Backed by a multi-disciplinary team with broad exposure to hospitality real estate developments across the Middle East, Knight Frank is well placed to assist developers, investors and operators to pursue their hospitality real estate investment objectives. Our dedicated team in the Middle East has been involved in more than 100 hospitality real estate developments covering development strategy, feasibility studies and valuations.
Our experts provide development strategy advice for project owners and developers. Knight Frank provides you with recommendations on component mix, market positioning, key count, room types and sizes as well as recommendations on ancillary revenue components which culminate in an area program. Our advice is purely based on a sound business case and will ensure that the proposed concept is aligned with the future market situation. After the concept has been determined in a Highest & Best Use Study, Knight Frank can provide you with a Market & Financial Feasibility Study which assists the Client in raising finance and securing an operator.
We work alongside our in-house residential and commercial teams to maximise value within a mixed-use scheme. We have unrivalled experience in mixed-use developments and ensure the owner leverages on the synergy potential between the different project components.
Accurate valuations are critical in today's shifting property markets; they form the basis of successful sales and acquisition strategies and most importantly, return on investment. In the complex world of real estate development and investment, it is essential to have access to accurate information and professional, independent advice in order to make informed decisions.
One of the few man-made objects which can be seen from space, The Palm has added many kilometres of additional private, idyllic beachfront to Dubai’s already luxurious coastline. And since its inception, it has evolved from a man made wonder into a place that people from around the world now call home.
Knight Frank launches the first-ever assessment of the global ultra-prime residential market, analysing sales over US $25 million around the world.
While most hospitality markets in the GCC are driven by traditional demand supply mechanics, Makkah – for which religious visitation makes up the majority of demand – works slightly differently, with government quotas and capacity constraints determining tourist flows. In terms of Hajj visitation, a variety of factors have affected tourist numbers between 2013 and 2016, but the past two years have been far more positive. During this period, Hajj visitation exceeded the 2.3 million mark in consecutive years for the first time since 2012.