Published on : Monday, September 11, 2017
According to a recent declaration of American media, few Western firms are afraid that President Trump could torpedo the nuclear deal as the tourism sector of Iran is booming. In March of this year, over 6 million people visited Iran which accounts for an increase of 50% in comparison to the previous year and three times the figures in 2009, as confirmed by the official data.
The 2015 nuclear deal between Tehran and world powers actually caused the influx that affected the raise of many sanctions early in the following year, CNN reported.
British Airways and Lufthansa (DLAKY) re-started their direct flights to the country followed by visa regulation relaxation by the Iranian authorities. Besides, with increased number of visitors, demand for accommodation is skyrocketing generating huge opportunities for all the foreign businesses and local entrepreneurs in return.
As dissimilar to few Western firms who have expressed their unwillingness to spend in Iran because they panic that President Trump could yet torpedo the nuclear deal, many hotel chains of international standard are taking rapid steps to meet the ever increasing need for more rooms.
In 2015, France’s Accor or ACCYY was the first chain to open its hotel in Iran. Now it has two hotels. In 2018, Spain’s Melia or SMIZF will launch its first hotel chain. Early next year, Rotana of the United Arab Emirates will also open one hotel and plans three more by 2020. EasyHotel, a UK-based budget chain, in July have signed a contract to deliver 500 rooms.