Arabian Hotel Investment conference
Later this month, the Hotelier Middle East team will bring you news and trends from the Arabian Hotel Investment Conference.
Name: Arabian Hotel Investment Conference (AHIC)
When: April 28-30
Where: Madinat Jumeirah, Dubai
Audience: 500 delegates from 40 countries
Speaker snapshot: Alex Kyriakidis, president & managing director MEA, Marriott International; Kurt Ritter, CEO & president, The Rezidor Hotel Group and Jan Smits, CEO, Asia, Middle East & Africa, IHG, among others.
Theme: Exploring the outlook for hotel investment in the Middle East’s ever changing landscape. As well as focusing on the Middle East’s investment landscape after the Arab Spring, AHIC will hold a session that looks at the issues facing Egypt, while key industry figures will address the challenges of developing and operating in the holy cities of Mecca and Medina in Saudi Arabia. There will also be a separate dedicated session exploring investment opportunities outside the Middle East.
Confused about Carlson Rezidor?
Moderator Simon M Johnson, director CBRE specialist markets, put five hotel chiefs through their paces in the CEO panel; one of them was Hubert Joly, president and CEO, Carlson & chairman of the board, The Rezidor Hotel Group.
Johnson: Hubert, you said publicly that that the two names Carlson and Rezidor were confusing. How does renaming it to The Carlson Rezidor Hotel Group make it any less confusing? And how exactly, by putting the names together, do you intend to raise more than $400 million in additional hotel revenue by 2015?
Joly: It’s a major step forward. There was a lack of understanding about Rezidor and Carlson, but now it’s easier to say we have a global portfolio. Carlson Rezidor is a B2B brand, but our consumer brands have had a lot of success. Since renaming Radisson SAS (Blu), a trendy, design-led upscale brand has emerged.