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MEDHW to drive multimillion-dollar growth for design, hospitality sectors in GCC

MEDHW to drive multimillion-dollar growth for design, hospitality sectors in GCC
MEDHW includes seven design and hospitality events

Dubai - Mubasher: International event organiser dmg events on Monday announced that Middle East Design and Hospitality Week (MEDHW) will be held between 17-19 September at Dubai World Trade Centre. 

MEDHW includes seven design and hospitality events; namely INDEX, The Hotel Show, WORKSPACE, The Leisure Show, Surface Design, FIM, and INDEX Home, according to a statement.

The three-day events will set the stage for the GCC’s design and hospitality sectors to achieve multi-million-dollar growth.  

Exhibitors and visitors will be offered a highly specialised platform for discussions, knowledge-sharing, business to business (B2B) introductions, and business-to-consumer (B2C) interactions.

The value of GCC building construction projects due for completion across all sectors is likely to reach $74.9 billion in 2019.

“Interior design and fit-out industries are expected to thrive as the demand for new residential properties, hotels, schools, and hospitals continues to grow,” according to Ventures Onsite.

In addition, the value of GCC hotel projects, due for completion this year, hit $13.3 billion, while the overall spending on interiors and fit-out industries in the hotel sector is projected to reach $3 million in 2019.   

“The interior design and fit-out industries in the region are set to experience a positive wave of demand, and [dmg events’] intelligence partner Ventures Onsite predicts the UAE and KSA will be the highest spenders in these markets in the Middle East,”  portfolio director at dmg events, Tony Crinion, said.

As Dubai prepares to host Expo 2020, “it was ideal for [dmg events] to congregate [its] key design and hospitality events under one umbrella for businesses in these sectors to receive optimum exposure and mileage,” portfolio director at dmg events, Nathan Waugh, noted.