Middle East Hotel Industry

Paper Summary:

The paper reveals that all signs point to the United Arab Emirates (UAE) as one of the major tourist destinations in the years to come. The paper identifies the characteristics of the market and what can be reasonably expected from a venture capital investment in the hotel and hospitality industry in the UAE today. The paper then provides an overview of the international hotel and hospitality industry and the travel and tourism industry that accounts for the lion's share of its revenues and assesses initiatives underway in the region that are reflective of current trends in the region. The paper includes a color map of the United Arab Emirates as an appendix to the paper.

Outline:
Introduction
Review and Discussion
Conclusion

From the Paper:

"Some of the fastest growing travel and tourism destinations that have emerged in recent years are the Middle East in general and Abu Dhabi, capital of the United Arab Emirates, in particular. Despite the potential of external threats in the region, the hotel and hospitality industry has enjoyed a booming business as hoteliers, restaurateurs and others seek to capitalize on this growing industry in an increasingly affluent region of the world. While there are a number of constraints to doing business in the United Arab Emirates, all signs point to continued growth and many international chains have already heavily invested in Abu Dhabi in an attempt to gain market share while the getting is good."

Sample of Sources Used:

• Hall, C. M., & Tucker, H. (2004). Tourism and postcolonialism: Contested discourses, identities and representations. New York: Routledge.
• Montgomery, H., Lipshitz, R., & Brehmer, B. (2005). How professionals make decisions. Mahwah, NJ: Lawrence Erlbaum Associates.
• Salloum, H. (2001, June). Exploring the United Arab Emirates. Contemporary Review, 278(1625), 364.
• Sheller, M., & Urry, J. (2004). Tourism mobilities: Places to play, places in play. London: Routledge.
• UAE. (2007). U.S. Government: CIA world factbook. Retrieved December 7, 2007 from https://www.cia.gov/library/publications/the-world-factbook/geos/ae.html.

More papers on Middle East Hotel Industry:

• Research Paper # 149584 : "Water Wars: Conflict in the Middle East"
• Dissertation or Thesis # 147438 : "The Role of the GCC Countries in Achieving Stability in the Middle East"
• Analytical Essay # 85988 : "Middle East Terrorism"

APA Citation:

MLA Citation: