Cost cutting drives profit growth in Middle East and Africa hotels
As a result of the movement in revenue and costs, profit conversion at hotels in the Middle East & Africa was recorded at a punchy 43 percent of total revenue.
AHIC panelists: Industry calls for proactive approach to Emiratization in hospitality
“We are working effortlessly to inspire and attract as many Emiratis as possible,” said Olivier Harnisch, CEO of Emaar Hospitality Group.
Trendlines Report on the F&B industry in the GCC at GRIF
HN provides a first look at key findings from founder and CEO of Insignia Worldwide, Guarav Sinha’s session on the upcoming F&B Trendlines report on the GCC, unveiled at GRIF 2018 at the Palazzo Versace Dubai.
Staycations growing trendier in Middle East
Traveler habits are evolving and as annual leave periods become more and more fragmented, vacationers from the Middle East region are travelling intra-regionally or internationally more often and for shorter periods of time. Travelers from the region are also growing more budget conscious as they shop on-line for better and...
Escobar witnesses massive growth in just two years
Escobar building a legacy beyond the name Within just two years of operations, Escobar has grown to become a multi-outlet bar-restaurant that has stretched well beyond Lebanon’s borders 17 years young In the year 2000, MEC (Managing and Engineering F&B Concepts) saw the light of day,...
