A fresh perspective is sometimes needed to see real opportunity and potential, and that is what Layia Hospitality aims to bring to the educational and networking event at AHIC.
Managing partner Daniel Hajjar of the hotel management company will join fellow industry experts in a panel discussion entitled “The Dubai Bubble? A Review of the Pipeline and Demand Generators” on May 4.
“The market in Dubai has proved to be sustainable and, with the Government’s assurances that tourism is here to stay, now is the right time to invest in hospitality. However, you have to keep in mind that the exceptional returns owners are enjoying today may not last forever, but will ultimately come to a reasonable yet healthy level of return” said Hajjar.
The Dubai Bubble session will engage the experts’ views on the likely performance of the hotel market in the next 10 years. Philip Camble, director of Cushmans and Wakefield Hospitality, will moderate the discussion.
Layia Hospitality already has eight properties signed and is in advanced negotiations for seven more developments, proving that now is the time for new companies to be making a name for themselves in the Middle East’s hotels arena.
Three distinct brands will make up the Layia Hospitality portfolio: Layia Hotels, Living Courts and a three star hotel brand. Layia Hotels contains three elements: Layia Hotels, Layia Hotel Apartments and Layia Serviced Villas. Properties trading under the Layia Hospitality brand will be four- and five-star rated.
The company’s first property, Living Courts Crystal, opened at The Greens in February, while its first hotel project will open at TECOM - Dubai this summer.
TTN is the most established trade publication in the Middle East distributed on a controlled circulation basis to members of the travel and tourism industry.
Published monthly by Al Hilal Publishing and Marketing Group, the region’s foremost trade publisher, TTN is aimed at professionals in the industry, from travel agents to airline and hotel personnel.
TTN provides in-depth and extensive coverage of relevant issues in the Middle East and North Africa as well as in other parts of the world. Travel related news, analysis, and new appointments together with information on up-coming exhibitions, marketing and promotional campaigns are presented in an innovative and striking colour tabloid.
Every issue also contains a collation of international and regional news and topical features of interest to readers.