Hala Matar Choufany, President of Middle East, Africa, and South Asia for HVS, together with Turab Saleem, Head of Tourism and Hospitality at Knight Frank, contributed to the article on the future of tourism in the Kingdom of Saudi Arabia
While the Syracuse market has been fairly stable over the past several decades, major transformational projects, including Micron Technology’s $100-billion computer chip plant, should reshape the market and have a notable impact on area hotels.
Charlotte is known as the Queen City, reigning as the most populous city in North Carolina and one of the nation’s largest banking centers. Charlotte has been somewhat slow to recover from the effects of the pandemic but is poised to become stronger than ever given overall economic growth and expansions at the airport and convention center.
The Israel hotel market has demonstrated remarkable resilience in the face of challenges and has successfully rebounded to the pre-pandemic levels seen in 2019. This article explores the hotel market performances and values in key Israeli locations in 2022.
The 2023 PGA Championship and the 2024 solar eclipse are just the start of the exciting events and projects in the Rochester area. With the world’s eyes on the city in May 2023 as it hosted golf’s second major championship of the year, this article looks at the PGA Championship’s effects on the Rochester market and what’s to come.
This week marked the 45th Annual NYU International Hospitality Industry Investment Conference, with the industry’s leaders descending on the Marriott Marquis Times Square to discuss the future of lodging. This article provides the key takeaways from HVS attendees.
After several economic and political disruptions across South America, there is now greater clarity in several countries, giving rise to compelling opportunities in some urban markets and across the leisure sector. The outlook appears bright throughout much of the region.
In the pop-up talk after the Africa Hospitality Investment Forum (2022), Hala Matar Choufany shares her main key takeaways.
With its unique culture, landscapes and culinary riches, Morocco is among the world's most enchanting countries. Hala Matar Choufany, president for the Middle East, Africa and South Asia at HVS, describes the hospitality scene in the North African jewel and what makes it such an intriguing tourism destination.
While several new brands have emerged within the limited- and select-service segments over the past decade, the expansion of extended-stay brands was limited prior to 2021, and many of the U.S. hotels within this segment were dated. However, during the last two years, economy and midscale extended-stay brands have experienced a significant expansion.