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Gulf and Indian Ocean Hotel Investors' Summit returns to Yas Island for second year
Abu Dhabi, UAE - 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.
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About Aldar
Aldar Properties PJSC is the leading real estate developer in Abu Dhabi with USD10 billion in assets, a 75 million sq. m land bank, and through its iconic developments, it is one of the most well known in the United Arab Emirates, and wider Middle East region.
From its beginnings in 2005 through to today, Aldar continues to shape and enhance the urban fabric of the UAE’s Capital City in addition to other key areas of the Emirate.
Aldar develops exciting and innovative projects, such as the internationally recognized HQ building situated in the Al Raha Beach development, the Gate Towers in Shams Abu Dhabi on Al Reem Island, in addition to Yas Island’s F1 circuit.
Aldar’s shares are traded on the Abu Dhabi Securities Exchange (Stock quote: ALDAR:UH), and is a profitable, cash generative business that provides recurring revenues, and benefits from a diverse and supportive shareholder base. Aldar operates according to high standards of corporate governance and is committed to operating a long term and sustainable business in order to provide ongoing value for its shareholders.
Aldar seeks to create quality, comfortable, desirable destinations that enrich the lives of Abu Dhabi residents as well as tourists within the Emirate. Aldar is playing a leading role in the development and provision of world class retail - Yas Mall, international standard education through Aldar Academies, iconic entertainment venues such as the Yas Marina Circuit, and community amenities across its entire portfolio.
Aldar is driven by a vision to be the most trusted and recognized real estate lifestyle developer in Abu Dhabi and beyond.
For further information, please contact:
Media:
Nick Farmer/ Obaid Al Yammahi
Aldar Properties
+971 2 810 5555
Layla Haroon
Bell Pottinger
+971 55 636 0425
© Press Release 2017
