Global fermented non-dairy, non-alcoholic beverages market to reach USD 1.6 billion this year

Global fermented non-dairy, non-alcoholic beverages market to reach USD 1.6 billion this year

Transparency Market Research (TMR), in one of its recent publications, observes the global fermented non-dairy non-alcoholic beverages market to be largely consolidated and is likely to stay this way going ahead too. However, the dominance of a few established players renders competition in the global fermented non-dairy non-alcoholic beverages market. To outpace...

Read more
Tourists spending seven percent up in Lebanon this summer

Tourists spending seven percent up in Lebanon this summer

According to Global Blue’s ‘Insights into tourist spending Q3’ report, the tourist spending increased by seven percent in Q3 2017 compared to Q3 2016.   “Summer 2011 was the peak, and comparing this summer’s results to that of 2011, we are still below by – 18.27 percent,” Joe Yacoub, Lebanon...

Read more
83 new hotels to launch in the UAE in 2018

83 new hotels to launch in the UAE in 2018

As the region’s largest and longest-standing hospitality event draws to a close for 2017, forecasters have revealed that 2018 is expected be hugely eventful for the UAE’s hospitality industry – with no less than 83 new hotels set to open. The latest Middle East and Africa Hotel Construction report by...

Read more
UAE’s hospitality projects value crosses USD 72 billion in Sept 2017

UAE’s hospitality projects value crosses USD 72 billion in Sept 2017

  The total value of 543 active hospitality projects in the UAE reached US$71.6 billion at the beginning of September 2017, according to BNC Network, the largest and most comprehensive project research and intelligence provider in the Middle East and North Africa (MENA) region.   The hospitality sector constitutes six percent of...

Read more
Positive tourism insights in Lebanon

Positive tourism insights in Lebanon

“We have reached a new phase in tourism in Lebanon, and if we maintained the same pace, we will reach two million visitors, just 10 percent less than the best performing years we’ve witnessed,” said the Lebanese Minister of Tourism, Avedis Guidaanian during a visit to the Presidential Palace today....

Read more
UNWTO: Middle East tops international tourism in H1 2017

UNWTO: Middle East tops international tourism in H1 2017

Visitor numbers reported by destinations around the world reflect strong demand for international travel in the first half of 2017, according to the latest UNWTO World Tourism Barometer.   Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained...

Read more
Tourism in the land of the Pharaohs

Tourism in the land of the Pharaohs

Tourism in the Land of the Pharaohs   Egypt’s tourism industry has historically accounted for about 13 percent of the economy and corresponding levels of employment. While the country’s political instability and social upheaval have severely affected its hospitality industry, the country can still capitalize on the sector’s traditional role...

Read more

BUSINESS EYE ON SHANGHAI

5 questions to Boecker® Public Health CEO Michel Bayoud As the leading public health service provider in the Middle East, Boecker has long been a pioneer in the pest control industry, both across the region and further afield. In July, the firm participated in the International Conference on Urban Pests...

Read more
What’s hot in F&B in 2018

What’s hot in F&B in 2018

FOOD AND BEVERAGE TRENDS Toufic Akl, partner at Hodema consulting services, predicts what will be hot in F&B in 2018 First let’s take a look at this year’s fads. We witnessed an upsurge in protein dishes against carbs, an increased focus on quality ingredients and the boom of kale. We...

Read more