Global Muslim-travel segment is currently valued at an estimated USD 180 billion. This figure is forecast to reach USD 220 billion by 2020, while the number of Muslim travellers globally is expected to increase from the current 131 million to 156 mill
In the Middle East, the UAE leads the projects under development in the region, with a total of 50,000 new rooms under construction.
Average return on a hotel room in the first half of this year grew by 20 percent compared to the first half of 2017.
The primary drivers of canned food market in future will be the increasing urban population in Saudi Arabia.
The industry is gearing up for the huge influx of tourists for mega events, the report said.