Gulf and Indian Ocean Hotel Investors’ Summit 2021 (GIOHIS) will be held on 15-16 November in Ras Al Khaimah. The event aims to bring around 300 of the top hotel owners, developers and operators from the Gulf, East Africa, the Indian Ocean islands, ASEAN, and Australia together to discuss topical issues affecting the industry, ideally in person, but if necessary, also via remote links. Being run by hotel owners’ alliance HOFTEL, rather than a commercial media or conferencing company, means that GIOHIS can be upfront about addressing the sector’s key issues in a transparent and compact forum full of decision-makers. The hotel investment community has had a torrid time during the pandemic, with some hotel owners “clinging on in order to ride out the storm”, according to Simon Allison, CEO of hotel owners’ alliance, HOFTEL, and organiser of GIOHIS. He believes, however, that the bottom of the market is close to being reached, and this will provide the stimulus for fresh investment from those looking to take advantage of a post-Covid tourism boom. “There are a number of factors coming together at the same time which bode well for the recovery of the Gulf’s hospitality sector,” says Allison. “They offer an interesting, but complex environment for members of the hotel investment community to consider their strategies, with the potential for strong returns.” Allison adds, “The consequences of Covid-19 have been terrible for the hospitality sector, and above all, we cannot lose sight of the fatalities among hospitality sector workers, the enormous job losses and the number of hotel owners left teetering on the brink of financial ruin”. “We can now see light at the end of the tunnel, and I …
Read More »Abu Dhabi National Hotels back in operation
Abu Dhabi National Hotels (ADNH) announced that many of its luxury and five star hotels across the UAE are operating and back in full swing with strict safety and precautionary measures in place to ensure the wellbeing of all its guests. “We have introduced strict procedures as per local authorities’ regulations across our businesses as we emerge from unprecedented challenges and adapt to the global transformation within the hospitality industry. Staying optimistic for future travel, the safety of all guests and employees is our primary focus and our responsibility being a leading hospitality company. We are continuously monitoring the performance of our businesses and adjusting accordingly whilst some of our hotels benefit from extensive refurbishments to enhance the guest experience.” says Khalid Anib, Chief Executive Officer of ADNH. To welcome guests with something special ADNH have kicked off exclusive getaway offers for the ultimate experience across their hotels in the UAE. Some of the attractive packages designed to guarantee you a memorable stay include: Park Hyatt Abu Dhabi Hotel and Villas: Delight your family with a seamless staycation and get 50% off the second room for your kids. Complimentary stay for children under 16 years if sharing room with parents, complimentary food & beverage for children under 12 years as well as 50% off food & beverage for children under 16 years. Address Dubai Mall | Address Dubai Marina: Views of the city’s finest sights, escape to Address Dubai Mall or Address Dubai Marina with packages designed with you in mind; rates from AED 449 with 200 DHS back to spend per night. Sheraton Abu Dhabi Hotel & Resort: Overlooking the stunning Corniche, escape to a resort catering to your …
Read More »ADNH CEO urges hotel groups to act responsibly
Abu Dhabi National Hotels (ADNH) requested all hotel groups to be considerate towards their staff members in time of COVID-19 outbreak, when hospitality industry is at a standstill. Giant hotel groups operate in different countries, some with strong social security systems while others offering weak or totally inexistent support, leaving employees at risk when forced out of work. Khalid Anib – Chief Executive Officer – Abu Dhabi National Hotels (ADNH), said “I urge operators to act responsibly and share a tiny portion of their generous fees collected during the previous years to support the staff across all levels, particularly associates at the properties; and to seriously consider creating some sort of solidarity fund dedicated to preserve the dignity of employees should something like this arise in the future.” The hospitality industry all over the world has been dramatically disrupted by the ongoing drastic measures imposed yet critical to preserve life. The main focus facing every hotel owner today is how to deal with this unprecedented challenge of occupancies having reached unbearable levels in a very short period of time with growing uncertainties around the rebound and related timing. Forcing employees to be on paid / unpaid leaves is unfortunately necessary to partially reduce payroll costs; owners will continue to bear in full all other employee benefits: accommodation, food, insurance etc. along with other massive fixed liabilities such as loans and interest repayments / building maintenance and insurances / necessary capital expenditures and others. Anib added, “I have recommended the release of a portion of each employee’s accrued end of service benefit to financially help them to support their loved ones’ back home during such difficult times. I would like to …
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