Region’s tourism sector could grow to USD 246B in 2022
The WTTC says governments must continue focusing on the vaccine rollout and allowing fully vaccinated travelers to move freely.
UNWTO: global tourism grew 4 percent in 2021
While international tourism bounces back, domestic tourism continues to drive recovery of the sector in an increasing number of destinations.
The GCC’s food market in the next five years
Trends to keep an eye on include demand for organic and packaged food as well as tech advancements in food production.
Tourism and travel jobs to grow by 18 percent next year
WTTC’s research reveals that travel and tourism’s contribution to the global economy could see a rise of 31.7 percent in 2022.
How vaccines are driving tourism’s recovery
Most destinations saw a moderate arrivals rebound compared to 2020. Nevertheless, 2021 continues to be a challenging year for global tourism.
In-flight catering services to reach USD 21B by 2027
Providers of in-flight catering services are adopting key strategies, such as partnerships and acquisitions to expand their reach.
IATA: 2020 was the worst year for the travel industry
According to the IATA, the Middle East suffered the largest loss in passenger traffic, with a drop of 71.5 percent in RPKs versus 2019.
Could the global economy lose USD 4 trillion?
UNCTAD and UNWTO’s report said that international tourism and its linked sectors have suffered an estimated loss of USD 2.4 trillion in 2020.
18,000 new hotel rooms to be added to the UAE’s inventory
The UAE benefited from a domestic-demand led recovery, in addition to a peak in international tourist arrivals late 2020.
Why do Saudi entrepreneurs have their eyes on the restaurant sector?
This entrepreneurialism was matched by 1 in 5 Saudi nationals saying that they would consider a career in the restaurant sector.
