Cheval Is Riding Out Dubai’s Demand Slump On Long-Stay Guests

Cheval is betting Dubai’s domestic demand can carry it to recovery. S&P doesn’t see that recovery until 2027.

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Frequently Asked Questions

What is Cheval's strategy in Dubai?

Cheval is focusing on long-stay guests to boost domestic demand during the current slump.

What is S&P's forecast for Dubai's recovery?

S&P predicts that Dubai's recovery may not happen until 2027.

How is the demand in Dubai currently?

Dubai is experiencing a demand slump, impacting various sectors, including hospitality.

What type of guests is Cheval targeting?

Cheval is targeting long-stay guests to help sustain its business through the downturn.