Over 40 hotels set to open in Morocco in the next three years

Over 40 hotels set to open in Morocco in the next three years

According to the Tophotelconstruction database, 10 new hotel projects will debut in Morocco in 2018. They will be followed by 11 in 2019, six in 2020, and 17 in 2021. 64 percent of these projects fall into the luxury designation while another 36 percent are considered to be first class.  ...

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GCC F&B market set to grow to USD 196 billion by 2021

GCC F&B market set to grow to USD 196 billion by 2021

The food and beverage sector in GCC countries is expected to continue to grow at a seven percent annual rate, reaching USD 196 billion by 2021, from the current USD 130 billion, according to MENA Research Partners.   Saudi Arabia accounts for more than half of the market share, followed...

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84 new hotels to open in Saudi Arabia in 2018

84 new hotels to open in Saudi Arabia in 2018

Almost 60 percent of Saudi Arabia’s current construction pipeline of 143 hotels is forecast to open in 2018, according to the ‘Saudi Arabia Hotel Construction Overview’ report by TOPHOTELPROJECTS – compiled ahead of The Hotel Show Saudi Arabia (10-12th April 2018). The report said that 84 hotels comprising 27,281 rooms will open...

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Saudi hospitality sector to grow 13.5 percent per annum to 2022

Saudi hospitality sector to grow 13.5 percent per annum to 2022

  According to a new report, issued ahead of Arabian Travel Market 2018, recent reforms in Saudi Arabia – not to mention widespread investment in the Kingdom’s burgeoning tourism industry – will drive growth in the hospitality market of 13.5 percent compound annual growth rate (CAGR), higher than the established...

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ATM report: Guest loyalty, smart hotels, and data mining to trend until 2022

ATM report: Guest loyalty, smart hotels, and data mining to trend until 2022

A new approach to loyalty programs, smart technology, will define the hospitality industry landscape to 2022, according to data released ahead of Arabian Travel Market 2018, which takes place at Dubai World Trade Centre from April 22-25. The predictions, published by Colliers International, indicate, a rise in ultra-personalized guest services,...

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4.9 million people stayed in Abu Dhabi in 2017

4.9 million people stayed in Abu Dhabi in 2017

A record 4.87 million people stayed in Abu Dhabi’s 162 hotels and hotel apartments during 2017, with the emirate recording an almost 10 percent year-on-year rise.   Figures released by the Department of Culture and Tourism – Abu Dhabi (DCT) for its hospitality sector reveal that the number of guests...

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1.9 million tourists visited Lebanon in 2017

1.9 million tourists visited Lebanon in 2017

Figures released by the Lebanese Ministry of Tourism (MoT) show that 1.9 million tourists visited Lebanon in 2017, a ten percent increase compared to 2016. These figures exclude Lebanese, Syrian, and Palestinian nationalities.   July attracted the highest number of visitors, almost 248,000 tourists, growing by six percent y-o-y. April...

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GCC to welcome 154 million Chinese tourists in 2018

GCC to welcome 154 million Chinese tourists in 2018

Chinese arrivals to the GCC will increase 21 percent to 2021, rising to 2.5 million visitors annually, according to data released ahead of Arabian Travel Market 2018, which takes place at Dubai World Trade Centre from April 22-25.   Published by Colliers International, the data predicts Saudi Arabia will experience...

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2017 witnessed the highest tourism growth in seven years

2017 witnessed the highest tourism growth in seven years

  International tourist arrivals grew by a remarkable seven percent in 2017 to reach a total of 1,322 million, according to the latest UNWTO World Tourism Barometer. This is well above the sustained and consistent trend of four percent or higher growth since 2010 and represents the strongest results in...

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2017 had the best tourists shopping figures since 2010 in Lebanon

2017 had the best tourists shopping figures since 2010 in Lebanon

Tourists’ spending in Lebanon increased by 5.47 percent in 2017 comparing to 2016, according to Global Blue’s ‘Globe shopper spending insights in Lebanon 2017’. The growth was led by Saudi tourists who constitute 14 percent of the total tourists’ expenditures. They are followed by Emiratis (12 percent), and Kuwaitis (six...

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