Over half a million tourists visited Lebanon in Q2 2019, 12 percent more than 2018

Over half a million tourists visited Lebanon in Q2 2019, 12 percent more than 2018

Summer season is turnkey when it comes to boosting the number of arrivals to the country, and stakeholders are positive.

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Halal food market to reach USD 3 trillion in 2024

Halal food market to reach USD 3 trillion in 2024

Benefits associated with the consumption of halal food are driving this market forth. These are increasing the consumption and acceptance of halal food among non-Islamic communities.

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Global market of dark chocolates growing faster than milk chocolates

Global market of dark chocolates growing faster than milk chocolates

Owing to various health benefits and increased awareness among people regarding dark cocoa chocolates is expected to propel the demand for dark chocolates.

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20 percent growth in the global truffle market until 2023

20 percent growth in the global truffle market until 2023

Black truffle was the largest segment within the overall market in 2018 and would remain so until 2023. White truffles market will also grow.

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MENA hotel rate jump insufficient

MENA hotel rate jump insufficient

According to one of Hotstats‘ latest reports, the almost double-digit uptick in average room rates, year-over-year profit per room at Middle Eastern and North African hotels dropped in May by GOPPAR 2.4% even though average room rates rose 9.7% to $183.70, a high for the year. The rise in ARR...

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UAE ice cream market to reach USD 142 million in 2021

UAE ice cream market to reach USD 142 million in 2021

IFFCO Group leads the market with a USD 44 million revenue. It distributes London Dairy, Igloo and Quanta. Mars GCC is second with a USD 16 million.

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Pea-based burger patties to become trendier in the coming years

Pea-based burger patties to become trendier in the coming years

The growing health concerns regarding the consumption of animal protein has urged consumers to opt for alternative protein sources

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22 new hotels slated for Bahrain in the next four years

22 new hotels slated for Bahrain in the next four years

The total number of nights spent by tourists in the Kingdom reached approximately 4.1 million nights, an average of 3.3 nights per tourist.

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Middle East travelers prefer London, Paris and Rome for their summer trips

Middle East travelers prefer London, Paris and Rome for their summer trips

Asian destinations are also inching up the list for Middle Eastern travelers, with Bali, and Tokyo joining Bangkok and Kuala Lumpur in this year’s top 10.

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Hotels’ April Occupancy Surges

Hotels’ April Occupancy Surges

Occupancy levels at hotels in MENA surged to 78.2 percent in April, but it was not enough to prevent profit levels falling for an eighth consecutive month, according to the latest data tracking full-service hotels from HotStats. Profit per room fell by 2.9 percent in the month to $92.95. Despite...

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