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Philippe Doizelet, Head of Horwath HTL’s Paris practice, makes a solid case for considering these two North African countries the next hot Mediterranean markets, especially for developments mixing hotels and privately owned residences. In Arabic, the word “Maghreb” – now connoting the countries Libya, Tunisia, Algeria, Morocco and Mauritania – means “the land where the sun sets.” Very different from each other, these four countries mark the western boundary of Islamic religion and culture. The economic importance of the Maghreb countries within Africa remains unquestioned: they account for nearly one third of the continent’s output, and their share increases yearly.



About The Hotel Yearbook: The Hotel Yearbook is an annual publication, serving as a forum where 50 CEOs and other leading industry experts share their views and insights on the trends, events and people that they expect will shape the business in the year to come. Articles in the Yearbook examine the near-term prospects for the hotel business from a variety of different angles: likely changes in the financial and investment scenarios, developments expected in key geographic markets and industry segments worldwide, consumer trends and expectations, and management trends affecting the way hotels might be operated and marketed differently in the year ahead. Appearing each December, The Hotel Yearbook is a must-read compendium of insider views, highly valuable for anyone making a career in a hotel or hotel company. For more information visit The Hotel Yearbook 2009.