Major sporting events, including the Tokyo Olympics, and cultural events such as Expo 2020 Dubai are expected to have a positive impact on the sector.
The event will host more than 90 high-profile speakers from companies paving the way in Saudi Arabia’s hospitality investment industry.
The move comes in a bid to support the UAE’s tourism economy, and affirm the country’s position as a global tourist destination.
Wizz Air Abu Dhabi will be formed via a joint venture, and operations are expected to launch in the second half of 2020.
Tourism has shown itself to be resilient over the last decade, shrugging off the impact of the financial and economic crisis of 2008. This strong performance points to positive returns for investors and broader opportunities for myriad economies. Ralph Nader, CEO of Amber Consulting, looks at why Portugal is holding its own in a competitive market.
The market devoted to leisure and recreation is flourishing, thanks to a rising middle class with higher levels of purchasing power and retiring baby boomers who have more disposable income to spend on fun. Nada Alameddine, partner at Hodema consulting services, tells us more
Airport hotels were once a place where very few people would choose to stay. Four decades ago, they remained, for the most part, a collective of basic accommodation, fulfilling a fatigued traveler’s primary needs for sleep and refreshment. Chirine Salha, senior consultant at Ulysses Consulting, tells us how things have changed