Black truffle was the largest segment within the overall market in 2018 and would remain so until 2023. White truffles market will also grow.
According to one of Hotstats‘ latest reports, the almost double-digit uptick in average room rates, year-over-year profit per room at Middle Eastern and North African hotels dropped in May by GOPPAR 2.4% even though average room rates rose 9.7% to $183.70, a high for the year. The rise in ARR...
IFFCO Group leads the market with a USD 44 million revenue. It distributes London Dairy, Igloo and Quanta. Mars GCC is second with a USD 16 million.
The growing health concerns regarding the consumption of animal protein has urged consumers to opt for alternative protein sources
Asian destinations are also inching up the list for Middle Eastern travelers, with Bali, and Tokyo joining Bangkok and Kuala Lumpur in this year’s top 10.
Occupancy levels at hotels in MENA surged to 78.2 percent in April, but it was not enough to prevent profit levels falling for an eighth consecutive month, according to the latest data tracking full-service hotels from HotStats. Profit per room fell by 2.9 percent in the month to $92.95. Despite...
Confidence in global tourism has started to pick up again after slowing down at the end of 2018, according to the latest UNWTO Confidence Index survey.