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Key topics on hand at Arabian Hotel Investment Conference

Dubai - Future of the industry to be discussed

The Arabian Hotel Investment Conference, or Ahic, on Tuesday marked 12 years of offering an unrivalled platform for the hotel investment industry in the Middle East to discuss the future of the industry.
Organisers announced a range of facts to explain more about this year's event, which is held under the patronage of Shaikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Airports, President of the Dubai Civil Aviation Authority, Chairman of Emirates airline and Chief Executive of the Emirates Group.
In light of the political and economic challenges facing the hospitality industry globally and regionally, HVS Dubai will be sharing its annual publication for 2016 - "Middle East Hotel Survey, Sailing Through Rough Seas" - which covers a total of 42 cities and spans over a history of 20 years.
BLP's Mena Hotels Survey Results 2016 will offer insights from 200 hotel industry professionals from 25 countries who were surveyed in March this year.
Highlights from the findings include that 43 per cent of respondents believe that RevPAR will grow in the Middle East and North Africa and 74 per cent believe a third-party operator with a franchise brand could be a more profitable proposition for an owner, over a brand managed hotel.
"This year's event promises to be the most significant and successful for attendees to date," said Jonathan Worsley, chairman of Bench Events and co-founder of the Ahic.
"We have a diverse range of speakers who will offer exclusive insights and unveil new data for our industry as well as discussing hot topics such as oil price in relation to investment and how the industry should be delaying with the threat of terrorism and what that means for the world as a whole."
- business@khaleejtimes.com