Roya International sponsors Arabian Hotel Investment Conference (AHIC 2014)
Roya International will be sponsoring this year’s 10th annual Arabian Hotel Investment Conference which will be held May 4th and 5th in Dubai.
Roya International has come a long way from its early beginnings, from a two man team in 1998, to becoming the largest hospitality consulting firm in the Middle East. The firm, currently boasts a team of over 50 industry professionals who offer years of regional and international hands-on hospitality and development expertise.
Based in Dubai, the heart of one of the world’s most sought after tourism destinations, Roya International is, by far, the most renowned hospitality consultancy firm in the region. In its fifteen years consulting for the industry, Roya aided in the development of over 50 billion Dirhams worth of projects, secured over 80 hotel management agreements, introduced more than 10 new brands to the region and asset manages over 15 hotels in the Middle East with no signs of slowing down.
This 15 year milestone marks a great time for the firm’s core business: Roya is currently involved in over fifty projects both regionally and internationally with most projects in its local UAE, with a significant footprint in neighbouring KSA, Qatar and mandates as far afield as London and the Seychelles.
The recent expo 2020 announcement has reaffirmed Roya’s expansion plans as an increase in investor activity is foreseen to accommodate a spike in visitor numbers. Business Development Director, Rabih Feghali, confirms the hotel market is on the brink of a growth spurt, stating “The hotel development arena is experiencing a renaissance on several fronts. Halted projects are being dusted off and examined for current market relevance and efficiency. This is a crucial exercise to undertake at this juncture in order to keep up with the times. We are also working with a number of international real estate investors who have committed to developing hotels in the region – this can only gain more traction with the government’s announcement of the creation of aone stop shop to streamline hotel investments in Dubai.”
Roya International’s CEO, Mr. Kees Hartzuiker shares Mr. Feghali’s relentless optimism, “Since its establishment in 1998, Roya International has played an integral role in the development of the hospitality industry in the region. Currently, we are busier than we have ever been with an overwhelming number of projects being confirmed in gearing up for the foreseen rise of tourism destinations in the region. This upsurge in activity is extremely exciting for us and the company aspires to go from strength to strength, progressively partaking in the modelling of the hospitality industry in the middle east.”