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#Aldar General News

February 09, 2016

Aldar Hosts Hospitality Industry Heavyweights For Two Day Conference


Abu Dhabi - UAE, February 8, 2016: Aldar Properties PJSC ('Aldar'), Abu Dhabi's leading listed property development, investment and management company, reinforced its credentials in the hospitality and tourism sector, as over 350 delegates converged on the Yas Island Viceroy for the inaugural Gulf and Indian Ocean Hotel Investors' Summit.


With over 80 speakers drawn from leadership positions across the industry, major discussions have focused on the role of innovation, challenges and opportunities in the hotel investment sector. In addition to this, sessions at GIOHIS have discussed deals and valuations across the region, staff retention, and the role of hotels in a broader context – placing them in mixed use developments involving retail, or theme parks.


Mohamed Khalifa Al Mubarak, CEO, Aldar Properties, welcomed delegates with a speech highlighting Abu Dhabi's growth as a global destination, and the Emirate's strong commercial fundamentals. As Chairman of the Abu Dhabi Tourism and Culture Authority, Al Mubarak also underlined how the ongoing development of Abu Dhabi Airport, the continued growth of Yas Island, and the Emirate's upcoming art and cultural centers will further strengthen the UAE Capital's international standing.

Jahed Rahman, Director, Hospitality & Leisure at Aldar Properties, commented: "We are proud to host this first of a kind conference in Abu Dhabi. By bringing together many of the key participants and decision makers of the hotel industry from across the Gulf and Indian Ocean, Aldar is demonstrating that not only is it a growing force in hotel development, it is also a key player in the region's industry landscape development. We look forward to hosting more such events as we continue to showcase our best in class service to tourists and business travelers who are visiting Abu Dhabi."