the hotel show

  • 17-19 SEPTEMBER 2016

Visiting the show

Tourism, realty sectors aided UAE's 2014 GDP

The UAE's GDP in 2014 was supported mainly by its safe haven status amid regional instability, its tourism and hospitality sectors and a rebounding real estate sector.

The UAE's gross domestic product (GDP) in 2014 was supported mainly by its safe haven status amid regional instability, its tourism and hospitality sectors and a rebounding real estate sector, said the annual report of the Opec Fund for International Development (OFID).

"The sovereign wealth fund buffers help the country to enjoy lower fiscal breakeven oil prices. The current account surplus narrowed due to lower oil prices but remained at a healthy level of 11.1 per cent of GDP. The banking system continued to be well capitalised and the rate of non-performing loans declined," the report added.

Suleiman Jasir Al Herbish, OFID director-general, said: "By the end of 2014, cumulative commitments had climbed to almost $18 billion, following a record $1,553m in approvals during the year. Disbursements also hit a new high of $1,331m."

"Operations throughout 2014 continued to be led by our strategic focus on the water-food-energy nexus. With the global population expected to reach nine billion by 2050, these three areas - sustainable water access, modern energy access and food security - represent the defining challenges of this century."

OFID, he added, has expressed its readiness to mobilise all means at its disposal to address these issues. In 2014, it allocated $823m or 53 per cent of total approvals to such initiatives.

Source: - August 4, 2015

  • “For 11 years Intermetal has exhibited at The Hotel Show. Being a part of this annual event is fundamental as it enables us to have face to face interaction with customers and build relationships. The Hotel Show is the perfect venue to launch new products.” 

    Cathy Di Savino
    Marketing Manager, Intermetal LLC
  • “The Hotel Show has been an amazing and successful event for Castello with over 50 prospective leads and projects for hotels, safari lodges and international resorts with potential orders worth over US $10 million. We will definitely be back next year with a new range of product designs.”

    Laurie Clayden
    CEO and Designer, Castello Luxury Baths
  • “The Hotel Show was good and very productive. We got a chance to interact with potential clients from our industry. The organizing committee has done an excellent job for this year’s Hotel Show which has helped both the exhibitors and the visitors. It was well organized. Well done. Thank you.” 

    Ranjith Malamal
    Sales Manager, Acentic ME FZ LLC
  • “Year on year The Hotel Show has grown having high quality of delegates and excellent visitor footfalls. The Hotel Show is a great place to showcase something new especially in technology. A good match for our products with visitors asking the right questions and with a high level of interaction."

    Vanessa Soley Peters
    Business Development Manager, Electric Mirror
  • “Proud to confirm that this year’s event was by far the best exhibition of the year. With confirmed orders taken from The Hotel Show are expected to top over $12 million of new trade that was made possible very much partly because of the high quality of visitors related to the hospitality procurement and contracting market. Great show, our 9th year and we will surely be back next year as well.”

    Wolfgang Douglas
    CEO, Timberwolf LLC