Assurance and business advisory firm Ernst & Young has launched the Middle East Hospitality and Leisure Advisory Service.
Through its Dubai-based Advisory Services, Ernst and Young is now assisting regional organizations in the tourism and hospitality sector improve and control the way they manage their investments and operations in real estate assets throughout the entire lifecycle of their property portfolio.
Ernst & Young's range of services will include strategic tourism enhancement planning, hotel operational reviews, positioning analyses, asset management, management company selection/negotiations, capital sourcing, benchmarking, valuations, mergers and acquisitions due diligence, and market driven feasibility studies for a variety of asset types. These include mixed-use resort developments, large hotel portfolios, traditional hotels, golf courses and clubs, theme parks, vacation ownership, condominium-hotels, cruise ships, airlines, retail, office, marinas and residential developments.
The Middle East practice of Ernst & Young is an independent professional firm and a full member firm of Ernst & Young Global. Since the firm's establishment 80 years ago, the Middle East firm has evolved to provide a full range of assurance and business advisory services. Today the firm's more than 10,000 clients are serviced by over 1,800 staff operating from 16 offices in 12 Arab countries. — (menareport.com)
© 2004 Mena Report (www.menareport.com)
