Why 2020 was the worst year in the history of tourism
The collapse in international travel represents an estimated loss of USD 1.3 trillion in export revenues – more than 11 times the loss recorded during the 2009 global economic crisis.
18,000 new hotel rooms to be added to the UAE’s inventory
The UAE benefited from a domestic-demand led recovery, in addition to a peak in international tourist arrivals late 2020.
JLL’s eye on Cairo’s hotel supply
When it comes to Cairo’s hotel supply, it remained stable at 23,000 keys with no additional completions in the first quarter of 2020.
GCC residents to travel internationally post COVID-19
The survey was conducted among residents and citizens of the United Arab Emirates and Saudi Arabia in order to understand their sentiment towards travel during the COVID-19 pandemic.
How will food e-commerce grow in the coming years?
Millennials with the highest spending power are looking for convenient and personalized ways to consume, and consume more.
World smart hospitality market to reach over $12B by 2025
The market is driven by the rising internet penetration and inclination towards IoT which are encouraging the hospitality segment to offer smart solutions.
How Coronavirus is disrupting the soft drinks and packaged food industries
It is still unknown how severe the crisis will be on foodservice chains, but soft drinks industry is losing massive amounts of revenue.
An eye on the growing poultry market in the MENA
On the occasion of Poultry Day which takes place on March 19, HN spoke with Betty Bedrossian Rizk, regional marketing manager at Arab Marketing and Finance (AMFI), which represents US poultry suppliers, to highlight the industry’s insights and upcoming trends.
The impact of Coronavirus on the global tourism industry
“It’s important to remember that fatality rates remain very low and the chances of contracting the virus are remote if they travel responsibly”
KSA to attract more short leisure break traveler by 2024
The global hotel industry gained an interest in KSA with a number of international and regional brands looking to expand their presence across the Kingdom.
