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Five percent growth in Lebanon tourism during Q1 2018

Five percent growth in Lebanon tourism during Q1 2018

The arrivals are led by tourists from Europe who grew 20 percent year on year.

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Cost cutting drives profit growth in Middle East and Africa hotels

Cost cutting drives profit growth in Middle East and Africa hotels

As a result of the movement in revenue and costs, profit conversion at hotels in the Middle East & Africa was recorded at a punchy 43 percent of total revenue.

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RAKTDA boasts Emirate’s highest hotel occupancy at 80 percent

RAKTDA boasts Emirate’s highest hotel occupancy at 80 percent

Haitham Mattar, CEO of RAKTDA said: “We’ve had a strong start to the year which is important as we look towards our goal of one million visitors by the end of 2018.”

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24.6 million EU residents will travel to the GCC between 2018 and 2020

24.6 million EU residents will travel to the GCC between 2018 and 2020

According to Arabian Travel Market’s (ATM) research partner, Colliers International, arrivals from Europe to the GCC will increase 17 percent over the period 2018 to 2020. Data shows that 24.6 million EU residents will travel to the GCC between now and 2020, an additional four million travellers when compared to...

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