Accor, Marriott the largest hotel companies in the Middle East, STR data

Accor, Marriott the largest hotel companies in the Middle East, STR data

As part of the STR 500, the company released the top 50 companies and brands in the Middle East during Arabian Hotel Investment Conference (AHIC) in RAK.

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Saudi tourism sector to be valued at USD 70 billion in 2019

Saudi tourism sector to be valued at USD 70 billion in 2019

More relaxed access to visas, as well as combining religious and leisure travel, will be key growth drivers.

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Global vegan cheese market on a growing curve

Global vegan cheese market on a growing curve

This is mainly driven by a growing awareness of lactose-intolerant conditions which is also boosting sales. Consumers are buying dairy alternatives.

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HotStats’ latest Middle East and Africa hotel insights report

HotStats’ latest Middle East and Africa hotel insights report

It’s been tough sledding for hotels in the Middle East & North Africa. February marked the sixth consecutive month of year-over-year profit decline, in spite of a slight rise in RevPAR, according to the latest data tracking full-service hotels from HotStats. GOPPAR (Total Gross Operating Profit) for the month declined...

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Saudi Arabia is the largest market for bottled water in the region

Saudi Arabia is the largest market for bottled water in the region

Still water represents the largest type, accounting for the majority of the share in the GCC region.

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Cairo’s hospitality industry is back on track

Cairo’s hospitality industry is back on track

The significant growth in the Cairo’s hospitality sector performance is mainly attributed to the country’s improved political stability, lift of flight bans to Egypt and focused efforts on tourism marketing and campaigns globally.

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Over 10 million travelers visited Abu Dhabi last year

Over 10 million travelers visited Abu Dhabi last year

Abu Dhabi has seen huge advances across all areas of tourism sectors, including the cultural, business, family-focused and medical sectors, with the cruise sector providing more than 350,000 visitors to the emirate in 2018.

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UAE set to welcome nine million visitors by 2023, says ATM research

UAE set to welcome nine million visitors by 2023, says ATM research

Looking to acquire their share of these high-growth markets at ATM 2019, will be the tourism boards from the UAE’s seven emirates.

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MENA’s extruded snack food market to reach USD 2.6 billion in 2024

MENA’s extruded snack food market to reach USD 2.6 billion in 2024

Saudi Arabia represents the largest market, holding the majority of the MENA extruded snack food market share. It is followed by UAE, Egypt, and Iran.

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Global medical tourism will reach USD 144 billion by 2025

Global medical tourism will reach USD 144 billion by 2025

Medical tourism is mainly driven by cosmetic treatment which represents more than two-fifths of the total market share in 2017.

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