Wales Tourism and Visit Planning

Hotel meet reinforces Mid East growth

Holiday In Wales With the biggest turnout yet, the Arabian Hotel Investment Conference is kicking off, highlighting the scale of development and interest in the Middle East's hospitality sector.

The more peaceful countries of the Middle East, especially on the Arabian Peninsula, have enjoyed a massive surge in tourism over recent years. Major growth and development in the creation of stunning hotels has been particularly prevalent in Bahrain, Kuwait, and Dubai thanks to booming economies, and there are a number of large scale hotel projects scheduled up until 2010 that are to set to take luxury travelling to a whole new level.

Holiday Wales Over 800 delegates and 120 industry leaders from 46 nationalities met at the second Arabian Hotel Investment Conference in the Madinat Jumeirah hotel in Dubai.

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Cottage Holiday In Wales "The region has created a marvelous vision. In total 50 percent of the world's cranes are in Dubai. But is development in the region sustainable or is it a mirage?" said Jonathan Worsley, conference coordinator at the opening of the summit.

London recorded the lowest growth rate of all the regions of the UK last year, according to the Office for National Statistics. The capital's economy grew at a rate of 2.6 per cent, with every other region of the UK reporting a five to six per cent increase. Regions such as East Midlands rose by 6.3 per cent, whilst in Wales and Scotland growth rates were up by six per cent.

Caravan Holiday In Wales The question was reiterated by Jeff Weinstein, editor of HOTELS magazine, "There will also be a dozen new hotel and property investment opportunities being announcerd at Arabian Travel Market"

The Clarion Hotel and Conference Center, which formerly operated as a Sheraton Four Points Hotel, is owned and operated by Growth Properties, Inc. of Philadelphia, Pa. "The Clarion Hotel & Conference Center offers a suburban setting with urban accessibility and a convenient location for corporate and leisure travelers in the Mid Atlantic States, " said June Seminario, the hotel's general manager.

Camping Holiday Wales "But are we experiencing 'irrational exuberance' in terms of investment -- in the words of Alan Greenspan?"

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Accommodation Holiday Wales Vast liquidity, boosted by high oil prices and a rise in regional consumer spending indicates that -- yes -- hotel and hospitality investments in the GCC region is sustainable, this was the consensus among panel speakers and discussion leaders at the conference.

Holiday Last Minute Wales Delegates are attending the conference, which runs until May 1, in order to find potential clients, identify opportunities for investment in the hotel sector and network.

Catering Holiday Self Wales "Growth in the region is over five percent and looks sustainable. The question is - how will people spend the money is the question," says Daniel Thorniley of the Economic Intelligence Unit.

Holiday Wales Walking "The outlook for Arab-Arab tourism and western tourism to the GCC looks good."

Family Holiday Wales The potential for Egypt, Libya and Turkey in the hotel investment sector was highlighted. But the "jewel in the crown"

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