Dubai is the most attractive market for international investments

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense, and Chairman of the Executive Council of the Emirate of Dubai, met yesterday with Sébastien Bazin, Chairman of the Board of Directors and CEO of the Accor Group, one of the largest and leading international companies in the hospitality and hotel management sector.

During the meeting, His Highness stressed that Dubai continues to consolidate its position as one of the most important global tourist destinations and the most attractive market for global investment, thanks to its proactive vision, its approach based on flexibility and long-term strategic planning, and a growing partnership with major international institutions working in the field of tourism and hospitality services.

His Highness noted the importance of strengthening partnership and integration between the government and private sectors, including the hospitality and tourism sectors, as they are among the basic pillars of Dubai’s economic growth and global competitiveness. His Highness pointed out Dubai’s keenness to provide a stable and stimulating business environment that enables international companies to expand and prosper, in light of an integrated system of advanced infrastructure and flexible legislation that takes into account the interests of investors.

During the meeting, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum expressed his appreciation for all the work teams at the various Accor facilities in Dubai, praising the high-quality services they provide that enhance the visitors’ experience and consolidate the emirate’s position as a leading global tourist destination.

In a blog post on the “X” platform, His Highness said: “I met Sébastien Bazin, Chairman of the Board of Directors and CEO of Accor International Group, one of the largest leading companies in the hospitality and hotel management sector, during which we discussed Dubai’s projects and initiatives, which have become the most prominent global tourist destinations and the most attractive markets for international investments.”

For his part, Chairman of the Board of Directors and CEO of Accor Group, Sebastien Bazin, expressed his confidence in the market prospects in Dubai, stressing the continued strategic expansion of the group in the emirate, noting that his visit to Dubai, at a time when the region is witnessing exceptional conditions, reflects the extent of awareness of Dubai’s ability to deal with regional and international challenges with high efficiency, through precautionary planning and institutional flexibility.

The meeting was attended by the Director General of the Department of Economy and Tourism in Dubai, Helal Saeed Al Marri, the Global Executive Director of Development at the Accor Group, Gaurav Bhushan, and the Executive Director of the Luxury, Medium and Economy Hotels Sector at Accor for the Middle East, Africa, Turkey and Asia Pacific, Duncan O’Rourke.