Swiss-Belhotel International has identified GCC as its primary development industry in the MENA area. Unveiling the group’s expansion technique at the Arabian Travel Market (ATM) Laurent A Voivenel, senior vice president, Operations and Development for the Middle East, Africa and India, Swiss-Belhotel International, stated, “Geographically speaking, our key focus is to expand and reinforce our position in the GCC through strong organic growth with an objective to have a hotel in operation in every GCC country by the first quarter of 2020.”
Voivenel stressed, “The region continues to present us with fantastic opportunities to further enhance and diversify our portfolio. We are going to open this year in the GCC seven exceptional hotels – two in Kuwait, one in Oman, two in Bahrain, one in Saudi Arabia and one in Qatar. In addition, we have a robust development pipeline that will double our inventory of keys by 2020.” The Middle East is the third biggest development industry for Swiss-Belhotel International following Asia, New Zealand and Australia.
Voivenel stressed, “With 17 per cent of our global portfolio of hotels centered in the Middle East and Africa region, comprising 3,000 rooms, it is a very important region for us. Overall our strategy is to accelerate expansion across the MENA region whereby we have mapped out exciting opportunities. Our target is to have 25 hotels representing approximately 6,000 rooms in the region. However, GCC will continue to be our biggest market with 60 per cent of portfolio concentrated here in high-growth business and leisure destinations by 2025.”
Elaborating on the improvement and the ambitious tourism technique set out by regional governments, Voivenel added, “The huge investment in airports, infrastructure and hotels, broadening portfolio of attractions and facilities, diversification of source markets and collaboration between various business sectors are all accelerating the pace of the GCC’s growth into the future. The upcoming openings, representing our compelling portfolio of diverse brands, will strengthen our presence in the region while giving more choice to travellers.”
Visitors to ATM can discover Swiss-Belhotel International on stand HC0825 positioned in Sheikh Saeed Arena in Dubai International Convention and Exhibition Centre.
Information Source: Muscat Daily