ALDAR SUPPORTS REGION'S HOTEL INVESTOR SUMMIT AS GIOHIS RETURNS TO ABU DHABI


Gulf and Indian Ocean Hotel Investors' Summit to host third annual event at Yas Island

Hotelier Indonesia

December 2017 - Abu Dhabi, UAE: Aldar Properties PJSC (Aldar), Abu Dhabi's leading listed property development, investment and management company, will once again support the Gulf and Indian Ocean Hotel Investors' Summit (GIOHIS) as Founding Patron when it returns to Abu Dhabi for the third consecutive year.


GIOHIS has brought the region's top hotel owners and investors together in Abu Dhabi for the last two years to discuss the challenges and opportunities presented by the dynamic hospitality industry. With a portfolio of nine hotels in Abu Dhabi and having played a key role in the establishment and development of Yas Island as a tourist destination, Aldar is perfectly positioned to continue to support the success of this important industry summit.


Run by the global hotel owners' alliance, HOFTEL, GIOHIS will present a forum to debate key themes such as investing in frontier markets, the merging of hotel and residential offerings and coping with downturns and disruptors. Speakers currently confirmed include HE Saif Saeed Ghobash, Director General, Abu Dhabi TCA; Khalid Anib, CEO, Abu Dhabi National Hotels; Joe Sita, CEO, IFA; Olivier Harnisch, CEO, Emaar Hotels; Mustafa Al Hasmimi, Chief Hospitality Officer, WASL; Olivier Chavy, CEO Mövenpick Hotels and Resorts and Jalil Mekouar, CEO Hotels, Majid Al Futtaim Properties.


Jahed Rahman, Director of Hospitality & Leisure at Aldar, commented: "Aldar is very pleased to support GIOHIS again, which has established itself as a revered platform for hotel owners across the Gulf and Indian Ocean to debate current industry issues. Our support reinforces Aldar's commitment to developing the region's burgeoning hospitality industry and providing a forum where top industry professionals can discuss how to work most efficiently with hotel operators to attract even more visitors to experience this very special part of the world."


Simon Allison, Chairman & CEO, HOFTEL, said: "GIOHIS continues to be the hotel investor summit where hospitality property owners come together and discuss major trends and opportunities for the sector, as well as speaking their minds about key challenges such as overbuilding, the power of the Online Travel Agents, the scale of the big brands or economic and political volatility. We are delighted to be welcoming CEOs and heads of hospitality from many of the largest owners in the Gulf, East Africa and Indian Ocean region to speak openly and frankly at GIOHIS 2018."


GIOHIS 2018 will take place at one of Aldar's hospitality assets, the Yas Viceroy in Abu Dhabi from 29 to 30 January, with around 90 speakers, including 35 hospitality industry CEOs, confirmed to participate. The event will offer a global range of perspectives with speakers attending from across the globe, including Malaysia, Uganda, Thailand, Singapore, Mauritius, Sri Lanka, the Maldives, South Africa, Bahrain, Oman, Kuwait, Finland, the UK, Egypt and Saudi Arabia.

For more information on the Summit please visit www.aldar.comwww.giohis.com ; and on Aldar please see www.aldar.com


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.

www.aldar.com



About GIOHIS
GIOHIS is run by global hotel owners' alliance HOFTEL and is a unique hotel investment event is that it is based around owners and those who provide services to them. Attendees come from the Gulf, East Africa, the Indian Ocean islands, ASEAN and Australia, as well as further afield, to discuss key issues and share industry best practice. Tickets are available at https://giohis.com/registration/.



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