BRIC nations drive Hotel Sector in West Asia Region

Asia and South America are drivers in place of growth in the lodge sector in West Asia, particularly in place of Dubai, someplace demand is solitary some degree of by the quantity of to be had airline seats, senior lodge officials maintain thought.

Porcelain and India were cited as the type to opportunity spreading out in the sector, while others thought with the aim of topical measures had demonstrated the belongings of the statistics game.

Marc-François Dardenne, the first in command of Emaar Hotels & Resorts, thought it was not solitary porcelain, but other emerging markets with the aim of would sustain development in the opportunity.

"We are targeting countries closer to mother country in the basic illustration -- the GCC and India -- but will be setting up sales offices in porcelain and after that look by the side of Brazil and Africa as source markets," he thought.

Delegates by the side of the summit were in agreement with the aim of airlines such as Emirates, Etihad and Qatar Airways would fuel development of the region by fulfilling the cross-roads description of the region.

The West Asia's geographical location is undoubtedly single of its major strengths, only if a natural link sandwiched between the East and West. Moreover, its access to Russian and Indian markets specifically gives the region a strategic improvement.

Questioning whether lodge tax in the region would continue prohibitive, the experts agreed with the aim of spreading out of three-and four-star hotels in nearly everyone markets would give out to power down usual on a daily basis tax (ADR), which maintain remained between the world's nearly everyone expensive in place of many regional cities.

"For the basic quarter in 2011, usual occupancies in Dubai hotels were back beyond the 80% mark and while usual on a daily basis tax maintain taken a plunge, they still exceed $200," thought summit moderator Jalil Mekouar, MD-Hotels, Jones Lang LaSalle, pointing barred this was more than in Hong Kong, Paris, New York and London.