this transformative wave, representing a substantial 90 percent of the total investment, equivalent to $1.7 trillion, as revealed in research conducted by real estate consultants Knight Frank.
These insights come ahead of the eagerly anticipated Future Hospitality Summit, scheduled to take place in Abu Dhabi from September 25 to 27.
The report highlights Saudi Arabia’s prominent position in regional investment, with projects valued at an impressive $1.2 trillion. The UAE and Egypt follow closely, with investments amounting to $300 billion and $200 billion, respectively.
These ventures reflect the Middle East’s ambitious aim of attracting 160 million tourists annually by 2030.
Turab Saleem, Partner and Head of Hospitality, Tourism, and Leisure for the Middle East and North Africa at Knight Frank, emphasized the region’s remarkable growth in the travel and tourism sector. In 2023, this sector saw a remarkable 46.9 percent increase in its contribution to the gross domestic product, the highest of any region worldwide.
Saleem noted, “This growth is being driven by a 14.5 percent increase in the number of jobs supported by the sector and a more than $107 billion increase in its overall contribution to the gross domestic product. Moreover, the sector has also created 0.9 million new jobs.”
Global commercial real estate experts Colliers also provided insights into the current landscape, revealing numerous advanced-stage negotiations in the hospitality sector. Several high-profile properties are poised for acquisition in the coming months.
James Wrenn, Executive Director and Head of Capital Markets, MENA, at Colliers, stated, “There’s a strong appetite for the hospitality asset class—particularly in Dubai and Ras Al Khaimah—from regional and international investors, buoyed by strong operating performance last year and the continued enhancement of the UAE as a top-tier international tourism destination.”
Hala Choufany, President of global hospitality consulting firm HVS, expressed optimism about the industry’s growth in the region.
Choufany said, “The number of quality hotel rooms in the region grew fivefold from about 100,000 in 2010 to 540,000 in 2022, with occupied room nights growing from 27 million to 135 million. An additional 180,000 keys are expected to enter the region over the next five years, which is forecast to increase occupied room nights to 184 million by 2028.”
She added, “Today, the Middle East is expected to achieve higher growth compared to other regions, presenting attractive financial returns and providing long-term investment opportunities.”
The upcoming Future Hospitality Summit in Abu Dhabi promises valuable insights from over 100 industry leaders who will delve deep into the investment opportunities within the region’s burgeoning tourism sector. The summit is being held under the theme “Focus on Investment,” and it is expected to be a pivotal event for the industry.
Nhwnki
stromectol where to buy – order carbamazepine 400mg pills order carbamazepine 200mg pill
January 1, 2025Kiwezy
accutane 20mg usa – isotretinoin 40mg drug order zyvox pill
January 14, 2025Qkwtwq
purchase amoxil pills – oral amoxil buy cheap ipratropium
January 15, 2025Qzisey
purchase azithromycin pills – order zithromax 250mg order generic nebivolol
January 27, 2025Uekdsj
omnacortil sale – order prometrium 200mg for sale order progesterone 100mg pills
January 30, 2025Bqosyx
neurontin order – neurontin tablets buy itraconazole online
February 7, 2025Bpmseb
order lasix 40mg online cheap – piracetam 800 mg cost betnovate where to buy
February 8, 2025Qcbllt
monodox online order – buy acticlate generic glipizide drug
February 13, 2025Jcbqek
buy augmentin 1000mg generic – purchase ketoconazole online cheap oral duloxetine 20mg
February 14, 2025Urvnrl
augmentin us – buy cheap clavulanate buy cymbalta 20mg generic
February 21, 2025Jcqsbn
order semaglutide 14 mg online – levitra online buy brand periactin
February 23, 2025Vebmyj
cialis walmart – cialis 20mg canada cheap viagra without prescription
March 3, 2025Hkduid
viagra 50mg without prescription – viagra 100mg over the counter buy tadalafil 20mg pill
March 3, 2025Xmjkkv
how to buy cenforce – buy metformin 1000mg pill order metformin 500mg pill
March 11, 2025Flwggg
how to buy atorvastatin – order norvasc 10mg generic lisinopril 2.5mg
March 13, 2025Nkgrrw
prilosec without prescription – omeprazole usa tenormin 100mg tablet
March 20, 2025Kboqsk
buy depo-medrol without prescription – order triamcinolone oral triamcinolone
March 25, 2025Uufdsy
clarinex for sale – purchase claritin for sale buy cheap priligy
March 27, 2025Hrwmti
misoprostol 200mcg for sale – buy cytotec generic diltiazem generic
March 29, 2025Hqxhur
zovirax 400mg ca – crestor 10mg usa generic crestor
April 4, 2025Daawcc
generic domperidone – motilium 10mg canada cyclobenzaprine 15mg generic
April 7, 2025Pnupzt
order domperidone 10mg pills – buy flexeril 15mg generic buy cyclobenzaprine without prescription
April 14, 2025Yybjyx
inderal generic – buy clopidogrel 75mg pills methotrexate 10mg for sale
April 15, 2025Ijbnoz
buy warfarin tablets – buy medex tablets purchase hyzaar without prescription
April 19, 2025Qovtyx
nexium where to buy – imitrex 50mg cost purchase sumatriptan pill
April 22, 2025Eurfsw
purchase levofloxacin without prescription – avodart drug buy ranitidine 300mg
April 22, 2025Yhuizy
buy mobic without a prescription – flomax over the counter flomax tablet
April 28, 2025canadian online pharmacy
Asking questions are genuinely nice thing if you are not understanding anything entirely, but this piece of writing presents good understanding yet.
May 2, 2025Zfvfnv
buy ondansetron 4mg – where to buy zofran without a prescription order zocor 20mg online cheap
May 15, 2025Zroisv
valtrex for sale online – oral diflucan 100mg fluconazole medication
May 16, 2025ywqoy
provigil without prescription buy generic provigil 200mg order provigil 200mg pills modafinil 200mg cheap modafinil 200mg us purchase modafinil pills order provigil 200mg online
May 31, 2025wmkfh
where can i get generic clomid pill buy clomid where to get cheap clomiphene no prescription buy generic clomiphene price can you buy generic clomiphene online can you get generic clomiphene prices buying cheap clomiphene price
June 7, 2025cheapest cialis in uk
This is a topic which is in to my heart… Numberless thanks! Exactly where can I lay one’s hands on the connection details an eye to questions?
June 9, 2025cheap cialis in usa
The thoroughness in this draft is noteworthy.
June 9, 2025can you drink on flagyl
More articles like this would pretence of the blogosphere richer.
June 10, 2025ciprofloxacin with flagyl
Facts blog you have here.. It’s hard to find elevated quality article like yours these days. I truly recognize individuals like you! Take mindfulness!!
June 10, 2025t65eo
purchase zithromax online cheap – where can i buy sumycin metronidazole 200mg brand
June 12, 2025zuatg
order zithromax 250mg sale – tetracycline online purchase flagyl for sale
June 12, 2025384gj
semaglutide 14mg tablet – buy periactin for sale purchase periactin without prescription
June 14, 2025ipvsw
purchase semaglutide online – brand semaglutide 14mg how to buy cyproheptadine
June 14, 2025c02na
buy cheap domperidone – buy flexeril online cyclobenzaprine pills
June 16, 2025ujgo0
buy domperidone 10mg generic – brand flexeril cyclobenzaprine over the counter
June 16, 2025xcy5s
buy inderal cheap – buy propranolol medication order methotrexate online cheap
June 18, 2025z9je7
cheap amoxil pills – combivent price combivent brand
June 21, 2025znjzw
cost azithromycin – buy generic bystolic for sale bystolic online buy
June 23, 2025hym02
order augmentin 375mg generic – https://atbioinfo.com/ order ampicillin pills
June 25, 2025hnb54
nexium cost – nexiumtous order nexium sale
June 26, 2025ej5iz
buy nexium paypal – https://anexamate.com/ buy nexium 40mg generic
June 27, 202579idr
buy coumadin medication – anticoagulant purchase losartan for sale
June 28, 2025lm3n7
coumadin cost – anticoagulant buy losartan medication
June 28, 2025zdsyn
buy meloxicam 15mg pill – moboxsin where to buy mobic without a prescription
June 30, 2025gtngk
order meloxicam without prescription – https://moboxsin.com/ mobic for sale
June 30, 2025569l2
deltasone 40mg usa – aprep lson order deltasone 20mg pills
July 2, 20259yg7v
order generic deltasone 20mg – https://apreplson.com/ cheap deltasone
July 2, 2025ftcyy
home remedies for ed erectile dysfunction – https://fastedtotake.com/ non prescription erection pills
July 3, 2025yr876
buy ed pills online usa – fastedtotake.com ed pills online
July 3, 2025bcjkz
amoxicillin pill – combamoxi amoxicillin cheap
July 4, 2025vr76u
generic amoxil – combamoxi buy amoxil for sale
July 4, 2025w4lal
buy diflucan without a prescription – fluconazole pill brand fluconazole
July 9, 2025wzwrr
order fluconazole generic – https://gpdifluca.com/ oral fluconazole 100mg
July 10, 2025ntxtd
lexapro online buy – on this site buy lexapro 20mg generic
July 10, 2025ps1tr
cenforce 100mg usa – https://cenforcers.com/ buy cenforce generic
July 11, 20257as6m
order cenforce 50mg generic – https://cenforcers.com/ buy cheap cenforce
July 11, 2025alu10
cialis from india online pharmacy – https://ciltadgn.com/# cialis and dapoxetime tabs in usa
July 12, 2025hiazn
cialis priligy online australia – https://ciltadgn.com/ canadian online pharmacy no prescription cialis dapoxetine
July 13, 2025rkvqn
cialis 20 mg how long does it take to work – https://strongtadafl.com/# cialis black 800 to buy in the uk one pill
July 14, 2025ConnieGuamy
order ranitidine pill – purchase zantac buy zantac pills
July 14, 2025ConnieGuamy
order ranitidine 150mg generic – https://aranitidine.com/# order ranitidine without prescription
July 14, 2025mebo1
online cialis prescription – site cialis san diego
July 15, 2025ycz90
viagra 50mg price costco – https://strongvpls.com/# order viagra mexico
July 16, 2025ConnieGuamy
More delight pieces like this would make the web better. on this site
July 16, 2025ConnieGuamy
The thoroughness in this section is noteworthy. como tomar fildena 50
July 16, 2025lfw7k
viagra for cheap online – https://strongvpls.com/# sildenafil citrate 50mg cost
July 17, 2025Alan George Patel
I learned a lot from this.
July 17, 2025a62ww
Proof blog you be undergoing here.. It’s severely to espy high quality writing like yours these days. I really recognize individuals like you! Withstand guardianship!! order accutane cheap
July 18, 20250qhyy
Thanks recompense sharing. It’s first quality. gabapentin online order
July 19, 2025ConnieGuamy
Facts blog you possess here.. It’s intricate to assign high worth script like yours these days. I honestly appreciate individuals like you! Withstand care!! https://ursxdol.com/get-cialis-professional/
July 19, 2025ConnieGuamy
With thanks. Loads of conception! https://ursxdol.com/azithromycin-pill-online/
July 19, 20259hgzq
I’ll certainly bring to skim more. https://prohnrg.com/product/omeprazole-20-mg/
July 21, 2025v3qdc
This is a keynote which is forthcoming to my callousness… Many thanks! Quite where can I lay one’s hands on the connection details in the course of questions? https://aranitidine.com/fr/sibelium/
July 24, 2025iog4l
This is the tolerant of advise I unearth helpful. xenical pour maigrir
July 24, 2025ConnieGuamy
I’ll certainly bring back to skim more. https://ondactone.com/product/domperidone/
August 4, 2025ConnieGuamy
This is the gentle of criticism I positively appreciate. https://ondactone.com/spironolactone/
August 5, 2025ConnieGuamy
This is the kind of advise I find helpful.
August 7, 2025inderal over the counter
ConnieGuamy
The thoroughness in this piece is noteworthy.
August 8, 2025https://proisotrepl.com/product/baclofen/
ConnieGuamy
Greetings! Utter productive par‘nesis within this article! It’s the crumb changes which wish turn the largest changes. Thanks a portion quest of sharing! http://www.orlandogamers.org/forum/member.php?action=profile&uid=28882
August 14, 2025ConnieGuamy
This is a keynote which is virtually to my verve… Many thanks! Faithfully where can I find the acquaintance details in the course of questions? https://sportavesti.ru/forums/users/fdzse-2/
August 17, 2025ConnieGuamy
buy forxiga 10 mg generic – https://janozin.com/# buy forxiga 10mg
August 21, 2025ConnieGuamy
dapagliflozin 10mg cost – https://janozin.com/ buy dapagliflozin pills
August 22, 2025ConnieGuamy
buy orlistat tablets – this where can i buy xenical
August 24, 2025ConnieGuamy
where can i buy orlistat – https://asacostat.com/ where can i buy xenical
August 25, 2025ConnieGuamy
This is the kind of literature I in fact appreciate. http://bbs.51pinzhi.cn/home.php?mod=space&uid=7112307
August 29, 2025ConnieGuamy
Thanks for putting this up. It’s understandably done. http://bbs.yongrenqianyou.com/home.php?mod=space&uid=4277897&do=profile
August 31, 2025JerryEvast
Эта статья сочетает познавательный и занимательный контент, что делает ее идеальной для любителей глубоких исследований. Мы рассмотрим увлекательные аспекты различных тем и предоставим вам новые знания, которые могут оказаться полезными в будущем.
September 18, 2025Получить больше информации – https://quick-vyvod-iz-zapoya-1.ru/
QzdiJog
You can shelter yourself and your dearest by way of being wary when buying pharmaceutical online. Some pharmaceutics websites control legally and provide convenience, reclusion, rate savings and safeguards as a replacement for purchasing medicines. buy in TerbinaPharmacy https://terbinafines.com/product/cozaar.html cozaar
October 8, 2025TqcoJog
You can conserve yourself and your ancestors nearby being heedful when buying pharmaceutical online. Some pharmaceutics websites manipulate legally and provide convenience, privacy, rate savings and safeguards as a replacement for purchasing medicines. buy in TerbinaPharmacy https://terbinafines.com/product/arimidex.html arimidex
October 8, 2025