The hospitality industry plays a vital role in the economic development of major cities around the world. This is apparent in the case of Cairo, Makkah, Doha, Manama, Abu Dhabi and Dubai, as per the latest findings from the EY Middle East Hotel Benchmark Survey.
In the ever-evolving landscape of Saudi Arabia’s hospitality and tourism sectors, recent data from JLL paints a vivid picture of growth and innovation as the government’s investment in tourism development drives the kingdom’s strong performance in the hospitality sector.
In May 2023, the Middle East’s hospitality industry witnessed noteworthy shifts and trends, unveiling the dynamic landscape of the region’s tourism and hotel sectors. The latest findings from the EY Middle East Hotel Benchmark Survey provide valuable insights into key cities’ performance during this period.
The Public Investment Fund (PIF) has announced the establishment of the Saudi Tourism Investment Company Asfar to support the growth of the country’s tourism sector.
The Middle East’s hospitality sector is currently witnessing a remarkable upsurge, with significant growth and extensive development under way in travel, tourism and hotel construction. This expansion has been propelled by several factors, including ambitious infrastructure projects, strategic investments and a sharpened focus among key players on developing the sector.
Sustainability is becoming an important consideration within the Middle East’s luxury travel sector, especially in the UAE, where 61 percent of residents are willing to pay a premium for more responsible, eco-friendly and sustainable tourism experiences.
Qatar Tourism has revamped its Hayya Platform, inviting tourists who currently need a visa to Qatar to enjoy the country’s famously warm Arabian hospitality and diverse touristic offering.
George Nasraoui is a man of many talents. Not only was he able to establish his firm during the Lebanese civil war, but he also managed to expand it on international scale. Here, the founder and CEO of food manufacturing company Sonaco Al-Rabih and VP of the Association of Lebanese Industrialists takes us on a trip down memory lane and discusses what the future holds for his company.
The three-day Gulfood Innovation Summit brings together players from across the industry to examine the challenges and opportunities in the F&B market.