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18 November 2024

Owners Associations in the Gulf – a key to value creation

The need for Owners Associations From time immemorial, humanity has wrestled with the problem of multiple ownership in a single asset One of the most successful solutions has been share ownership in a company, which works well for manufacturing, service, and many other types of enterprise Real estate has also ...
11 November 2024

Dubai’s Office Market Performance – Autumn 2024

Quality of office real estate driving occupancy In the third quarter of 2024, strong demand and heightened leasing activity drove rents higher in Dubai’s office market City-wide office rents increased by 21% compared to the previous year Notably, average Grade A rents in DIFC experienced a 20% annual increase, reaching ...
24 October 2024

What are the prospects for Saudi tourism?

The evidence to date The need to diversify the Saudi economy away from oil has never been in doubt Saudi Vision 2030 envisaged tourism playing a central role in that process The plan originally set what was regarded as an ambitious target of 100m domestic and international tourists by 2030, ...
9 October 2024

Is the system of hotel rating still fit for purpose?

The evolution of a system  Hotel ratings were originally introduced to enable potential guests to understand the overall quality of places where they might choose to stay and the range of facilities available Later, they acquired significance as valuation tools for hotel brands, as well as for the properties themselves ...

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    +968 2 469 4150

    muscat@cavendishmaxwell.com

    Villa 836 Way 3012, Al Sarooj, P.O. Box 3438, Muscat, Sultanate of Oman

     

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