ALDAR SUPPORTS DIALOGUE FOR REGIONAL HOTEL INVESTORS AS GIOHIS RETURNS

Gulf and Indian Ocean Hotel Investors' Summit returns to Yas Island for second year

Aldar Properties PJSC ('Aldar'), Abu Dhabi's leading listed property development, investment and management company, is reprising its role as Founding Patron of the Gulf and Indian Ocean Hotel Investors' Summit (GIOHIS), which returns for its second edition to the UAE capital.

GIOHIS, which is the only hotel investment event run by and for hotel owners, was launched in 2016 by the global hotels owners' alliance HOFTEL. Aldar – a leading hotel owner in Abu Dhabi with a portfolio of nine owned hotels in the Emirate, including seven on Yas Island – was a key contributor to the success of the inaugural summit. The event saw hundreds of business executives convene to discuss the challenges and opportunities presented by the evolving hotel industry, with hotel owning groups, developers and investors making up a significant proportion of the delegates.

Jahed Rahman, Director of Hospitality & Leisure at Aldar, commented: "This conference was created to provide a forum for owners and investors to exchange knowledge and ideas for a region that is key to the growth of the global hospitality market, bringing together many key industry decision-makers from across the Gulf and Indian Ocean. Aldar plays an important role in Abu Dhabi's expanding hotel industry, and our support for this event demonstrates our commitment to contributing to its ongoing development. We were pleased with the compelling outcomes of the 2016 event, and look forward to another successful GIOHIS this year, and to making Abu Dhabi thrive further as a business and leisure travel destination."

GIOHIS 2017 will take place at the Yas Viceroy in Abu Dhabi from 6 - 7 February 2017, with 70 speakers, including 36 hospitality industry CEOs, confirmed to participate. The event will offer a global range of perspectives with speakers attending from across the globe, including Australia, Sri Lanka, Thailand, Singapore, Mauritius, the Maldives, Bahrain, Qatar and Saudi Arabia.