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HH Sheikh Maktoum bin Hasher Al Maktoum said: "The Middle East and the UAE in particular have witnessed a period of rapid social-economic development, which has fuelled the emergence of a dynamic and a very interesting hospitality and tourism sector, where the demand has become extremely strong, with world leading hotels establishing themselves in the region and putting their plans for expansion." He added: "The UAE is already among the top five countries in the world for new hotel openings over the past five years, where Dubai enjoys the region's strongest occupancies levels at 88.4% and average room rates at US$ 398.71.

to open a new Sheraton hotel in Kigali, the capital city of Rwanda JLL's Hotels & Hospitality Group, has released its 2014 Hotel Intelligence Report for the Dubai Market at AHIC today Dubai, UAE HH Sheikh Maktoum Hasher Al Maktoum, Executive Chairman of SHUAA Capital and the Chairman of Dubai International Holding Company delivered the opening remarks today at The Arabian Hotel Investment Conference (AHIC 2014), that was held today held under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum Chairman Dubai Airports President Dubai Department for Civil Aviation Chairman and CEO of Emirates, at Madinat Jumeirah in Dubai.We have done our research and have addressed previous barriers to this market.We have a number of wold-class assets in our stable, a proven executive team in place, the capacity to leverage the region's most comprehensive consumer finance solution and a well-respected JV partner in Tijaria.The USDmillion joint venture brings together two significant hospitality forces in the Middle East.IFA Hotels & Resorts' global holdings include properties ranging from the cutting-edge YOTEL brand to hotels and mixed-use developments operated by Fairmont, Mövenpick, Four Seasons and Sheraton.The Conference today has included a number of roundtables and panel discussions, with one of the key sessions held under the title ' A Vision for the GCC & beyond', which discussed the GCC governments' plans for sustainable growth and partnerships between public and private sectors.

The panel included Anita Mendiratta Founder and Managing Director of CACHET Consulting, in conversation with: H. Issa bin Mohammed Al Mohannadi Chairman of Qatar Tourism Authority, Fahd Al-Rasheed Chief Executive Officer and Managing Director of King Abdullah Economic City, Amr Abdel Ghaffar Regional Director of Middle East of UNWTO, and Amine Moukarzel, President of Golden Tulip Hotels, Suites and Resorts MENA H. Issa bin Mohammed Al Mohannadi said: "One of the main things that has changed over the last 5-10 years it the increase in awareness of the importance of tourism.

HE Helal Almarri, said: "In the last ten years, under the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, Dubai has been transformed into a must-visit destination; has shifted the focus of the global aviation map; and has become the connecting point of the world.

With the Tourism Vision for 2020 providing a focus for government and private entities within the tourism industry, in the past year a number of significant steps have been made towards delivering the vision and achieving our target of welcoming 20 million visitors per year by the end of the decade.

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Tijaria's holdings include the stunning Hotel Missioni and Symphony Hotels in Kuwait.

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