MENA GOPPAR Jumps in September
After 12 consecutive months of year-over-year profit decline, GOPPAR in the region was up 10.9% in the month, buoyed by a 4.9 percentage-point rise in occupancy and an uptick in food & beverage revenue, according to data from HotStats.
Lebanon’s 1st ‘Visitor Experience’ program results revealed
Lebanese Tourism Minister Avedis Guidanian held a press conference today to highlight the country’s latest facts and figures related to this year’s tourism season, as well as the results of the ‘Visitor Experience’ (VX Kiosk) kiosk program recently-introduced at Rafic Hariri International Airport. During the event, Minister Guidanian remarked that despite the...
Over eight million tourists in Dubai in the first half of the year
India alone draw almost 1 million visitors to Dubai, particularly noteworthy given the severe air traffic and seat capacity challenges due to geopolitical volatilities.
Riyadh’s midscale hotel sector providing the greatest opportunity for developers
Riyadh’s midscale hotel sector providing the greatest opportunity for developers, says Drees & Sommer
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.
Over half a million tourists visited Lebanon in Q2 2019, 12 percent more than 2018
Summer season is turnkey when it comes to boosting the number of arrivals to the country, and stakeholders are positive.
Halal food market to reach USD 3 trillion in 2024
Benefits associated with the consumption of halal food are driving this market forth. These are increasing the consumption and acceptance of halal food among non-Islamic communities.
Global market of dark chocolates growing faster than milk chocolates
Owing to various health benefits and increased awareness among people regarding dark cocoa chocolates is expected to propel the demand for dark chocolates.
20 percent growth in the global truffle market until 2023
Black truffle was the largest segment within the overall market in 2018 and would remain so until 2023. White truffles market will also grow.
