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First islamic hospitality congress set for Dubai
Source: BI-ME staff , Author: BI-ME staff
Posted: Sun November 25, 2007 12:00 am
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UAE.  The Islamic hospitality market is said to be currently growing at a fast pace in the Middle East as well as in many popular international destinations favoured by Middle Eastern travellers, such as the UK and Germany. Islamic travellers have specific travel requirements to which Islamic hotels respond.

This group of hotels comply with Shari’ah rules and focus on values such as family and health, innovative value-added services, and unique design elements derived form traditional Islamic architecture.

Thanks to those competencies, they have gained a significant competitive advantage in the hospitality market and have succeeded not only in attracting Islamic travellers but also international travellers who want to experience the true Islamic hospitality during their stay.

The Islamic hospitality industry has a potential of growth that financial institutions, always looking to offer new and innovative products by developing new vehicles for investment, have clearly understood. The Islamic real estate market being already well established, financiers are now looking into that industry, which appears to represent a very profitable investment.

The first Islamic Hotel Expansion Congress (3-4 December 2007 at the Hilton Jumeirah Hotel in Dubai) gives the opportunity to Islamic hotel operators, developers, banks, private equity firms, real estate firms, asset management companies, hospitality consulting companies and financiers to find strategic partners, to network, share knowledge and learn about strategies that could help them in their expansion and investment projects.

Participants will attend exclusive conference sessions led by professionals involved in Islamic Hotel expansion and experts from the hotel industry, namely: Naseem Javed, President, ABC Namebank International; Amgad Sobhy, Senior Vice President, Financial Control & Strategic Planning, Abu Dhabi Islamic Bank; Aberahman Belgat, Managing Director, Saudi Arabia, Accor; Jalil Mekouar, Executive Vice President, Jones Lang LaSalle Hotels; Mustafa Al Saleh, Vice Chairman, Managing Director and CEO, Adeem Investments; Armine Mourkazel, Managing Director, Golden Tulip Hotels; Binod Narasimhan, Chief Financial Officer, Istithmar; Hamza Farooqi, CEO, CII Holdings; Kamal Eldarrat, Chief Development Officer, ARADY; Shadi Sedhinejad, Senior Legal Consultant, Islamic Finance & Finance, DLA Piper.

The speakers will discuss the opportunities related to the globalisation of Shari’ah-compliant hospitality, the concept of global branding and positioning of Islamic hospitality, the four mega forces at play in GCC branding, what it takes to create Islamic hospitality icons as well as the Islamic real estate finance trends and strategies, the role of private equity in hospitality and the new Islamic investment concepts.

Judging from the range of views expressed recently at World Travel Market in London, and other industry occasions, on the potential and specific service elements of Islamic hospitality, the scene is set for an interesting discussion.

For more information visit www.islamichotelsme.com

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