What's Driving Growth in the GCC's Hospitality Sector

The video discusses the hospitality market in the UAE, highlighting the resilience in occupancy levels despite a decline in average daily rates (ADR) due to increased hotel supply. It explores opportunities in new markets like Eastern Europe and challenges from price wars. Strategies for cost management and innovation are emphasized, including expanding into new geographic locations such as Iran and Africa. The impact of Airbnb on the hotel industry and the potential in Saudi Arabia's market are also discussed.

What are the future plans for Rotana in terms of expansion?

How is Airbnb impacting the hotel business in Abu Dhabi and Dubai?

What potential does the hotel market in Saudi Arabia hold according to the discussion?