Managing shareholder exits in family businesses
The release comes at a time when many family businesses in the region are transferring control to the third generation family members, raising the need to set robust governance and succession frameworks.
Gulf hospitality operators attracting younger Muslim travelers
Gulf hospitality operators looking to increase their share of the growing halal tourism market should diversify and digitize their offerings to suit younger generations of Muslim travelers, according to experts speaking at Arabian Travel Market (ATM) 2019. Representatives in attendance came from Wego, DinarStandard, Shaza Hotels, Tripfez, Serendipity Tailormade,...
IHG set to grow room count by 30% in 3-5 years
IHG® (InterContinental Hotels Group) has announced plans to grow by almost 30% (by number of rooms) in the Middle East over the next 3 to 5 years, as the company opens 37 hotels in its current pipeline.
Survey by Disney Destinations reveals top UAE family travel trends
The research, conducted by Disney Destinations, home to the world’s most magical entertainment and recreational destinations, examined UAE families’ key motivators and preferences and the deferring spending habits of families. Some of the key findings were: Children are the biggest influence of holiday choices 63 percent of respondents set...
There is room for right hotel concepts
Panos Loupasis, Vice President Development, Middle East, Eurasia & Africa at Wyndham Hotels & Resorts discusses the region’s thriving hotel industry and the trends taking shape. April is peak season for hospitality activity in the Middle East, not strictly business specific, but also in terms of communicating and highlighting the...
Lebanon’s Food Producers: Challenges and solutions
As it stands, Lebanon has over 4,700 registered industrial firms, which exported products valued at USD 2.61 billion in 2017. One-quarter of these belong to the agro-food sub-sector, making it the country’s second biggest export
The pitfalls of the Middle East’s hotel industry
A research paper by Drees & Sommer global hospitality team has revealed the pre-opening pitfalls of the Middle East’s hotel industry. It found that over 67 percent of new hotel openings are delayed due to poor communication, contractor time pressures and delayed sub-contractor activities. The findings of the research paper,...
Top 100 megabrands: How the world’s fast-moving brands remain at the top
Euromonitor International’s megabrands report is a ranking of the top 100 most successful fast-moving consumer goods (fmcg) brands worldwide. Changes in how people research and shop online and the importance of different regions are raising the question of where companies should focus their resources most effectively.
Franchise Opportunity Report 2019
The year 2018 was one of the most challenging to date for franchising, but fortunately, there is light at the end of the tunnel. Read the latest report from Hospitality News Middle East.
UAE 2018 F&B report
We examine the current state of the UAE’s F&B market and understand the interplay of demand and supply dynamics