Can Dubai’s Luxury Hotels Defy the Regional Slowdown?

“Kerzner International has built a global luxury hospitality business around brands including Atlantis, One&Only, SIRO and Rare Finds. But as disruption to Dubai’s tourism market puts pressure on the region’s hotel sector, the group faces the challenge of protecting its business while continuing to expand. CEO Philippe Zuber says Kerzner’s response has focused on keeping its hotels operating, protecting its reputation and avoiding compromises on rates. The group is also looking beyond its established markets, with expansion into Asia and branded residences among its growth priorities. Zuber joins Dan Murphy to discuss the economics of luxury hospitality, how the group navigates a crisis and what comes next for its global portfolio. Watch the full interview on “Managing Middle East with Dan Murphy” in the video above. #CNBC #ManagingMiddleEast #KerznerInternational #PhilippeZuber #Dubai #Atlantis #OneAndOnly #LuxuryTravel #Hospitality #Tourism —– Subscribe: @cnbci CNBC International Live: @cnbcinternationalive LinkedIn: https://www.linkedin.com/showcase/cnbc/ TikTok: https://www.tiktok.com/@cnbc Facebook: https://www.facebook.com/cnbc Instagram: https://www.instagram.com/cnbc Threads: https://www.threads.net/@cnbc X: https://twitter.com/CNBC Telegram: https://t.me/cnbc”