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A new study released at the Africa Hotel Investment Forum (AHIF) by food and beverage (F&B) strategy and design firm KEANE, forecasts that 700 new hotel restaurants and bars will be opened in Africa by 2025, in internationally branded hotels.

The number of international travellers from India to the UAE is set to grow from 2,6 million in this year to 3,3 million in 2023, increasing at a compound annual growth rate (CAGR) of 6,1 percent, according to GlobalData, a leading data and analytics company.

The Oman Ministry of Tourism revealed the latest tourism figures for this summer, highlighting the success of its efforts to increase the sector’s contribution to the country’s economic growth.

International tourist arrivals grew four percent from January to June (H1) of this year, compared to the same period in 2018, according to the latest UNWTO World Tourism Barometer published ahead of the 23rd World Tourism Organization General Assembly.

The GCC is gaining a stronger position to become a world-class global tourism hub backed by competitive advantages that attract international travellers looking for new tourism experiences, according to a report released by Orient Planet Research, an Orient Planet Group venture.

Emaar Malls the shopping malls and retail business majority-owned by Emaar Properties, recorded an increase in net profit by three percent during the first six months of this year(January to June) USD 308 million, compared to the net profit of USD 300 million during the same period in 2018.

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