MENA F&B Market Overview
The MENA F&B market is in a continuous state of flux, with constant challenges emerging, and yet the number of opportunities ripe for tapping is on the rise for those with sufficient flexibility to adapt to the climate of the market.
MENA Hotels Profit-Losing Streak Continues
August marked the 12th consecutive month of profit decline at hotels in the Middle East and North Africa, as profit per room fell by 7.0% year-over-year to $58.06.
MENA: Lower revenues, higher costs sink profits
2018 was a bruising year for hotels in the Middle East & North Africa, as an intersection of oversupply, political fallout and macro-economic worry challenged profitability.
25 new Warwick Hotels & Resorts will come to the MENA region by 2025
he company currently operates 16 hotels in the MENA region spread across Saudi Arabia, Qatar, Turkey and Lebanon, both in four-and five-star categories.
MENA involved in Marriott’s 2019 growth plan
To expand its luxury footprint with more than 200 properties in the development pipeline, representing 20 new countries for the company’s luxury portfolio.
A new level of luxury in the MENA
Philipp Henle, head of global development at Dorchester Collection, outlines the chain’s interest in the MENA, potential business opportunities and upcoming strategies
MENA’s extruded snack market to reach USD 2.5 billion in 2023
Rapid industrialization and urbanization have resulted in a significant shift towards western food cultures.
Hilton’s Carlos Khneisser on their latest developments in the Middle East
With the number of visitors coming in to its main cities like Makkah and Dubai in particular now on a level with global destinations.
