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Middle East Hotel Project Count Hits All-Time High - skift.com - China - Turkey - Qatar - Uae - city Abu Dhabi - Egypt - city Dubai - city Riyadh
skift.com
06.09.2023 / 07:07

Middle East Hotel Project Count Hits All-Time High

In the second quarter of 2023, the Middle East’s hotel construction pipeline has seen significant growth, marking its highest project count since the first quarter of 2020, according to Lodging Econometric’s Middle East Hotel Construction Pipeline Trend Report.

Inside Marriott's India Strategy: From Moxy Debut to Embracing Smaller Cities - skift.com - India - city Mumbai - city Chennai - city These - city Small - Marriott
skift.com
30.08.2023 / 16:11

Inside Marriott's India Strategy: From Moxy Debut to Embracing Smaller Cities

Marriott, the leading hotel company in India, is set to introduce its 17th brand in the country — Moxy.

UAE Bids Goodbye to Pandemic-Related Restrictions: Middle East Travel Roundup - skift.com - Spain - Germany - Turkey - Saudi Arabia - Qatar - Uae - city Abu Dhabi - Egypt - city Dubai
skift.com
25.08.2023 / 14:38

UAE Bids Goodbye to Pandemic-Related Restrictions: Middle East Travel Roundup

The United Arab Emirates government on Sunday announced the lifting of all precautionary measures implemented in the country during Covid-19. With the lifting of restrictions, wearing of masks has now been made optional in all open and closed facilities, including places of worship and mosques. However, those categorized as “people of determination” would be required to wear mask while visiting health facilities and centers. The Al Hosn app would now only be required to furnish proof of vaccination and for test results inside and outside the country, when required. The green pass on the app would no longer be required to enter public facilities and sites. The requirement of a polymerase chain reaction test would also no longer be made mandatory for those attending or participating at sporting events. The authorities said they have decided to ease the restrictions after studying the epidemiological situation in the country and having monitored occupancy rates in hospitals and intensive care for Covid cases.

Emirates Earns $1 Billion Record Net Profit for Fiscal First Half - skift.com - Usa - city Dubai
skift.com
25.08.2023 / 14:34

Emirates Earns $1 Billion Record Net Profit for Fiscal First Half

Registering a record performance for the first six months of the financial year, Dubai state carrier Emirates Airline on Thursday reported a net profit of $1.08 billion for the first half of the financial year, compared to a loss of $1.6 billion for the same period last year.

UAE Eyes $122 Billion a Year From Tourism by 2031 - skift.com - Saudi Arabia - Qatar - Uae - Egypt - Oman - city Dubai - Kuwait - city Kuwait
skift.com
25.08.2023 / 14:34

UAE Eyes $122 Billion a Year From Tourism by 2031

In a bid to boost tourism’s contribution to the national gross domestic product to $122 billion a year by 2031, the ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, launched the UAE Tourism Strategy 2031 on Friday. Eyeing an annual increase of $7.4 billion, the tourism startegy aims to attract new investments of $27.2 billion to the tourism sector in the country, and attract 40 million hotel guests in 2031. The strategy includes 25 initiatives and policies to support the development of the tourism sector in the country, according to the government media office. With the return of tourists, the United Arab Emirates’ tourism revenues surpassed $5 billion in the first half of this year.

Middle Eastern Destinations Lead Global Travel Recovery - skift.com - Saudi Arabia - Qatar - Jordan - Lebanon - Egypt - city Dubai
skift.com
25.08.2023 / 14:28

Middle Eastern Destinations Lead Global Travel Recovery

The Middle East is leading international travel recovery in the fourth quarter as inbound arrivals to the region witnessed an increase of 4 percent, long ahead of the global average of a decrease of 30 percent, according to travel analytics firm ForwardKeys. “The FIFA World Cup is certainly the key driver for its travel recovery,” said Juan Gomez, head of market intelligence at ForwardKeys. The latest air ticketing data by ForwardKeys also shows that international arrival levels may be back to normal in 2023, with travel to the Middle East up by 15 percent on pre-pandemic levels in the first quarter. Overall, the outlook for 2023 looks promising, despite high inflation in key source markets and the looming recession, FowardKeys noted. The Middle East is also attracting more premium travellers than in 2019, the travel analytics firm noted with Saudi Arabia showing the greatest growth. Qatar, Egypt, Jordan, and Lebanon are also showing growth, with a regional average of 11  percent above 2019.

Gulf Region Boasts 170,000 Hotel Rooms in Active Development Pipeline - skift.com - Germany - Canada - Turkey - Saudi Arabia - Qatar - Ukraine - Uae - city Abu Dhabi - Egypt - Oman - city Muscat - county Gulf - city Dubai - Kuwait - city Doha
skift.com
25.08.2023 / 14:28

Gulf Region Boasts 170,000 Hotel Rooms in Active Development Pipeline

The Gulf region now has more than 170,000 hotel rooms under active development, which includes planning, final planning and under construction, according to research conducted at the end of September by STR, a hotel market intelligence and global benchmarking company. This active hotel development pipeline now equals 40 percent of the Gulf region’s existing hotel room inventory, a figure almost four times greater than the global average of 11 percent. The STR report estimates 135,560 existing rooms in Saudi Arabia with an active pipeline of 82,639 rooms, with total room inventory projected for 2030, at over 218,000 rooms. Similarly for the United Arab Emirates, the research currently tracks more than 202,000 existing rooms with an active pipeline of 48,910 rooms, a combined total of almost 251,000 rooms by 2030. “Interestingly, Ras Al Khaimah, is second only to Dubai, with 5,076 rooms in its pipeline, almost the same amount as Sharjah, Abu Dhabi and Fujairah combined,” said Danielle Curtis, exhibition director of Arabian Travel Market. The research had been commissioned by Arabian Travel Market.

India Makes Covid Test Mandatory for Arrivals From China and 5 More Asian Countries - skift.com - Japan - China - Hong Kong - city Hong Kong - Singapore - city Singapore - South Korea - India - Thailand
skift.com
25.08.2023 / 14:24

India Makes Covid Test Mandatory for Arrivals From China and 5 More Asian Countries

India is making a PCR Covid test mandatory for inbound arrivals from China, Singapore, Hong Kong, Thailand, Japan, and South Korea, from January 1.

Why Thailand Is the Best Bet for Russian Tourists These Days - skift.com - China - Russia - Ukraine - city Moscow - Thailand - city Bangkok
skift.com
25.08.2023 / 14:24

Why Thailand Is the Best Bet for Russian Tourists These Days

An innkeeper in Bangkok’s Sathorn area has been desperately looking to hire more staff to cater to the increasing number of tourists at his place.

Chinese Cite Financial Impact From Covid for Not Wanting to Travel Abroad - skift.com - China - Hong Kong - Thailand
skift.com
25.08.2023 / 14:20

Chinese Cite Financial Impact From Covid for Not Wanting to Travel Abroad

Chinese travelers cite financial constraints over the last three years as the leading reason for not wanting to travel abroad even as China decided to end its zero-Covid policy by easing travel restrictions, according to a report.

Middle East Tourism Set to Return to Pre-Pandemic Levels in 2023 - skift.com - China - Saudi Arabia - Qatar - Uae - Egypt - city Dubai
skift.com
25.08.2023 / 14:15

Middle East Tourism Set to Return to Pre-Pandemic Levels in 2023

Having witnessed a stronger than expected recovery in 2022, the Middle East could see international tourist arrivals return to pre-pandemic levels this year, according to the United Nations World Tourism Organization (UNWTO). Data from the UNWTO World Tourism Barometer noted that while all regions enjoyed significant increase in international arrivals in 2022 over the previous year, the Middle East recorded the strongest relative increase as international tourist numbers climbed to 83 percent of pre-pandemic numbers last year. “The region welcomed large events such as Expo 2020 Dubai and the FIFA World Cup in Qatar, as well as a highly attended Hajj pilgrimage in Saudi Arabia,” noted UNWTO in its report.  “UNWTO anticipates a strong year for the sector even in the face of diverse challenges including the economic situation and continued geopolitical uncertainty,” Secretary General Zurab Pololikashvili said. UNWTO noted that over 900 million tourists travelled internationally in 2022, which was double the number of those who travelled in 2021 though still 37 percent below 2019.

Dubai's 14 Million Foreign Visitors Last Year Nudges Closer to 2019 High - skift.com - China - Saudi Arabia - city Moscow - Egypt - county Gulf - city Dubai
skift.com
25.08.2023 / 14:11

Dubai's 14 Million Foreign Visitors Last Year Nudges Closer to 2019 High

Dubai received 14.36 million international overnight visitors in 2022, growing 97 percent year-on-year from the 7.28 million tourist arrivals in 2021, according to the latest data published by Dubai’s Department of Economy and Tourism. In 2019, the city had welcomed a record 16.73 million international overnight visitors. The strong performance in 2022 features some noteworthy spikes in Dubai’s traditional key markets and strong growth across emerging markets. Dubai remained a first-choice safe travel destination for visitors from the city’s stronghold markets. Western Europe and Gulf regions each accounted for a 21 percent share of arrivals. The Gulf region in particular saw an exponential increase in their share of arrivals from 13 percent in 2021 to 21 percent last year. South Asia contributed 17 percent of total volumes while the Middle East and North Africa region contributed 12 percent, further reinforcing Dubai’s continued appeal to travelers from proximity markets. The Americas accounted for seven percent of arrivals while North Asia, Southeast Asia and Africa each contributed five percent and Australasia accounted for two percent.

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