RAKTDA announced the Emirate’s highest hotel occupancies in a quarter for Q1 2018, averaging 80 percent

RAKTDA announced the Emirate’s highest hotel occupancies in a quarter for Q1 2018, averaging 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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The global halal food market to reach USD 740 billion by 2025

The global halal food market to reach USD 740 billion by 2025

The global halal food market is expected to reach USD 739.59 billion by 2025, according to a new report by Grand View Research, Inc.  The industry was valued at USD 436.8 billion in 2016. This growth is linked to the increasing Muslim population and their substantially increasing expenditure on food & non-beverages, which is...

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Mobile bookings in Saudi Arabia jumped 116 percent compared to 2016, revealed Cleartrip data

Mobile bookings in Saudi Arabia jumped 116 percent compared to 2016, revealed Cleartrip data

The online travel sector in the GCC grew nine percent in 2017, reveals Cleartrip, one of the leading mobile and online travel companies in the Middle East, in its 2017 Travel Insights Report. The report, which derives insights from the company’s proprietary data and the data from over 400 partner...

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Oman tourism arrivals to increase CAGR 13 percent to 2021

Oman tourism arrivals to increase CAGR 13 percent to 2021

Tourism arrivals to Oman will increase at a compound annual growth rate (CAGR) of 1 percent between 2018 and 2021, according to data released by Colliers, ahead of the Arabian Travel Market 2018 (ATM), which will take place at Dubai World Trade Centre from April 22-25. The data predicts the...

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Demand for specialty coffee shops is growing in the UAE

Demand for specialty coffee shops is growing in the UAE

According to Research And Markets’ the ‘UAE Coffee Chain Market by Regions (Dubai, Abu Dhabi, Sharjah and rest of UAE), by Organized and Unorganized, by Food and Beverages – Outlook to 2021’ report the market has seen a shifting preference for modern coffee shops where people could sit and relax with a cup of coffee....

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The UAE and KSA continue to lead GCC luxury hospitality market

The UAE and KSA continue to lead GCC luxury hospitality market

The UAE will continue to lead the GCC’s luxury hospitality segment to 2022, with 73 percent of existing luxury hotel stock and 61 percent of the region’s current luxury pipeline located in the country, according to data released ahead of Arabian Travel Market 2018, taking place at Dubai World Trade...

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Middle East and Africa to deliver ‘strongest’ growth for global F&B industry to 2021

Middle East and Africa to deliver ‘strongest’ growth for global F&B industry to 2021

The Middle East and Africa (MEA) will deliver the strongest regional growth for the international food and beverage (F&B) industry, with Asia Pacific also holding ‘enticing’ prospects, according to the newly-released Gulfood Global Industry Outlook Report. The independent report was commissioned by Dubai World Trade Centre (DWTC) for the 23rd...

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Dubai’s spa inventory to increase by almost 11 percent CAGR to 2021

Dubai’s spa inventory to increase by almost 11 percent CAGR to 2021

The number of five-star hotel spas in Dubai is on track to increase by a Compound Annual Growth Rate (CAGR) of 10.7 percent to 2021, according to data released by Colliers International ahead of the 25th edition of Arabian Travel Market, taking place at Dubai World Trade Centre, from April...

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