According to the 2019 Index Hotel Markets Report, Expo 2020 Dubai is expected to generate $44 billion (Dh161.59 billion) in revenue from tourism across the GCC. The report said that Dubai is aiming to complete 160,000 hotel rooms by October. …
British Prime Minister Theresa May has announced that the United Kingdom’s first-ever tourism sector deal. As part of the deal, the destination plans to build more than 130,000 new hotel rooms across the U.K. Seventy-five percent of them are being …
Dubai is popular for its glitzy five-star hotels and the distinctly unofficial term “Seven Star”, but of late, there has been a steady rise in more affordable hotel rooms in Dubai. This is partly due to competition from growing …
As per Hotel Horizons March 2019 Edition, CBRE Hotels Americas Research, U.S. hotel rooms’ revenues and profits will show positive growth in 2022 after crossing the hurdle of economic ‘Blip’ in 2021 that will be responsible for slowdown. The positive …
The global tourist industry is growing by leaps and bounds. The travel and tourism industry is one of the largest in the world, with a direct turnover of $2.3 trillion in 2016. This was inclusive of accommodation, transportation, entertainment and …
South Indian state Andhra Pradesh is going to build 10,000 star-rated hotel rooms under public-private partnership through its investor-friendly tourism policy to attract more national and international tourists. The tourism department of Andhra Pradesh envisages a huge demand for …
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