While parts of the Middle East have been struggling mightily throughout the past year, the region as a whole still has been a top performer globally and is expected to continue to be the top performing market for 2009. And while development has hit a slowdown, with about 20% of planned projects on hold, investor confidence remains strong in certain markets, and both regional and international brands have reaffirmed commitments to their pipelines in the region.
via Despite Hiccup, Mideast Outlook Mostly Positive – 6/1/2009 – Hotels.
Saturday, May 30th, 2009, 02:48 | 
Chef Brad's Blog Post, Hotel News, Industry News | 
RSS feed
| 
Respond | 
Trackback