Shangri-La Poised to Benefit from Middle East Rebound After Decades of Expansion
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Shangri-La Group is poised to benefit from Middle East's economic rebound after expanding there for decades.
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Occupancy rates and revenues at Shangri-La's Middle East hotels have rebounded to pre-pandemic levels.
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Shangri-La sees strong demand for high-quality hospitality in the Middle East amid ambitious economic plans.
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The group remains interested in further expansion in the Middle East by exploring new opportunities.
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Shangri-La aims to leverage its brand recognition among Asian travelers in the Middle East market.