Destinations

“Manufactured” boutique hotels taking off in Middle East

Excerpt from HotelNewsNow

Apr 01, 2013 11:24 am

Boutique hotels are an “emerging opportunity” in the Middle East, said Hannes Schied, managing director and international liaison partner for Horwath HTL. Luxury brands are pervasive throughout the region…Schied said investors view these “manufactured boutique” hotels as safer plays than small, independent boutiques, which have yet to find their footing. He pointed to brands Armani Hotels & Resorts, Hotel Missoni by the Rezidor Hotel Group and the W Hotels by Starwood Hotels as examples.

The market is not mature enough for independent hotels, Hala Matar Choufany, managing director of HVS Dubai, said.

Read the Complete Story →

Tags:

Next Up

More on Skift

Daily Travel Startup Watch: lokeel, Tipsandgo And More
Daily Travel Startup Watch: Facebooking.org, Get Out and More
A Google Glass App for Flight Attendants on Private Jets
Free Webinar: The Rise of the Silent Traveler