GT Shareholder and Co-chair of the Firm’s Middle East and European Hospitality Group, Elias J. Hayek is quoted in an interview with Travel and Tour World (TTW) titled, “Hotel Management Agreements Evolve as GCC Hospitality Market Enters New Growth Phase.”
Speaking exclusively at FHS 2026 Dubai, Hayek highlighted the changing dynamics of the GCC hospitality market and the growing complexity of hotel management agreements, the similarities between hotel management agreements and joint venture agreements, what makes long-term hotel contracts so detailed, a summary of the GCC hospitality market in 2026, how mixed-use developments are affecting brands, regulatory challenges and why hotel management agreements remain critical to GCC hospitality growth.
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