Saudi Arabia’s growth under vision 2030
Kostas Nikolaidis, senior account manager for STR, maps out the Kingdom of Saudi Arabia’s remarkable transformation, fueled by Vision 2030.
Regional hotel pipelines: from vision to reality
The regional hotel investment and development environment is undoubtedly dynamic, buoyed by a robust pipeline of ambitious and diverse projects. Kostas Nikolaidis, senior account manager MEA for STR, maps out the hotel projects which are collectively transforming the Middle East into a world-class tourism destination.
Midscale and economy: the new kids on the block
Firmly established as a hospitality investment hotspot, the GCC is now witnessing new industry trends, including growth beyond the luxury segment. These efforts to boost visitor numbers by broadening the tourism offering are already paying dividends in key regional destinations, as Kostas Nikolaidis, Middle East and Africa executive for STR, explains.
Bright outlook for GCC hotel industry
Having cemented its status as a global tourist destination, the region is well placed to attract new investment for the industry, following a swift post-pandemic rebound marked by impressive visitor numbers, huge project pipelines and the introduction of business-friendly initiatives, as Kostas Nikolaidis, Middle East and Africa executive for STR, explains.
What does post-pandemic travel look like?
After several years of record lows and disruption, 2022 has marked the dawn of a new era for global tourism and hospitality. But even that does not come without its challenges, as Kostas Nikolaidis, Middle East and Africa executive for STR, explains.
New projects redefining the GCC hotel landscape
The hotel industry never stands still, which is ironic when you consider that as an industry, it encourages clients to sit back and relax! Kostas Nikolaidis, Middle East and Africa executive for STR, gives us the lowdown on the fast-paced GCC hotel market, which is definitely raring to go.
The changing role of hotels
Although we are on the path to recovery, the hospitality industry barely resembles its pre- Covid-19 state. Kostas Nikolaidis, Middle East and Africa executive for STR, examines today’s hotel sector and emphasizes the need for change.
How events are fueling hotel performance
Fall and winter are traditionally high seasons for tourism in the Middle East. As such, an important driver o f demand has always been events. Kostas Nikolaidis, Middle East and Africa executive for STR, takes a look at how the region’s calendar of events is shaping up.
Hospitality 2020: a year to remember or one to forget?
While Covid-19 hit the hospitality industry hard, hotel markets in the Arab world produced intriguing results. Kostas Nikolaidis, Middle East and Africa executive for STR, takes a closer look at the figures to determine the real impact of the coronavirus on the Middle East’s hospitality sector.
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Where hospitality is heading
While 2021 has been a turbulent year for tourism, the signs are promising for 2022. We asked 11 experts from the world of hospitality to share their industry forecasts and the trends we should be keeping an eye on.