WPP Group’s Chairman, Ambassador Philip Lader to give views on Middle East as a global player
International arrivals to the region (13%) well above the world rate (6.2%); Middle East Travel and Tourism industry growth (5.2%) to exceed global forecasts (4.4%) till 2018
Arabian Hotel Investment Conference
‘Ever Increasing Circles’ - The Ripple Effect of Hotel Investment in the Middle East
Madinat Jumeirah Convention Centre
Dubai, United Arab Emirates
May 3-5 2008
The former United States Ambassador to the United Kingdom, Philip Lader, is set to give his views on Middle East growth at the upcoming Arabian Hotel Investment Conference (AHIC).
Lader is earmarked to take part in a key session on the Middle East in context to the global marketplace. He represented the United States as Ambassador to Great Britain and Northern Ireland for four years till 2001, and he is currently chairman of global media communications services company, WPP Group PLC and a Senior Adviser to Morgan Stanley.
Jonathan Worsley, AHIC conference co-organiser, said that while the growth phenomenon across the region’s markets is a positive hot topic, it is also a subject that attracts the voice of the cynics.
“AHIC has secured former US ambassador, Philip Lader, to give his view on the region and just how it will vie on the global playing field, and for how long,” said Worsley. Lader was also a member of President Clinton’s Cabinet, was White House Deputy Chief of Staff and sits on the board of numerous global corporations.
Worsley cited recent reports that highlight the region’s heady tourism growth up 13 per cent to 46 million tourists in 2007. He said that this is the highest recorded growth globally last year.
“Growth reports  suggest that world travel and tourism between 2009 and 2018 will grow at an average rate of 4.4 per cent per annum, with Africa, Asia Pacific and the Middle East set to experience higher growth rates of 5.9 per cent, 5.7 per cent and 5.2 per cent respectively,” Worsley said.
“On the contrary, mature markets, such as the Americas and Europe, fall below with average growth of 2.1 per cent and 2.3 per cent respectively”.
MEED’s Edmund O’Sullivan, AHIC co-organiser, agreed saying that the region’s fast-paced development and subsequent growth opportunities are making international headlines, with Dubai paving the way as an extraordinary example of how one can create a world-beating travel and tourism industry out of almost nothing.
“Hospitality chains and investors from around the world are eyeing the Middle East as a multi-destination hot-spot, with Dubai’s success now being replicated in countries such as Oman and Qatar, as well as Abu Dhabi,” O’Sullivan said.
“These days, it is not uncommon for new and existing investors and developers to pass over continental Europe in favour of the Middle East.”
He said that Lader’s session, ‘The Middle East in Context of the Global Marketplace’ will also feature Arthur de Haast, global CEO, Jones Lang LaSalle Hotels and Lisa Hughes, Vice President and Publisher, Conde Nast Traveller.
The Arabian Hotel Investment Conference will run from May 3-5, 2008 at Dubai’s Madinat Jumeirah Convention Centre and is jointly organised by The Bench and MEED.
AHIC 2008 sees the introduction of a first-day Summit session. India has been selected as the Summit’s flagship topic.
Platinum sponsors of the 2008 event include: Bawadi, IFA Hotels & Resorts, Jones Lang LaSalle Hotels, Ministry of Brazil, Nakheel Hotels and The Rezidor Hotel Group.
Gold Sponsors include Abu Dhabi Tourism Development and Investment Company (TDIC), Accor SA ME, Aldar Hotels & Hospitality, Almulla Holding LLC, Arabian Travel Market, Breaking Travel News, Christie + Co, Cushman & Wakefield Hotels, Davis Langdon LLP, DLA Piper, DLF Hotels, Emaar Hospitality Group, Emirates Airline, Fairmont Raffles Hotels International Inc, Godwin Austen Johnson, Golden Tulip MENA Region, Group RCI, GuestInvest, Hamilton Hotel Partners, Heller Ehrman, Hilton Hotels, Horwath HTL, HVS, iBAHN, InterContinental Hotels Group, Interval International, Jumana - Secret of the Desert, Jumeirah, Kempinski Hotels, Langham Hotels International Limited, Layia Hospitality, Marriott International, Molinaro Koger, Morgan Stanley, Mövenpick Hotels & Resorts, Mozambique Tourism Anchor Investment Program, Northcourse Real Estate Leisure Solutions, OBM International, Rakeen, Rotana, Shaza Hotels, Starwood Hotels & Resorts, Strategic Solutions, Taj Hotel Resorts & Palaces, Tiara Hotels & Resorts, TDO - Tourism Development Organisation (MENA), TRI Hospitality Consulting, Turks & Caicos Islands, Vision Hospitality Asset Management, WATG, West LB and Wyndham Hotel Group International.
Media sponsors include AME Info, ATM, Breaking Travel News, CNBC Arabia, CNN, Destinations of the World, HOTELS, Hospitality News Magazine, Luxury Hotelier, Sleeper and TTN.
Supporters: Dubai Convention Bureau, The Emirates Academy of Hospitality Management, IBLF, IH&RA, Native Energy, Villeroy & Boch, WTTC.
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