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Mazaya Monthly Real Estate Report

Week 1 - December 2016

Hotel Industry Boom Provides Robust

Momentum to Realty Market

The hotel sector is an integral part

of the real estate industry and

both of them have many factors in

common responsible for growth

– in other words, real estate and

hotel investments as inseparable.

In essence, hotel projects are real

estate investments that differ from

conventional building and construction

investments only in terms of quality,

facades and decorative finishes.

The Gulf hospitality sector has been

growing by leaps and bounds over

the past years, displaying tremendous

potential to draw foreign investments

and expertise to the Gulf economy.

In a weekly report that focused on the

hotel sector in the Gulf region and the

factors responsible for growth in the hotel

and realty sectors, Al Mazaya Holding

stated the considerable achievements

made by the hospitality industry in

the Gulf over the past few years. The

growth has tapped an innovative set of

products responsive to the geography

and climatic conditions of the region.