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That is an Expert question.
I strongly agree with Mr. Khan. Middle East is becoming one of the world's biggest gates serving the hospitality sector. A new concept of hospitality will be created once combining hospitality with Islamic ethics.
The future is there.
good luck investing!
As per the UAE Goverment , hospitality industry is booming up within span year of EXPO2020, is devoloping with Ecotourism with a sustainable environment, UAE is a country of leisure and full of enthusiasm, respected as one of the world favorite destination for the tourist .Investing for hospitality industry in UNITED ARAB EMIRATES is a growth to the nation of UAE,and to adopt ownself to be a HOTELIER .
Not just in Middle East but all over the World hospitality business is beneficial. from small restaurant to large hotel. you are definitely going to earn profit. because people never stop eating. once they not going to purchase other things but without eating no one can remain alive. food is an essential things to remain alive for everyone in the world. even though before investing in hospitality you should take the servey of area / place where you are going to established your property. business hubs near by your property, spending power of local people, expected average business for every day, your competitor and their business strategy etc..
It is beneficial to invest in a Hospitality Business in Middle East simply because everybody are craving for a service that they don't receive at home. Everybody loves to dine outside, sleep in the hotel and celebrate outside so i think hospitality industry is one of the booming industry especially today..
middle east Became the center of the World these days, in every point of view , people comes here from any part of the glob, and Hospitality is the only business nowadays that goes up and up these days , so its a good idea to invest in middle east ,
Middle East have become a great tourism destination which shall effect the economy for the country.
The Middle East has one of the fastest growing economies in the world. It has indeed become one of the most sought after locations for business today. More and more travellers both for business and leisure are craving today to visit this " New World".
Destination is a vital factor for the success of a hospitality venture.....a location which could offer the traveller an aura of splendour, diverse cultures, opportunity for adventure, fun and the sun and the enchantment of the ancient.
The Middle East lends the traveller the mystical magic to explore and to see and believe!!!
according to my opinion,in Middle East has a vital role in the development and further advancement of the hospitality & leisure industry and of the businesses and organisations functioning in this sector. ... Project finance planning & development modeling; Pre-opening project ... A taste of growth - The ME and Africa road to profitability in this decade is open to all hotels ... now think of unique ways to entice people to enter the Middle East hospitality industry.
The Middle East has been a foundation stone of Islam it could be very importent to explore new vistas of business opportunity.
These could be Saudi Arabia, Oman jordan pelestanian etc...
Since UAE is a Tourist place, financial hub and center of the world now for majority of the countries. In this perspective specially hospitally is very very important in Middle East. Now a days when Dubai is inviting multinational compnaies, VVIPS's world leaders, enterpreneaurs, CEO's, celebritites and sports person its is very necessary to maintain the hispitality concept and hospitality industry presence.